Initial price	£231,500
14/08/24	£231,000
Price Change	-0.22%

This property is a terraced house in a quiet cul-de-sac, within walking distance of primary schools, and is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property has undergone upgrades including a new kitchen, bathroom, and boiler, and has neutral decor. The walled rear garden is a great size and receives sun in the afternoon. The property is also close to Walmer seafront and has a major bus route nearby. The Home For Life Plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost being less than the full market value, typically saving between 20% to 50%. The price of the Lifetime Lease for this property is £231,000, based on an average saving of 33%.