Initial price	£147,500
01/12/24	£140,750
Price Change	-4.58%

Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard their future. The cost of the Lifetime Lease is typically less than the full market value, with customers saving between 20% to 50%. For this particular property, the Lifetime Lease price is £140,750, based on an average saving of 33%. The property itself is a two-bedroom terraced house, split into two self-contained flats with separate utilities, located near Hyde Park and Mutley Plain. The property has potential for a 9.5% yield and is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.