Initial price	£60,250
20/03/25	£57,000
Price Change	-5.39%

This property is a one-bedroom flat in Torquay, available for purchase through the Home for Life Plan from Homewise. The plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with a cost that is always less than the full market value. The market value of the property is £85,000, but the Lifetime Lease price for those aged 60 or over is £57,000, representing a saving of 33%. The property itself is a spacious and bright open-plan lounge/kitchen with a well-appointed bedroom and bathroom, and benefits from an allocated parking space. The property is leasehold with 125 years remaining on the lease, and comes with a range of restrictions and requirements, including permission needed for pets and no use for trade or business.