2 bedroom apartment for sale

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2 bedroom apartment for sale

Manor Road, St Marychurch, Torquay, Devon
£114,000

Price History

Initial price £134,000
15/08/24 £124,000
31/10/24 £114,000
Price Change -14.93%

Description

This property is being offered for sale through Homewise's Home for Life Plan, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The property itself is a two-bedroom apartment located in a convenient area with easy access to local amenities. The apartment features a lounge, dining room, kitchen, two bedrooms, and a bathroom, as well as a balcony and garage. The property is being sold with a Home for Life Plan, which allows the buyer to purchase a share of the property value (up to 50%) to safeguard for the future. The price of the Lifetime Lease is £114,000, which is less than the full market value of £170,000. This represents a saving of 33% for those aged 60 or over.