Initial price	£396,500
28/05/25	£396,000
Price Change	-0.13%

This attractive townhouse in Old Portsmouth's Spice Island is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property, which is available to those aged 60 or over, can be secured with a Lifetime Lease and a share of the property value through the Home for Life Plan. The cost of the Lifetime Lease is typically less than the full market value, with customers saving between 20% to 50%. The property itself features three floors of versatile accommodation, including a family room, kitchen/diner, lounge, and three bedrooms, as well as a bathroom and shower room. The rear garden provides additional outdoor space. The property is being sold with a guide price of £396,000, which is based on an average saving of 33% off the market value of £600,000.