Initial price	£49,500
13/05/25	£49,000
07/09/25	£42,500
Price Change	-14.14%

This property is a second-floor retirement flat located near the seafront and town center in Bognor Regis. It offers a spacious lounge/diner, comfortable double bedroom, kitchen, and bathroom, with secure entry, a lift, and communal facilities. For those aged 60 or over, Homewise offers a Home for Life Plan, which allows customers to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is typically less than the full market value, with customers saving between 20% to 50%. For this property, the Lifetime Lease price is £42,500, based on an average saving of 30%, which is significantly lower than the market value of £60,000.