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2 bedroom detached bungalow for sale
Hound Tor Close, Paignton, Devon
£187,500
Hound Tor Close, Paignton, Devon
£187,500
Price History
Initial price | £217,750 |
30/01/25 | £201,000 |
29/04/25 | £187,500 |
Price Change | -13.89% |
Description
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Here is a summarized version of the property description in a single paragraph:
The Home for Life Plan from Homewise allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, securing 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 £187,500, representing a 33% saving on the market value of £280,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future. Interested parties can use Homewise's calculator to estimate their potential savings and contact them for a personalized quote. Please note that Homewise does not own the property and it is not exclusively for sale to the over-60s, but is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.