Initial price	£165,500
14/10/25	£152,500
Price Change	-7.85%

This property, a spacious second-floor flat on Springfield Road, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, with the cost being less than the full market value. The price for this property would be £152,500, representing a 33% saving on the market value of £230,000. The property is in good condition, with plenty of storage space and potential for buyers to update and personalize to their taste. It's located near London Road Station and within easy reach of Brighton mainline station, making it ideal for commuters. The property is being sold chain-free and vacant, providing an opportunity for first-time buyers or investors.