Initial price	£264,500
15/04/25	£248,000
Price Change	-6.24%

This detached bungalow in Felpham village is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property features a private estate, conservatory, and peaceful rear garden, as well as ample parking and a garage. The Lifetime Lease is available to those aged 60 or over through the Home For Life Plan, which allows customers to purchase 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 typically saving between 20% to 50% of the market value. The market value of the property is £375,000, and the Lifetime Lease price for someone aged 60 or over would be £248,000, based on an average saving of 33%.