Initial price	£215,000
08/11/24	£214,500
Price Change	-0.23%

This property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan that allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is a semi-detached house with uninterrupted sea views, located within walking distance to the town center and with off-road parking. The property has a total of five bedrooms, including an en-suite shower room, and also features a lounge, kitchen, utility area, and bathroom. The price to purchase the Lifetime Lease is £214,500, which is 33% less than the full market value of £325,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and customers can use a calculator on the Homewise website to get an indication of what they could save.