Initial price	£248,000
29/07/25	£247,500
06/08/25	£237,000
19/08/25	£237,500
Price Change	-4.23%

This detached bungalow in Salvington is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 and over. The property has the potential to be extended, subject to planning consents, and features light and spacious rooms, a sunny conservatory, and a garden with ample parking. The Home For Life Plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices varying depending on age, personal circumstances, and requirements. For example, the Lifetime Lease price for this property is £237,500, representing a 33% saving on the market value of £359,000. The plan is designed to provide a secure and affordable way for older buyers to purchase a home, and Homewise, the company offering the plan, does not own the property and is not exclusively marketing it to the over-60s.