Initial price	£175,500
05/08/25	£175,000
06/08/25	£161,500
07/10/25	£162,000
Price Change	-7.69%

This property is a first-floor flat in the Redbridge Borough, close to Chadwell Heath Station and with good bus and road links to Ilford and Romford Town Centres. The flat has an allocated parking space and is near shops, cafes, and places of worship. The Home for Life Plan from Homewise allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is always less than the full market value, with an estimated saving of 33% for those aged 60 or over. The market value of the property is £245,000, but the Lifetime Lease price is £162,000.