1 bed apartment to buy in GU32
Charles Street, Petersfield, Hampshire, GU32 3EQ
Online auction
- Being sold via ‘Secure Sale’
- Immediate ‘exchange of contracts’ available
- Located in the centre of Petersfield
- Secure purpose-built development
- Fully updated in 2023
- Light and airy
- Lift, gardens & lounge
- Over 60s only
- Strong investment potential
- 86 years remaining on lease
1 bed apartment to buy in GU32
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £60,000. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
Situated in the heart of Petersfield, this well-presented first-floor retirement apartment offers a fantastic combination of modern comfort, convenience, and community living. With the mainline railway station, shops, and town centre facilities all within easy reach, the location really does speak for itself.
The apartment was fully updated in 2023 with a new fitted kitchen and shower room, meaning it is completely move-in ready and requires no immediate expenditure - an attractive proposition whether you're buying to live in or to let.
Light and airy throughout, the accommodation is well-proportioned and benefits from a warm, homely feel. The wider development offers lift access, beautifully maintained communal gardens, and a residents' lounge - everything needed for a relaxed, low-maintenance lifestyle.
For investors, age-restricted retirement properties in well-connected locations offer strong, consistent demand with a growing tenant pool. With costs clearly defined and the property already updated to a high standard, this represents a transparent and compelling addition to any portfolio. Available to those aged 60 and over.
East Hampshire District Council | Council Tax Band B
Leasehold - 125-year lease, 86 years remaining
Service Charge: £2,900 per annum (2025)
Mains electricity, water and drainage
Length of Lease: 86
Annual Service Charge Amount: £2,900.00
Summary
- Property Type: Apartment
- Bedrooms: 1
- Receptions: 1
- Tenure: Leasehold
- Heating: Electric
- Parking: Residents
Floor Plan 1
This property is being sold subject to conditional reservation fee auction terms and conditions.
Timescales
There are 28 days to exchange contracts and a further 28 days to complete the purchase.
56 days in total.
Legal Pack
A legal pack has not been provided on this lot.
Deposit
There is no deposit to pay on this property.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk
There is no legal pack for this property.
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