Initial price	£83,750
18/09/24	£80,500
08/11/24	£77,000
Price Change	-8.06%

This property is being offered to the over-60s through the Home for Life Plan from Homewise, which allows them to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is less than the full market value, with typical savings ranging from 20% to 50%. The property itself is a spacious three-bedroom house located within walking distance of Torquay town centre, sea front, and Torre. It features a communal entrance, kitchen, lounge/dining room, three bedrooms, and a bathroom. The property is leasehold with 199 years remaining on the lease, and maintenance costs are £25 per month. The property is being marketed as an example of a property that can be purchased using the Home for Life Plan, but it is not exclusively for sale to the over-60s.