Summary - 125 LOWER FLAT CHICHESTER ROAD NORTH END PORTSMOUTH PO2 0AQ
1 bed 1 bath Ground Flat
Move-in ready retirement living with a private garden and low upkeep.
- Newly refurbished one-bedroom ground-floor flat, ready to move into
- Private rear garden unusual for a flat
- Double glazing and gas central heating installed
- Leasehold with 62 years remaining — mortgage risk for some buyers
- Ground rent £100 per year
- Cash buyers only; lenders may refuse mortgages
- Example Homewise Lifetime Lease price £86,250 (age-dependent)
- Located in a deprived area; local amenities close by
This ground-floor one-bedroom flat has been newly refurbished and offers move-in ready living with a private rear garden — a rare outdoor space for a flat. The modern kitchen, double glazing and gas central heating deliver comfort and low immediate maintenance for those seeking a straightforward retirement base or a buy-to-let with minimal initial work.
The property is being promoted with a Home for Life Lifetime Lease example for buyers aged 60+: a guide price of £86,250 (market value £130,000) illustrates typical savings of around 33%. The scheme lets qualifying purchasers buy a share of the property (up to 50%) to protect future value; exact price depends on age and circumstances and should be confirmed via a personalised quote or the Homewise calculator.
Important practical points: this is leasehold with 62 years remaining, a ground rent of £100, and is listed for cash buyers only. Short lease length may prevent mainstream mortgage lending, so purchasers should verify financing options and legal implications with their solicitor before committing.
Situated in a busy urban area with good broadband and mobile signal, the flat suits over-60s seeking a low-maintenance home close to local amenities or investors targeting a centrally located rental. Council tax is very cheap, but the location is in a more deprived area, which should be considered alongside the property’s strong refurb standard and private garden.
1 bedroom ground floor flat for sale in Chichester Road, Portsmouth, Hampshire, PO2 — £130,000 • 1 bed • 1 bath • 560 ft²
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2 bedroom ground floor flat for sale in Waverley Road, Southsea, Hampshire, PO5 — £109,500 • 2 bed • 1 bath • 408 ft²
2 bedroom ground floor flat for sale in Shearer Close, Havant, Hampshire, PO9 — £132,500 • 2 bed • 2 bath • 549 ft²
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