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1 bedroom end of terrace house for sale
Enfield Cottages, St James Place, Babbacombe, Torquay, TQ1
£97,250
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.