Initial price	£178,500
08/08/25	£165,500
14/08/25	£165,000
05/09/25	£165,500
Price Change	-7.28%

This property, a lovely ground floor flat in the sought-after area of Cheam, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows those aged 60 or over to secure a Lifetime Lease and a share of the property value, with the cost to purchase the Lifetime Lease always being less than the full market value. For this property, the Lifetime Lease price is £165,500, representing a 33% saving on the market value of £250,000. The property itself features a spacious entrance hall, lounge, kitchen, bedroom, and shower room, as well as an allocated parking space and direct access to communal gardens.