3 bedroom apartment for sale

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3 bedroom apartment for sale

Shirley Towers, Vane Hill Road, Torquay, Devon, TQ1
£234,500

Price History

Initial price £268,000
30/08/25 £251,250
27/09/25 £234,500
Price Change -12.50%

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 £234,500, based on an average saving of 33%, compared to the market value of £350,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.