Talbot Road, Southsea PO4 3 bed terraced house for sale

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Talbot Road, Southsea PO4 3 bed terraced house for sale

Talbot Road, Southsea PO4
£145,500

Our Summary

  • This terraced house has good sized rooms and plenty of opportunity for renovation and modernisation
  • In need of modernisation

Description

This property, a terraced house in Southsea, 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, typically saving between 20% to 50% of the full market value. The property itself has good-sized rooms and plenty of potential for renovation and modernization, with a garden and resident permit parking. The asking price for the Lifetime Lease is £145,500, based on an average saving of 33%, which is less than the full market value of £220,000. The property is being sold chain-free and is marketed by Cubitt & West, with Homewise offering a Home for Life Plan as an alternative to traditional ownership.