4 bedroom detached house for sale

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4 bedroom detached house for sale

Penwill Way, Paignton, Devon
£248,000

Price History

Initial price £281,500
18/01/25 £268,000
30/01/25 £261,250
04/06/25 £248,000
Price Change -11.90%

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 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 £248,000, representing a 33% saving on the market value of £370,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The price paid will vary depending on age, personal circumstances, and requirements, and can be adjusted to include any percentage of the property desired. For a personalized quote or more information, interested individuals can use Homewise's calculator or contact them directly.