2 bedroom apartment for sale

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2 bedroom apartment for sale

Greenway Road, St Marychurch, Torquay, Devon, TQ1
£134,000

Price History

Initial price £147,500
17/06/25 £134,000
Price Change -9.15%

Description

Through the Home for Life Plan from Homewise, 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 customers typically saving between 20% to 50%. For this specific property, the Lifetime Lease price is £134,000, based on an average saving of 33%, which is less than the market value of £200,000. 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 the individual's age, personal circumstances, and requirements.