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2 bedroom detached bungalow for sale
Old Rectory Gardens, Morchard Bishop, Crediton, Devon
£197,750
Old Rectory Gardens, Morchard Bishop, Crediton, Devon
£197,750
Price History
Initial price | £217,750 |
28/09/24 | £211,000 |
25/10/24 | £201,000 |
18/11/24 | £197,750 |
Price Change | -9.18% |
Description
This property, a bungalow in a quiet cul-de-sac in a popular village, is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease. For those aged 60 or over, the Home for Life Plan allows them to purchase a share of the property value, up to 50%, to safeguard for the future. The cost of the Lifetime Lease is less than the full market value, with typical savings ranging from 20% to 50%. The property itself features a large conservatory, three bedrooms, and a remodelled bathroom. The outside space includes a driveway, front and rear gardens, and a garage. The property is freehold, with mains electricity, water, and drainage, and is situated in a low-risk flood area.