3 bedroom semi-detached house for sale

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3 bedroom semi-detached house for sale

Redwell Road, Paignton, Devon
£191,000

Price History

Initial price £207,750
04/03/25 £197,750
15/04/25 £191,000
Price Change -8.06%

Description

The Home for Life Plan from Homewise offers a unique opportunity for 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 £191,000, based on an average saving of 33%, with a market value price of £285,000. The plan allows customers to purchase up to 50% of the property 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 it is not exclusively for sale to the over-60s, but is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.