5 bedroom detached house for sale

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5 bedroom detached house for sale

Ringmore Way, Plymouth, Devon, PL5
£251,250

Price History

Initial price £268,000
17/09/25 £251,250
Price Change -6.25%

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 £251,250, based on an average saving of 33%, which is £123,750 less than the market value of £375,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. For an indication of what you could save, you can use Homewise's calculator on their website, or call them for a personalized quote.