Summary - Waverley Road, Southsea, Hampshire PO5 2PP
2 bed 1 bath Ground Flat
Lifetime Lease option for over-60s, private garden and seafront close by.
Private rear garden, rare for ground-floor flat
A compact two-bedroom ground-floor apartment in central Southsea, offered with a Home for Life Lifetime Lease option for buyers aged 60+. The property sits opposite Waverley Gardens, benefits from generous natural light, high ceilings and double-glazed sash windows, and includes a private rear garden — rare for a ground-floor flat in this area. The listed Lifetime Lease guide price is £109,500 (market value £165,000); actual price and any purchased share (up to 50%) depend on age and circumstances.
The flat is modest in size (approximately 408 sq ft) and will suit someone seeking low-stairs living close to shops, transport and the seafront. Heating is gas boiler with radiators and recent double glazing is already installed, reducing immediate major works. There is scope to update finishes and make efficiency or aesthetic improvements to increase comfort and potential resale value.
Practical points to note: the property is leasehold with around 87 years remaining, an annual service charge of about £800 and ground rent around £100. Local area indicators show higher crime and deprivation levels, so buyers should factor neighbourhood considerations into viewings. Council tax is very low and broadband/mobile signals are strong, supporting everyday connectivity.
Overall this is a straightforward, well-located retirement option for an over-60 buyer wanting manageable accommodation, outdoor space and cost savings via the Lifetime Lease plan. It will appeal to purchasers prioritising location, low-maintenance living and future security over space or a turnkey finish.
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