Summary - St. Albans Road, Babbacombe, Torquay, Devon, TQ1 TQ1 3ND
1 bed 1 bath Apartment
Compact one-bedroom retirement flat with Lifetime Lease option for buyers aged 60 and over.
Lifetime Lease guide price £73,750 for eligible over-60s
A compact one-bedroom apartment in Babbacombe marketed with a Home for Life Lifetime Lease option for buyers aged 60 and over. The Lifetime Lease guide price for eligible purchasers is £73,750 (illustrative saving from the full market price of £110,000); actual price depends on age, circumstances and any share purchased. The property is in a low-rise post-war modern block with a balcony, communal gardens and nearby parking.
The flat measures approximately 366 sq ft and is best suited to someone seeking low-maintenance retirement accommodation close to shops, bus routes and local amenities. Interiors are dated and present clear scope for cosmetic updating; buyers should expect to replace fixtures and refresh finishes to taste. There is no recorded flood risk; mobile signal and broadband are strong.
Important practical points: tenure details are not confirmed in the sales information and must be checked by your solicitor. The building sits within an ageing urban area with average local crime statistics and higher local deprivation indices; this may affect resale values. The Home for Life scheme is available only to purchasers aged 60+, and people under 60 would need to buy at the full market price of £110,000.
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