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2 bedroom ground floor flat for sale
Woodway Road, Teignmouth, Devon, TQ14
£227,750
Woodway Road, Teignmouth, Devon, TQ14
£227,750
Price History
Initial price | £251,250 |
08/08/25 | £227,750 |
Price Change | -9.35% |
Description
The Home for Life Plan from Homewise allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, securing 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 £227,750, based on an average saving of 33%, with the market value price being £340,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and Homewise provides a calculator on their website to estimate potential savings. Those interested can contact Homewise for a personalized quote or Bradleys estate agents to purchase the property at the full market value.