Initial price	£79,750
16/10/25	£73,000
Price Change	-8.46%

This property, a modern studio apartment on the third floor of a sought-after location in Gunwharf Quays, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. This plan allows individuals aged 60 or over to secure a property with a lifetime lease, with the option to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is typically less than the full market value, with potential savings ranging from 20% to 50%. For this property, the lifetime lease price is £73,000, compared to the market value of £110,000. The property benefits from lift access, a long lease, and excellent transport links, as well as being close to Portsmouth Harbour and local amenities.