1 bedroom end of terrace house for sale

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1 bedroom end of terrace house for sale

Enfield Cottages, St James Place, Babbacombe, Torquay, TQ1
£97,250

Price History

Initial price £120,500
21/08/25 £114,000
20/09/25 £110,500
19/10/25 £103,750
26/11/25 £97,250
Price Change -19.29%

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 £97,250, which is based on an average saving of 33%. This means that the customer would pay £97,250 instead of the full market value of £145,000. 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.