Full description
LOT 1 : £420,000. Ground Floor Flat - Leasehold, 2 bed, gardens, and parking.
LOT 2 : £435,000. First Floor Flat - Leasehold, 3 bed, garden, and parking.
LOT 3 : +£50,000 if added to Flat purchase. Detached garage, with doors and windows onto rear garden (ideal for annexe conversion STPP). £80,000 if separate lease/title.
LOT 4 : +£25,000 Freehold, or £15,000 each per share of Freehold if both buyers of flats prefer to co-own.
*Combination prices available upon request.
Happily nestled on its ample plot within the Portman Estate, this detached period property presents various opportunities to its 'next chapter' prospective owners. Currently the ground floor and first floor are arranged as two separate bright and spacious apartments, each with their own front door and private gardens. There is a thriving rental market locally and proven positive rental return to be achieved should the buyer(s) wish to acquire both flats to buy-to-let. There would also be the option to live in one and rent out the other, but furthermore there is additionally a detached garage situated within the rear garden segment which could provide opportunity to convert/replace with an annexed dwelling (STPP, noting the property next door has a similar planning proposal recently approved). The overall plot also benefits from backing onto a private road, rather than another property, and with a tall tree present on the rear perimeter, all spaces in the arrangement feel minimally overlooked. The front garden is currently used for two parking spaces plus sunny raised-bed herb garden but there is plenty of room for an in-and-out driveway or otherwise more green space garden if the long driveway provides enough parking for a new owner. The two flats (3bed + 2bed) are currently leasehold, with long leases, and the freehold is also available if a combined sale is selected, which would facilitate utmost flexibility in the curation of the property's future, or share of freehold if two Flats buyers choose to co-own. The EPC for downstairs currently achieves D, with upstairs at C thanks to newly fitted windows.
While each flat provides opportunity for just-move-in family living, the property could be potentially also be restored relatively easily to its original layout to sensitively revive a 3000 square foot bespoke family home, with the opportunity for multigenerational living depending on how the new owner prefers to adjust the layout to achieve 4/5/6/7 bedrooms in addition to good sized breakaway family rooms / living / entertaining spaces. To return to the original flow of the property, an entry to the wide staircase would just be reopened into the large hallway on the ground floor, and potentially also to the kitchen if desired.
The ground floor kitchen is currently equipped with ample storage, and has a boot-room to exit through into the garden, however there could be opportunity to extend here to further open up the flow into the garden space and provide inside-outside living with a breakfast area. Already another ground floor room does open onto the garden with French doors leading onto a newly built decking. This room is currently a bedroom, but if purchased as a standalone Flat then it may be preferred to have a living space open onto the garden, and bedrooms at the front of the property, the larger of which could then even be partitioned to create two children's rooms, making the 2 bed GFF work as a 3 bed potentially.
It is worth noting also, that the pitch of the roof above the first floor flat enables another useable space in the loft - currently boarded and used as a hobby-room and storage, though not already fully converted. STPP this may even create a fourth bedroom for a FFF buyer, though one of the bedrooms could be considered large enough to partition for two children if a simpler route to 4 beds is desired.
Viewing is advised to fully appreciate the potential in relation to various buyer's perspectives here. The property is brimming with soul and enveloped by established trees, which creates a homely feel atop its desirable location. With large rooms, high ceilings, expansive windows throughout, and character features at every turn, versatile space and serenity by the sea are offered here; enviably located to combine coastal charm with community convenience.
Southbourne itself is an unparalleled joy to live beside, with a genuinely engaged and caring community, thriving independent businesses and restaurants, an array of practical amenities, acclaimed schools within walking distance, looping woodland trails for a breath of fresh air, various convenient transport links, and of course via Portman Ravine zigzag, the sea is simply a five minute meander from the front door.