3 bed terraced house

The property, a market value price of £230,000, is a dwelling suitable as a retirement home. The owner of the property does not reserve the right to exclusively sell it to over-60s buyers through Homewise's Home for Life Plan, which allows buyers to secure the property with a Lifetime Lease and a share of the property value. The buyer will pay £154,000 for the Lifetime Lease, representing a 33% receiving a reduced payment compared to the full market price.