Summary - 113 Outram Road, Southsea, Hampshire PO5 1QS
1 bed 1 bath Apartment
Lifetime Lease for over-60s, affordable entry and sunny outdoor space.
Chain free with private sunny aspect garden
Available via Homewise Lifetime Lease for over-60s
Guide Lifetime Lease price £132,500 (market £200,000)
Long lease: 125 years remaining
Garage parking included; average-sized accommodation (623 sq ft)
Service charge £480 per year; council tax very low
Area: deprived with above-average crime levels
Cavity walls assumed uninsulated; may need thermal improvements
A bright one-bedroom apartment in central Southsea, offered chain free and with its own private, sunny outdoor space. The layout (approximately 623 sq ft) suits downsizers seeking ground-floor access and easy proximity to shops, cafes and transport.
This property is available through a Home for Life Lifetime Lease for purchasers aged 60+, with a guide Lifetime Lease price of £132,500 (market value £200,000). The scheme lets buyers purchase up to a 50% share to reduce upfront cost; actual price depends on age and circumstances. If you’re not eligible for the Lifetime Lease, the full market price applies.
Practical positives include a long lease (125 years remaining), garage parking, modern double glazing installed since 2002, mains gas heating with a boiler and radiators, fast broadband and excellent mobile signal. Service charges are modest (£480) and council tax is very low.
Notable drawbacks are the property’s location in a more deprived area with above-average crime statistics, and the building’s cavity walls appear to lack insulation (likely needing improvement). The apartment was built mid-20th century and, while habitable, would benefit from some updating to maximise comfort and long-term value.
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