Initial price	£132,500
28/12/24	£132,000
Price Change	-0.38%

This property is a ground-floor retirement apartment located in Leatherhead, close to the town center and train station. It's a well-presented property with a balcony overlooking the communal gardens and guest suites available for visitors. 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 secure the property with a lifetime lease and a share of the property value. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost to purchase the lifetime lease typically being less than the full market value. For this property, the lifetime lease price would be £132,000, based on an average saving of 33%, which is significantly lower than the market value of £200,000.