• Close to Southampton city centre +
• Lease extension underway +
• Seller paying for lease extension +
• Ideal for first time buyers +
• Attractive rental yield +

TWO BEDROOM FIRST FLOOR FLAT

LEASE IN THE PROCESS OF BEING EXTENDED - Two bedroom first floor flat with no chain. The seller has confirmed they will cover the cost of the lease extension.

This well-presented two bedroom first floor flat is located in Rockstone Court, a highly convenient development just a short walk from Southampton city centre. The property enjoys an excellent position within easy reach of the city's vibrant shops, bars and restaurants, as well as the central train station and bus routes, making it an ideal choice for both commuters and those who want to enjoy everything the city has to offer right on their doorstep.

The flat itself offers well-proportioned accommodation throughout. There is a spacious lounge which provides a comfortable living space, a modern fitted kitchen with white goods included, two good size bedrooms and a bathroom. The layout makes this a practical and appealing home, perfectly suited to first time buyers stepping onto the property ladder as well as buy-to-let investors looking for a strong yielding property in a sought-after rental location.

One of the major benefits of this property is the lease position. The flat currently has 83 years remaining on the lease, however the seller has already begun the statutory process to extend the lease by an additional 90 years. Crucially, this means the purchaser will not have to wait the obligatory two years to qualify, and furthermore, the seller has agreed to cover the cost of the lease extension. This provides peace of mind and significantly enhances the long-term value of the property.

Parking is also catered for, with residents able to obtain permits for the on-site car park through UK Car Park Management. This, combined with the superb central location, makes the property a convenient and desirable option in the heart of Southampton.

With its combination of modern accommodation, city centre accessibility and the advantage of a lease extension already in hand, Rockstone Court offers an excellent opportunity for both home buyers and investors alike.
Additional Information
Tenure: Leasehold
Lease Remaining: 83 years (Seller is in the process of extending the Lease Term by an additional 90 years)
Yearly Service Charge: £1282.93 (1 April 2023 to 31 March 2024)
Annual Ground Rent: £0
Parking: Permit available through UK Car Park Management Utilities: Mains Electricity Mains Water Drainage: Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: B