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2 bedroom apartment for sale
Raddenstile Lane, Exmouth, Devon
£184,250
Raddenstile Lane, Exmouth, Devon
£184,250
Price History
Initial price | £201,000 |
04/02/25 | £194,250 |
06/07/25 | £187,500 |
16/08/25 | £184,250 |
Price Change | -8.33% |
Description
This property is being offered through the Home for Life Plan from Homewise, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase 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 £184,250, based on an average saving of 33%, compared to the market value of £275,000. 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.