Initial price	£198,500
16/08/25	£198,000
Price Change	-0.25%

This property is a spacious, modernized terraced house with separate bedrooms, upstairs bathroom, and a rare benefit of off-road parking. It 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 individuals aged 60 or over to secure a property with a lifetime lease and a share of the property value. The cost to purchase the lifetime lease is typically less than the full market value, with savings ranging from 20% to 50%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property is being sold at a market value of £300,000, but with the Home for Life plan, individuals aged 60 or over can purchase the property for £198,000, based on an average saving of 33%.