This property, a terraced town house, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. This lease allows individuals aged 60 or over to secure the property with a lifetime lease, paying a price that is typically 20-50% less than the full market value. The property itself offers spacious accommodation, ample parking, and a generous-sized garden, making it a great family or first home. The price of the lifetime lease is £208,500, which is based on an average saving of 33% compared to the full market value of £315,000. The lease allows the buyer to purchase a share of the property value, up to 50%, to safeguard for the future.