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2 bedroom terraced house for sale
Morwellham Close, Plymouth, Devon, PL5
£140,750
Morwellham Close, Plymouth, Devon, PL5
£140,750
Price History
Initial price | £147,500 |
20/08/25 | £140,750 |
Price Change | -4.58% |
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 customers typically saving between 20% to 50%. For this specific property, the Lifetime Lease price is £140,750, representing a 33% saving on the market value of £210,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. Homewise does not own the property, but is marketing it as an example of a property that can be purchased using a Home For Life Lifetime Lease.