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1 bedroom apartment for sale
George Place, Plymouth, Devon, PL1
£65,250
George Place, Plymouth, Devon, PL1
£65,250
Price History
Initial price | £80,500 |
03/07/24 | £73,750 |
31/08/24 | £70,250 |
24/05/25 | £73,750 |
07/06/25 | £67,000 |
23/07/25 | £65,250 |
Price Change | -18.94% |
Description
Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property's value to secure 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 £65,250, representing a 33% saving on the market value of £97,500. The plan allows customers to purchase up to 50% of the property's value to safeguard for the future, and Homewise provides a calculator on their website to estimate potential savings. The property is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease, and interested individuals can contact Homewise for more information or a personalized quote.