Initial price	£147,500
01/06/25	£140,750
Price Change	-4.58%

This property, a 3-storey freehold commercial shop with a 1-bedroom apartment above, is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Home For Life Plan allows those aged 60 or over to purchase 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 Lifetime Lease price is £140,750, representing a saving of 33% compared to the market value of £210,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself has a shop frontage, small additional shop area, kitchen, WC, and mini hall on the ground floor, with a basement and first-floor apartment above.