Initial price	£142,500
10/07/25	£131,000
26/07/25	£130,500
Price Change	-8.42%

This property, a well-maintained ground-floor flat in the Redbridge Borough, is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease from Homewise. The Lifetime Lease allows individuals aged 60 or over to secure the property with a share of the value, potentially saving between 20% to 50% of the market value. The current guide price for the Lifetime Lease is £130,500, based on an average saving of 33%, which is less than the full market value of £198,000. The property itself is a 2-bedroom flat with a living room, kitchen, bedroom, and bathroom, and is located within walking distance to shops, local amenities, and public transportation links. The property is being sold chain-free and is suitable for first-time buyers or buy-to-let investors.