Initial price	£192,000
01/04/25	£185,500
26/04/25	£185,000
Price Change	-3.65%

This property, a lovely terraced home in central Southsea, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, paying a price that is often significantly lower than the full market value. For this property, the lifetime lease price would be £185,000, representing a saving of 33% compared to the market value of £280,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself has spacious rooms, owned solar panels, and is offered chain-free, making it an excellent opportunity for both first-time buyers and investors alike.