Initial price	£83,750
21/07/25	£77,000
Price Change	-8.06%

This three-bedroom mid-terrace home is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost of the Lifetime Lease being less than the full market value. For this property, the Lifetime Lease price is £77,000, which is 33% less than the market value of £115,000. The property itself is a vacant possession home that requires modernization and is located on the border of South Shields, with easy access to the A19 and local amenities. It features an entrance hallway, ground-floor W.C., lounge, kitchen, three bedrooms, and a family bathroom, with low-maintenance gardens to the front and rear and a garage providing parking.