2 bedroom ground floor flat for sale

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2 bedroom ground floor flat for sale

Waverley Road, Southsea, Hampshire
£119,500

Our Summary

  • PROPERTY DESCRIPTIONA spacious Ground Floor Apartment with private rear garden offering generous living space and scope to improve

Description

This property is a spacious ground-floor apartment with a private rear garden, located near local shops, amenities, and Southsea seafront. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically 20-50% lower than the full market value. The Lifetime Lease price for this property is £119,500, based on an average saving of 33%, compared to the market value of £180,000. The property offers generous living space and scope to improve, making it an ideal purchase for buyers, downsizers, or investors alike.