2 bedroom apartment for sale

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2 bedroom apartment for sale

Lower Warberry Road, Torquay, Devon, TQ1
£97,250

Price History

Initial price £117,250
19/03/25 £110,500
24/05/25 £103,750
25/12/25 £97,250
Price Change -17.06%

Description

Through Homewise's Home for Life Plan, individuals aged 60 or over can purchase a Lifetime Lease and a share of the property's value to secure their future. The cost of the Lifetime Lease is always lower than the full market value, with customers typically saving between 20% to 50%. For this specific property, the Lifetime Lease price is £97,250, based on an average saving of 33%, compared to the market value of £145,000. The plan allows customers to purchase up to 50% of the property's value to safeguard for the future, and the price paid will vary depending on age, personal circumstances, and requirements. Homewise does not own the property and is marketing it as an example of a property that can be purchased using a Home for Life Lifetime Lease.