Initial price	£100,500
05/03/25	£93,750
24/05/25	£87,000
Price Change	-13.43%

This property is a charming one-bedroom apartment located in the heart of St Thomas, with off-street parking and ideal for first-time buyers or investors. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, which allows those aged 60 or over to purchase a share of the property value to safeguard for the future. The plan is offered in partnership with HomeWise, and the cost to purchase the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. The price of the Lifetime Lease for this property is £87,000, based on an average saving of 33%, which is significantly lower than the full market value of £130,000.