Initial price	£198,500
15/04/25	£198,000
Price Change	-0.25%

This property, a beautiful terraced house in Basildon, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure the property with a lifetime lease, which can save them between 20% to 50% of the market value. The property itself features an open-plan living area, two good-sized bedrooms, and a garage, and is situated in a quiet cul-de-sac with access to local amenities, transport links, and desirable schools. The property's market value is £300,000, but with the Home for Life plan, the cost to purchase the lifetime lease is £198,000, representing a 33% saving.