Initial price	£413,000
24/10/24	£396,500
27/10/24	£396,000
Price Change	-4.12%

This detached house is being marketed by Homewise, which offers a Home for Life Plan that allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value. The property itself is a spacious family home located near Southwater country park and local schools, with five bedrooms, three bathrooms, and additional reception areas and a dining room. The Home for Life Plan allows buyers to purchase a share of the property value (up to 50%) to safeguard for the future, with the option to save between 20% to 50% of the full market value. The Lifetime Lease price for this property is £396,000, based on an average saving of 33%, which is significantly lower than the market value of £600,000.