This property, a three-bedroom detached bungalow in Clacton-on-Sea, 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 a property with a lifetime lease and a share of the property value, potentially saving between 20% to 50% of the market value. The cost of the lifetime lease for this property is £284,750, which is 33% less than the market value of £425,000. The property itself features a spacious lounge, fitted kitchen, three well-proportioned bedrooms, and a family bathroom, as well as a garage, off-road parking, and a manageable garden space. Conveniently located close to the seafront, town centre, and transport links, this property offers plenty of potential for a wide range of buyers.