Initial price	£251,250
18/07/24	£234,500
Price Change	-6.67%

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This charming three-bedroom, character cottage is located in a peaceful setting in Looe, Cornwall, and is currently being marketed as an example of a property that can be purchased using Homewise's Home for Life Plan. The plan allows those aged 60 or over to secure a Lifetime Lease and a share of the property value, with the cost of the Lifetime Lease being less than the full market value. The market value of the property is £350,000, but with the Home for Life Plan, the price for those aged 60 or over would be £234,500, representing a saving of 33%. The property is a well-established holiday let with a four-star accreditation from Visit England and is situated in a sought-after area close to two beaches and Looe town.