Initial price	£172,000
30/07/25	£171,500
05/08/25	£165,000
Price Change	-4.07%

This property, a third-floor apartment with a balcony and communal gardens, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan is specifically designed for those aged 60 or over, allowing them to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the Lifetime Lease is typically less than the full market value, with a guide price of £165,000 for this property, which is 33% less than the market value of £250,000. The property is located directly opposite Purley station, making it ideal for commuters, and is close to shops, bars, and restaurants in Purley.