Initial price	£211,500
21/04/25	£211,000
Price Change	-0.24%

This one-bedroom flat is located in South Ilford, close to South Park, and is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost of the Lifetime Lease typically being less than the full market value. For this property, the Lifetime Lease price is £211,000, which is 33% less than the market value of £320,000. The property has been well-maintained and features its own parking space, private garden, and is within walking distance to Ilford Town Centre and Exchange Shopping Centre. It would appeal to a first-time buyer and has a long lease.