Initial price	£175,500
05/08/25	£175,000
06/08/25	£161,500
Price Change	-7.98%

This property is a first-floor flat located in the Redbridge Borough, close to Chadwell Heath Station and with good bus and road links to Ilford and Romford. The flat has an allocated parking space and is near shops, cafes, and places of worship. For those aged 60 or over, Homewise offers a Home for Life Plan, which allows them to purchase a Lifetime Lease and a share of the property value, saving between 20% to 50% of the market value. The cost of the Lifetime Lease for this property is £161,500, based on an average saving of 33%. The market value of the property is £245,000, and customers can purchase a share of the property value up to 50% to safeguard for the future.