This property, a recently redecorated terraced house on the outskirts of Newport, 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, which can be purchased for a lower price than the full market value. For this property, the lifetime lease price would be £106,000, representing a saving of 33% on the market value of £160,000. The property features a lounge, kitchen, bedroom, and bathroom, as well as an enclosed garden and off-road parking. With the Home for Life plan, homeowners can safeguard a share of the property value for the future, with the option to purchase up to 50% of the property.