Summary - Waverley Road, Southsea, Hampshire PO5 2PP
2 bed 1 bath Ground Flat
Two-bedroom ground-floor retirement flat with private garden and Homewise Lifetime Lease option in central Southsea.
- Two bedrooms and bright living space with high ceilings and sash windows
- Private, secure rear garden with shed and decking
- Homewise Home for Life example price £119,000 (guide), market £180,000
- Lifetime Lease option for buyers aged 60+; up to 50% equity safeguard
- Leasehold c.87 years remaining; service charge £800 and ground rent £100
- Small overall size (~408 sq ft); best for downsizers or retirees
- Area has higher crime statistics and local deprivation — check locality
- Double glazing and mains gas boiler; potential to update and add value
A bright two-bedroom ground-floor flat in central Southsea, set within a Victorian terrace and overlooking Waverley Gardens. The apartment (approximately 408 sq ft) offers high ceilings, period sash windows, and a secure private rear garden with shed and decking — practical outdoor space for a ground-floor home.
This property is being offered with a Homewise Home for Life Lifetime Lease example price of £119,000 (guide based on an average saving of 33%); the full market price is £180,000. The Lifetime Lease option is only available to buyers aged 60+, and allows purchase of up to 50% of the property value to safeguard equity. Exact price depends on age and circumstances and should be checked using Homewise tools or a personalised quote.
Practical details: leasehold with c.87 years remaining, mains gas central heating, double glazing, below-average service charge (£800) and low ground rent (£100). The flat is small in overall size and will suit downsizers or retirees seeking a compact, well-located base near shops, transport links and the seafront. The layout and condition offer scope for modest updating to improve comfort and value.
Considerations: the immediate area records higher crime and has pockets of deprivation, so buyers should factor local safety and amenity issues into their decision. All tenure, service charge and lease details must be independently verified by a solicitor before purchase.
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