1 bedroom apartment for sale

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1 bedroom apartment for sale

Elm Grove, Southsea, Hampshire
£115,500

Price History

Initial price £116,000
05/05/25 £115,500
Price Change -0.43%

Description

This property is being offered for sale through a unique lifetime lease program from Homewise, which allows individuals aged 60 or over to purchase a share of the property's value and secure their future. The program, known as the Home for Life Plan, allows customers to purchase a lifetime lease and a share of the property's value, with the option to buy up to 50% of the property. The cost of the lifetime lease is typically lower than the full market value, with an estimated saving of 20-50% for over 60s. The property itself is a first-floor apartment in a central location in Southsea, with plenty of space and natural light. It is being marketed as a great opportunity for first-time buyers or investors, and can be purchased through Homewise or at the full market value of £175,000 through Cubitt & West.