Initial price	£231,500
15/04/25	£221,000
Price Change	-4.54%

This property, a basement apartment with its own entrance and private courtyard, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future, typically saving between 20% to 50% of the full market value. The property itself is located on Southsea seafront and features a spacious layout, including an entrance hallway, lounge/dining area, kitchen, study, two bedrooms, bathroom, and separate toilet. The property also comes with residents parking. The price to purchase the Lifetime Lease is £221,000, which is based on an average saving of 33% of the full market value of £335,000.