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3 bedroom semi-detached house for sale
Park Drive, Exmouth, Devon
£251,250
Park Drive, Exmouth, Devon
£251,250
Price History
Initial price | £268,000 |
19/06/25 | £251,250 |
Price Change | -6.25% |
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 secure 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 £251,250, which is based on an average saving of 33%. This means that the customer would pay £251,250 instead of the full market value of £375,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.