3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Larch Road, Exeter, Devon, EX2
£201,000

Price History

Initial price £234,500
15/11/25 £201,000
Price Change -14.29%

Description

The Home for Life Plan from Homewise allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property's value, safeguarding 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 £201,000, based on an average saving of 33%, compared to the market value of £300,000. The plan allows customers to purchase up to 50% of the property's value to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements. Homewise does not own the property, and it is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease.