Initial price	£167,500
05/11/24	£160,750
Price Change	-4.03%

This property, a modern two-bedroom apartment, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to secure the property with a Lifetime Lease and a share of the property value, saving up to 50% of the market value. The Lifetime Lease price for this property is £160,750, which is 33% less than the market value of £240,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements. The property itself features an open-plan living and dining area, fitted kitchen, 3-piece en-suite bathroom, and allocated parking, with the added benefit of an integrated sound system, video entry access system, and balcony.