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

This lovely ground floor flat in Cheam is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, specifically designed for those aged 60 or over. The plan allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost 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 quiet location, direct access to communal gardens, and an allocated parking space, making it perfect for a first-time buyer or investor.