Initial price	£248,000
04/11/25	£247,500
Price Change	-0.20%

This detached bungalow is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows buyers to secure the property with a lifetime lease and a share of the property value, potentially saving up to 50% of the market value. The property itself features a large rear garden, garage, and driveway for additional parking, as well as three bedrooms, a lounge, kitchen, and shower room. The market value of the property is £375,000, but the cost of the lifetime lease would be £247,500, based on an average saving of 33%. The plan allows buyers to purchase up to 50% of the property value to safeguard for the future, and the cost will vary depending on age, personal circumstances, and requirements.