Initial price	£147,500
26/02/25	£144,000
Price Change	-2.37%

This property, a chain-free cottage in Torquay, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. This plan allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, typically saving between 20% to 50% of the market value. The plan price for this property is £144,000, based on an average saving of 33%. The property itself is a two-bedroom, one-bathroom home with a sunny garden, off-road parking, and a modern open-plan lounge/kitchen. It is located in a quiet area, close to St Marychurch and Babbacombe Downs, and has good transport links to Torquay town centre and Shaldon.