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1 bedroom apartment for sale
St Albans Road, Babbacombe, Torquay, Devon
£67,000
St Albans Road, Babbacombe, Torquay, Devon
£67,000
Price History
Initial price | £77,000 |
23/06/25 | £73,750 |
18/09/25 | £67,000 |
Price Change | -12.99% |
Description
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Here is a summary of the property description in a single paragraph:
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 safeguard for the 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 £67,000, based on an average saving of 33%, while the market value price is £100,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and customers can use the Homewise calculator to get an estimate of their potential savings.