Initial price	£172,000
04/11/25	£171,500
Price Change	-0.29%

This property, a modern terraced house in Kennington, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. This plan allows individuals aged 60 or over to secure a property with a lifetime lease, which can save them up to 50% of the market value. The property itself is well-placed, with local shops, bus routes, and the Eureka Park Estate nearby. It features newly fitted carpets, allocated parking, and a rear garden. The property's room sizes are as follows: entrance hall, cloakroom, kitchen, lounge, landing, bedroom 1, bathroom, bedroom 2, and allocated parking. The market value of the property is £260,000, but with the Home for Life plan, the cost to purchase the lifetime lease is £171,500, representing a saving of 33%.