Initial price	£182,000
24/06/25	£181,500
Price Change	-0.27%

This property is a chain-free first-floor flat in central Purley, offering a modern kitchen and bathroom, good-sized lounge and bedrooms, and is within walking distance to Purley station, shops, bars, and restaurants, as well as local schools. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, which allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value, typically saving between 20% to 50% of the full market value. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future, and the price paid will vary according to age, personal circumstances, and requirements. The market value price of the property is £275,000, but the Lifetime Lease price for those aged 60 or over is £182,000, based on an average saving of 33%.