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 Lifetime Lease plan. This plan allows individuals aged 60 or over to secure a property with a lifetime lease, paying a reduced price compared to the full market value. The property itself has good-sized rooms and potential for renovation, with a garden and resident permit parking. The price to purchase the lifetime lease is £145,500, based on an average saving of 33% off the market value of £220,000. This plan allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future.