Initial price	£178,500
08/08/25	£165,500
14/08/25	£165,000
08/09/25	£165,500
Price Change	-7.28%

This property is a lovely ground floor flat located in the sought-after area of Cheam, with direct access to communal gardens and an allocated parking space. The property is being marketed by Homewise, which offers a Home for Life Plan for those aged 60 or over, allowing them to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is typically less than the full market value, with savings ranging from 20% to 50%. The current guide price for the Lifetime Lease is £165,500, which is based on an average saving of 33% of the market value of £250,000. 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, which is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.