Initial price	£187,500
19/10/25	£181,000
Price Change	-3.47%

Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. For this particular property, the Lifetime Lease price is £181,000, representing a 33% saving on the market value of £270,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future. The property itself is a beautifully arranged apartment with an open-plan kitchen and living area, two double bedrooms with en-suite shower rooms, and additional storage space. It's situated close to Southend city centre and transport links, making it an excellent choice for first-time buyers, downsizers, or buy-to-let investors.