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1 bedroom apartment for sale
Manorglade Court, Higher Warberry Road, Torquay, Devon
£57,000
Manorglade Court, Higher Warberry Road, Torquay, Devon
£57,000
Price History
Initial price | £60,250 |
20/03/25 | £57,000 |
Price Change | -5.39% |
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, safeguarding 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 £57,000, based on an average saving of 33%, while the market value price is £85,000. The plan allows customers to purchase up to 50% of the property value, and the price will vary depending on age, personal circumstances, and requirements. 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.