DRAKE ROAD, LEE ON THE SOLENT - SHARED OWNERSHIP

Property Details: - Type: End of terrace house - Bedrooms: 2 - Bathrooms: 1

Agent: Pearsons - Fareham Phone: 01329 596882

<b>DESCRIPTION </b><br/>NO FORWARD CHAIN. An excellent and rare opportunity has arisen to purchase <b>40%</b> (full market value £320,000) <b>SHARE</b> <b>of this</b> <b>SHARED OWNERSHIP</b> two bedroom end terraced house located on the outskirts of the Daedalus development in Lee on Solent and within a 'stones throw' of Lee on Solent seafront. The internal accommodation comprises; entrance hall, cloakroom, kitchen, 16' living room with French doors onto the rear garden and to the first floor, there are two double bedrooms and a bathroom. Outside, there is driveway parking to the front, enclosed rear garden and an allocated parking space located to the rear of the house. Viewing is highly recommended by the sole agents. <br/><br/><b>ENTRANCE HALL </b><br/>Double glazed front door. Smooth ceiling. Staircase rising to the first floor. Radiator.<br/><br/><b>CLOAKROOM </b><br/>Smooth ceiling with inset spotlighting. Extractor fan. Low level WC. Wash hand basin. Heated towel rail. <br/><br/><b>KITCHEN </b><br/>Double glazed window to the front aspect. Smooth ceiling with inset spotlighting. Matching wall and base units with contrasting worktops. Four ring gas hob with extractor above. Integrated oven/grill. Space for fridge/freezer and washing machine.<br/><br/><b>LIVING ROOM </b><br/>Dual aspect with double glazed French doors leading to the rear garden. Double glazed windows to the rear and side aspect. Smooth ceiling. Two radiators. Understairs storage cupboard.<br/><br/><b>FIRST FLOOR </b><br/><br/><b>LANDING </b><br/>Smooth ceiling. Loft access. Radiator. Doors to:<br/><br/><b>BEDROOM ONE</b><br/>Two double glazed windows to the rear aspect. Smooth ceiling. Radiator.<br/><br/><b>BEDROOM TWO </b><br/>Double glazed window to the front aspect. Smooth ceiling. Radiator.<br/><br/><b>BATHROOM </b><br/>Double glazed window to the side aspect. Smooth ceiling. Extractor fan. Suite comprising; bath with shower over and screen. Wash hand basin. Low level WC. Heated towel rail. Part tiled walls.<br/><br/><b>OUTSIDE </b><br/>To the front of the property, there is driveway parking. A further allocated parking space is located to the rear of the property and is labelled with the letter 'L'.<br/><br/>The rear garden has an initial patio area with a path leading to the gated rear access, which leads to the additional parking space. The remainder of the garden is barked. Timber garden shed.<br/><br/><b>LEASE INFORMATION </b><br/>Remainder of 125 year lease from 1st October 2019. <br/>Rent: £520.79 per month. <br/>Maintenance/service charge: £25.23 per month. <br/>Insurance charge: £9.52 per month. <br/>Management charge: £6 per month. <br/><br/>Total of £561.53 a month payable on the 40% share.<br/><br/>The charges will be reviewed annually and the new charges come into effect on the 01/04/2026.<br/><br/><b>COUNCIL TAX </b><br/>Gosport Borough Council. Tax Band C. Payable 2025/2026. £1,924.04.