2 bedroom detached bungalow for sale

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2 bedroom detached bungalow for sale

Moor View Drive, Teignmouth, Devon
£201,000

Price History

Initial price £221,000
01/06/25 £214,500
02/10/25 £201,000
Price Change -9.05%

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's value to secure their future. The cost of the Lifetime Lease is typically lower than the full market value, with customers saving between 20% to 50%. For this specific property, the Lifetime Lease price is £201,000, representing a 33% saving on the market value of £300,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The price paid will vary depending on individual circumstances, 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.