Initial price	£198,500
17/06/25	£192,000
Price Change	-3.27%

This property, a smart terraced house in a quiet close with allocated parking, 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 secure the property with a lifetime lease, purchasing a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is typically less than the full market value, with potential savings of 20-50%. The property itself has a market value of £290,000, but the lifetime lease price for someone aged 60 or over would be £192,000, based on an average saving of 33%. The property features three bedrooms, a bathroom, kitchen, lounge, and conservatory, with front and rear gardens and allocated parking.