Initial price	£215,000
08/01/25	£214,500
Price Change	-0.23%

This detached 1920s bungalow, located in a desirable area with cliff top walks and local shops nearby, is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is in need of updating and offers a unique opportunity for someone to put their own stamp on it. The Home For Life Plan, offered by Homewise, allows individuals 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. The price of the Lifetime Lease for this property is £214,500, which is a 33% saving on the market value of £325,000. This plan allows customers to safeguard a share of the property value, up to 50%, for the future.