Initial price	£93,750
10/11/24	£90,500
Price Change	-3.47%

This property is a modern one-bedroom apartment located in South Shields, near Ocean Road and Marine Park. The apartment features a communal entrance with lift and stair access, and includes an open-plan lounge diner with a Juliet balcony, kitchen, bathroom, and bedroom. The property also has allocated parking for one car. The Home for Life Plan from Homewise allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with a guide price of £90,500 for this property, representing a saving of 33% compared to the market value of £134,950. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property and is marketing it as an example of a property that can be purchased using the Home for Life Lifetime Lease.