Initial price	£83,000
15/04/25	£82,500
30/04/25	£76,000
Price Change	-8.43%

This property, a top-floor flat 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 the property with a lifetime lease, which can save them between 20% to 50% of the market value. The cost of the lifetime lease for this property is £76,000, based on an average saving of 33%. The property itself offers bright rooms throughout, including an entrance hallway, lounge, kitchen, bedroom, and bathroom, and benefits from secure block access and resident permit parking. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and Homewise does not own the property or exclusively market it for the over-60s.