Initial price	£218,500
01/02/25	£198,500
Price Change	-9.15%

This property, a second-floor apartment, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. This plan allows individuals aged 60 or over to secure a property with a lifetime lease, paying a reduced price compared to the full market value. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself has allocated parking, bright and spacious living areas, and two balconies with amazing views. It is conveniently located close to bus and road links to Barking station. The plan's price for this property is £198,500, which is a 33% saving compared to the market value of £300,000.