Initial price	£234,500
18/11/24	£224,500
Price Change	-4.26%

This property, a newly refurbished two-bedroom detached bungalow in Hockley, is being marketed as an example of a property that can be purchased using the Home for Life Plan from Homewise. The plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future, with the cost of the Lifetime Lease typically being less than the full market value. For this property, the Lifetime Lease price would be £224,500, representing a saving of 33% on the market value of £335,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and an online calculator is available to provide an indication of the potential saving. The property itself offers modern living, a private garden, off-street parking, and proximity to excellent schools and local amenities.