Initial price	£197,750
05/11/24	£187,500
Price Change	-5.18%

This property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, which allows those aged 60 or over to secure a lifetime lease and a share of the property's value. The plan allows customers to purchase a share of the property's value (up to 50%) to safeguard for the future, and the cost to purchase the lifetime lease is always less than the full market value. For this property, the lifetime lease price is £187,500, which is based on an average saving of 33%. The property itself is a character end-terrace home located in the heart of Old Town, with two bedrooms, a bathroom, and a large rear garden. It has been improved by the current owner and features period character, exposed floorboards, and a modern kitchen. The property is sold free of chain and has vacant possession, making it an ideal opportunity for those looking to buy a home using the Home for Life Plan.