Initial price	£281,000
17/02/25	£280,500
Price Change	-0.18%

This detached bungalow 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 individuals aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is chain-free and offers plenty of off-road parking, a garage, and a large garden. While it requires some cosmetic updating, the bungalow has a spacious layout with the option to adapt the space to create a third bedroom. The asking price for the Lifetime Lease is £280,500, which is a saving of 33% on the market value of £425,000. This plan allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future.