Initial price	£129,500
26/10/24	£112,000
Price Change	-13.51%

This property is a two-bedroom retirement apartment on the first floor of a development called Homedell House, which is located in a convenient area with local amenities. The property is being marketed by Homewise, which offers a Home for Life Plan that allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is less than the full market value, with customers typically saving between 6% and 49%. The market value of the property is £160,000, but the price of the Lifetime Lease is £112,000, based on an average saving of 30%. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and customers can use a calculator on the Homewise website to get an indication of what they could save.