Initial price	£208,500
19/12/25	£198,500
28/12/25	£198,000
Price Change	-5.04%

This property, a terraced house in Gillingham, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Lifetime Lease is a plan designed for those aged 60 or over, which allows them to purchase a share of the property value to safeguard for the future. The cost of the Lifetime Lease is less than the full market value, with a typical saving of 20-50%. The property itself has a market value of £300,000, but the Lifetime Lease price for someone aged 60 or over would be £198,000, based on an average saving of 33%. The property has a lot of potential to be altered to suit the buyer's needs and is located in a convenient spot with good access to local amenities and schools.