Initial price	£225,000
18/11/24	£224,500
Price Change	-0.22%

This property, a lovely mid-terrace family home in the village of Southwater, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure the property with a lifetime lease and a share of the property value, with the cost to purchase the lifetime lease always being less than the full market value. For this property, the guide price for the lifetime lease is £224,500, which is 33% less than the market value of £340,000. The property itself features two bedrooms, an open-plan kitchen/living area, and a rear garden, as well as an allocated parking space and visitor parking.