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1 bedroom apartment for sale
Stanley Road, St Marychurch, Torquay, Devon, TQ1
£107,250
Stanley Road, St Marychurch, Torquay, Devon, TQ1
£107,250
Price History
Initial price | £114,000 |
01/10/25 | £107,250 |
Price Change | -5.92% |
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 £107,250, based on an average saving of 33%, with a market value price of £160,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements. This property is being marketed as an example of a property that can be purchased using a Home for Life Lifetime Lease, and interested parties can contact Bradleys estate agents for more information or a personalized quote.