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3 bedroom terraced house for sale
Bronshill Mews, Torquay, Devon
£157,500
Bronshill Mews, Torquay, Devon
£157,500
Price History
Initial price | £167,500 |
20/06/25 | £160,750 |
19/08/25 | £157,500 |
Price Change | -5.97% |
Description
Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property's 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 £157,500, representing a 33% saving on the market value of £235,000. The plan allows customers to purchase up to 50% of the property's value to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements. The property is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease, and is not exclusively for sale to over-60s.