3 bed bungalow

The property is valued at £360,000 at market value. The Home for Life Plan allows individuals aged 60 or over to purchase a share of the property value, with the price of the Lifetime Lease calculated based on the customer's age, circumstances, and requirements. For an example customer, the Lifetime Lease price is £241,250, representing a saving of 33% from the market value price. However, the actual property characteristics, such as the number of bedrooms or square footage, are not provided. The property is described as suitable as a retirement home.