Initial price	£195,000
17/04/25	£182,000
Price Change	-6.67%

This property is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan offered by Homewise that allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is a modern home with a driveway, single garage, large front garden, and open-plan ground floor with a well-fitted kitchen. The asking price for the Lifetime Lease is £182,000, which is less than the full market value of £275,000, with the exact price depending on the individual's age, personal circumstances, and requirements. This plan allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future, and can result in savings of up to 50% compared to buying the property at the full market value.