Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value, safeguarding their future. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £114,000, based on an average saving of 33%. The property itself is a three-bedroom end-of-terrance house that needs modernization, situated in an elevated position with distant sea views. The front garden features a lawn and decked seating area, while the rear has a courtyard garden. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease.