Initial price	£203,500
01/11/25	£175,500
15/11/25	£165,000
Price Change	-18.92%

This property is a first-floor retirement apartment located in Gidea Lodge, with a communal parking area and close proximity to local shops and bus routes. The property features two bedrooms, a shower room, kitchen, and lounge/diner. The apartment is being sold via modern auction, with the current guide price for a Lifetime Lease through Homewise's Home for Life Plan being £165,000, which is 30% less than the market value of £235,000. The plan allows homeowners aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, and interested parties can contact Douglas Allen for more information or to view the property.