Initial price	£109,500
19/07/25	£83,000
Price Change	-24.20%

This property, a ground floor flat in Peacehaven, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. For those aged 60 or over, the plan allows them to secure the property with a lifetime lease and a share of the property value, with the option to purchase up to 50% of the property. The cost of the lifetime lease is always less than the full market value, with an average saving of 33% for those aged 60 or over. The property itself has a market value of £125,000, but the lifetime lease price is £83,000. The property features a lounge, kitchen, bedroom, and bathroom, as well as communal gardens. It is being marketed as a great opportunity for first-time buyers and investors, and is situated close to local schools, bus routes, and shops, with lovely walks and the beach nearby.