Initial price	£152,500
05/11/24	£152,000
13/11/24	£145,000
Price Change	-4.92%

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. The plan allows individuals aged 60 or over to secure the property with a lifetime lease, with the option to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is £145,000, which is less than the full market value of £220,000, resulting in a potential saving of 33%. The property itself is a generous-sized flat with a homely feel, well-presented and located near Laindon mainline station and local schools. It also features allocated parking and visitors parking, making it an ideal first-time buy or investment opportunity.