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 as a Lifetime Lease opportunity through Homewise's Home for Life Plan, specifically designed for those aged 60 or over. The plan allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future, with the option to save between 20% to 50% on the full market value. The lifetime lease price for this property is £115,500, based on an average saving of 33%, compared to the market value of £175,000. The property itself is a first-floor apartment in a central Southsea location, with a balcony, kitchen, two bedrooms, and communal gardens. The property is being sold chain-free and is a great opportunity for first-time buyers or investors.