Initial price	£134,000
10/04/25	£124,000
Price Change	-7.46%

This property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, 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 plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost to purchase the Lifetime Lease always being less than the full market value. The property itself is a charming, one-bedroom cottage with a private entrance, sunlit courtyard, and modern shower room, located near the town centre and seafront in Exmouth. It has a warm and inviting living room with a log burner, a bright and spacious kitchen/diner, and a generously sized double bedroom. The property is being sold with a leasehold tenure and has 93 years remaining on the lease. The annual maintenance costs are £977, not including building insurance, and the ground rent is £350 per year.