1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Elim Terrace, Plymouth, Devon, PL3
£60,250

Price History

Initial price £65,250
05/10/25 £60,250
Price Change -7.66%

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, safeguarding 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 £60,250, based on an average saving of 33%. The price will vary depending on age, personal circumstances, and requirements, and can include a share of the property value up to 50%. The plan allows customers to purchase a share 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.