Initial price	£152,500
09/10/24	£142,500
14/11/24	£125,500
21/11/24	£115,500
26/11/24	£116,000
Price Change	-23.93%

This property is a first-floor converted flat located near Barking Underground Station, offering direct access to the city or Lakeside Shopping Centre. The property is being sold through a Home for Life Plan, which allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is £116,000, which is less than the full market value of £175,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future. The property itself has a lounge/dining area, kitchen, bedroom, and bathroom, as well as a front garden. The auctioneer notes that the property is being sold through the Modern Method of Auction, and that by viewing, offering, or bidding on the property, the buyer's information will be shared with the auctioneer.