Initial price	£73,000
28/03/25	£66,000
Price Change	-9.59%

This property, a ground-floor flat in Newport town centre, 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 those aged 60 or over to secure the property with a lifetime lease, paying a percentage of the property's value (up to 50%) to safeguard for the future. The cost of the lifetime lease is typically less than the full market value, with a guide price of £66,000 for this property based on an average saving of 33%. The property itself requires some modernization and is being sold chain-free with vacant possession. It features an entrance hall, shower room, kitchen area, lounge, and bedroom, as well as allocated parking and communal gardens. Viewings are highly recommended.