Initial price	£208,500
03/09/24	£198,000
Price Change	-5.04%

This property, a substantial end of terrace house, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The plan allows individuals aged 60 or over to secure the property with a lifetime lease, paying a reduced price compared to the full market value. The property itself features a diverse layout with scope to annex off the ground floor level, perfect for an elderly relative. It also benefits from a garage conversion, ideal for a study or bedroom. The property has five bedrooms, two shower rooms, a dining area, kitchen, lounge, and driveway, as well as a rear garden. The price to purchase the lifetime lease is £198,000, based on an average saving of 33%, which is less than the full market value of £300,000.