Home for Life, a program offered by Homewise, allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, safeguarding their future. The cost of the Lifetime Lease is typically less than the full market value, with a saving of between 20% to 50%. For this particular property, the Lifetime Lease price is £109,500, based on an average saving of 33%. The property itself is a ground floor flat with two bedrooms, a lounge, kitchen, and bathroom, located near the sea front and nature reserve. It is being marketed by Cubitt & West and is available for cash buyers only.