Initial price	£281,000
24/11/24	£280,500
Price Change	-0.18%

This property, a one-bedroom Warner flat on the first floor, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property, located off Lea Bridge Road, is in need of updating and is likely to be suitable for first-time buyers or buy-to-let investors. The Home For Life Plan 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. For example, for this property, the Lifetime Lease price would be £280,500, based on an average saving of 33%, compared to the market value of £425,000. This plan allows customers to safeguard for the future by purchasing a share of the property value, up to 50%.