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2 bedroom ground floor flat for sale
Queens Gate, Lipson, Plymouth, Devon, PL4
£201,000
Queens Gate, Lipson, Plymouth, Devon, PL4
£201,000
Price History
Initial price | £234,500 |
25/06/25 | £217,750 |
13/07/25 | £201,000 |
Price Change | -14.29% |
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, securing their future and saving between 20% to 50% of the full market value. The cost of the Lifetime Lease is always less than the market value, and the price varies depending on age, personal circumstances, and requirements. For this specific property, the Lifetime Lease price is £201,000, based on an average saving of 33%, while the market value price is £300,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.