Initial price	£160,750
21/06/24	£154,000
01/11/24	£147,500
Price Change	-8.24%

This property is a first-floor apartment in the center of Rochford, offering contemporary living in an excellent location. The property features a private entrance, a thoughtfully designed kitchen/breakfast room, a separate lounge, a master bedroom with an ensuite bathroom, and an additional fitted bathroom. With a guide price of £220,000-£230,000, this property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. This plan allows those aged 60 or over to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost to purchase the Lifetime Lease typically being less than the full market value. For example, for this property, the Lifetime Lease price would be £147,500, based on an average saving of 33%.