Initial price	£63,500
24/05/25	£56,500
Price Change	-11.02%

This property, a third-floor retirement flat with sea views, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, with the cost to purchase the lease typically being 20-50% less than the full market value. For this property, the Lifetime Lease price is £56,500, based on an average saving of 33%. The property has a market value of £80,000 and is being sold with no onward chain. It is situated in Homefleet House, a welcoming atmosphere with regular events, and has a spacious layout with a shower room, bedroom, lounge/diner, and kitchen.