3 bedroom apartment for sale

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3 bedroom apartment for sale

Newton St. Cyres, Exeter, Devon
£134,000

Price History

Initial price £150,750
28/08/24 £147,500
19/12/24 £134,000
Price Change -11.11%

Description

Through the Home for Life Plan from Homewise, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard 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 £134,000, based on an average saving of 33%, compared to the market value of £200,000. 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. The property itself is a fantastic three-bedroom apartment with 1103 sq ft, located in a popular village setting with beautiful communal gardens, allocated parking, and a garage.