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2 bedroom apartment for sale
Douglas Avenue, Exmouth, Devon
£268,000
Douglas Avenue, Exmouth, Devon
£268,000
Price History
Initial price | £301,500 |
24/05/25 | £284,750 |
31/08/25 | £268,000 |
Price Change | -11.11% |
Description
Through Homewise's Home for Life Plan, 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 customers typically saving between 20% to 50%. The plan allows homeowners to purchase up to 50% of the property value to safeguard for the future. For this specific property, the Lifetime Lease price is £268,000, based on an average saving of 33%, compared to the market value of £400,000. The price paid will vary depending on age, personal circumstances, and requirements. The plan is designed to provide peace of mind and financial security for homeowners in this age group.