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£75,000
POA

1 bed retirement for sale Cottage Grove, Southsea, PO5 1DU

1 bed 1 bath Retirement
Retirement home Tenure: ask agent

Added today

About this property

A recently redecorated one-bedroom retirement apartment offering modern comfort, a welcoming community, and superb access to Southsea's shops, seafront, and amenities. Number 33 Homerose House provides an excellent opportunity to rent out or occupy a smart and well-presented one-bedroom apartment within this popular retirement development. Designed specifically for those aged 60 and over, the property combines the independence of private living with the reassurance of a supportive environment.

Key features

  • Retirement apartment
  • Currently tenanted at £1000.00 pcm
  • Good sized living room
  • Fitted kitchen
  • Shower room
  • Communal lounge
  • Laundry room en site
  • On site development manager
  • Central location
  • DN0848

Location

Cottage Grove, Southsea, PO5 1DU

Council tax
Band D (Approx £2,292/year)

Mortgage and stamp duty

Property price £75,000
£38k £113k
Deposit11% £8,000
£0 £75k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £67,000 mortgage. Most lenders would want a household income of about £15,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in PO5 1DU. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 44, Homerose House, Cottage Grove Flat / maisonetteJun 2025398 sq ft £176/sq ft£70,000
Flat 9, Homerose House, Cottage Grove Flat / maisonetteApr 2025624 sq ft £216/sq ft£135,000
Flat 7, Homerose House, Cottage Grove Flat / maisonetteAug 2024377 sq ft £159/sq ft£59,995
Flat 12, Homerose House, Cottage Grove Flat / maisonetteJul 2024398 sq ft £203/sq ft£81,000
Flat 5, Homerose House, Cottage Grove Flat / maisonetteJan 2024452 sq ft £122/sq ft£55,000
Flat 3, Homerose House, Cottage Grove Flat / maisonetteOct 2023452 sq ft £135/sq ft£61,250
Flat 28, Homerose House, Cottage Grove Flat / maisonetteMar 2023398 sq ft £161/sq ft£64,000
Flat 11, Homerose House, Cottage Grove Flat / maisonetteFeb 2023409 sq ft £180/sq ft£73,500

All sales on Cottage Grove → All sold prices in Southsea →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, David Neilan
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