5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Norman Road, Paignton, Devon
£284,750

Price History

Initial price £318,250
17/07/24 £301,500
16/01/25 £284,750
Price Change -10.53%

Description

This property, a superbly presented home, is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease from Homewise. For those aged 60 or over, this plan allows them to purchase a Lifetime Lease and a share of the property value, saving between 20% to 50% of the full market value. The market value of the property is £425,000, but with the Home For Life Plan, the price would be £284,750, a saving of 33%. The property itself is a spacious home with off-road parking and is located within walking distance to Paignton seafront. It features five bedrooms, four of which have en-suite facilities, as well as a lounge, bathroom, and kitchen/dining room. The property is freehold and has a high risk of flooding from surface water, but a low risk from rivers and sea. It also has standard, superfast, and ultrafast broadband options and mobile network coverage from EE, Three, O2, and Vodafone.