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2 bedroom detached bungalow for sale
Portland Avenue, Teignmouth, Devon
£221,000
Portland Avenue, Teignmouth, Devon
£221,000
Price History
Initial price | £251,250 |
24/05/25 | £234,500 |
02/07/25 | £221,000 |
Price Change | -12.04% |
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 less than the full market value, with customers typically saving between 20% to 50%. For this specific property, the Lifetime Lease price is £221,000, based on an average saving of 33%, compared to the market value of £330,000. 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.