3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Elburton Road, Plymouth, Devon, PL9
£234,500

Price History

Initial price £251,250
21/08/25 £234,500
Price Change -6.67%

Description

Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard 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 £234,500, based on an average saving of 33%, compared to the market value of £350,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and customers can use Homewise's calculator to get an indication of their potential savings. Homewise does not own the property and it is not exclusively for sale to over-60s, but it is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease.