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4 bedroom terraced house for sale
Cary Park Road, Babbacombe, Torquay, Devon
£217,750
Cary Park Road, Babbacombe, Torquay, Devon
£217,750
Price History
Initial price | £231,250 |
15/07/25 | £224,500 |
08/08/25 | £217,750 |
28/08/25 | £211,000 |
30/08/25 | £217,750 |
Price Change | -5.84% |
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 typically less than the full market value, with savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £217,750, representing a 33% saving on the market value of £325,000. 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.