Initial price	£201,000
06/09/24	£194,250
31/10/24	£187,500
Price Change	-6.72%

This property is being offered through the Home for Life Plan from Homewise, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, safeguarding their future. The cost of the Lifetime Lease is typically less than the full market value, with a guide price of £187,500 for this property, representing a saving of 33% compared to the market value of £280,000. The plan allows customers to purchase up to 50% 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. The property itself is a superbly presented three-level cottage with views over the Marina and Torquay, and is a credit to the current owners.