Initial price	£207,750
20/06/25	£201,000
05/08/25	£187,500
Price Change	-9.75%

This property, a spacious four-bedroom terraced home in Shoeburyness, is being marketed as an example of a property that can be purchased using Homewise's Home for Life Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future, with the cost to purchase the Lifetime Lease always being less than the full market value. For this property, the Lifetime Lease price would be £187,500, representing a saving of 33% compared to the market value of £280,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future, and the price paid will vary depending on the individual's age, personal circumstances, and requirements.