Compact Victorian one-bed near Paignton coast — tailored Lifetime Lease option for over‑60s.
One-bedroom apartment, approximately 445 sq ft, traditional layout
Illustrative Homewise Lifetime Lease price £70,250 (typical saving shown 33%)
Market value shown £105,000; actual price varies by age and share bought
Victorian building with character features, hardwood floors, built-in storage
Suitable for over‑60s buying via Home for Life; not exclusively for sale to over‑60s
Very slow broadband locally; mobile signal excellent
Tenure/lease and service charges not confirmed — solicitor to verify
Area: seaside location, ageing communities, some local deprivation
A one-bedroom apartment in a Victorian building on Cleveland Road, offered as an example for Homewise’s Home for Life Lifetime Lease. The bright, medium-size living room has hardwood floors and built-in storage; the apartment totals approximately 445 sq ft with a traditional layout suited to single occupants or couples looking to downsize.
The Home for Life plan can reduce the purchase cost for those aged 60+; guide Lifetime Lease price shown £70,250 (typical 33% saving on the £105,000 market value). Actual price depends on buyer age, circumstances and the share purchased (up to 50%). Interested buyers should use the Homewise calculator or request a personalised quote to confirm costs.
Practical points to check: tenure/lease details must be verified by your solicitor and the property is marketed as an example for the Lifetime Lease—Homewise do not own it. Broadband speeds are reported as very slow locally, though mobile signal is excellent. The wider area is classified as ageing communities with some deprivation; crime levels are average and there is no known flood risk.
This apartment suits those wanting a compact, low-maintenance retirement base near Paignton’s coast and local amenities. It offers period character and a seaside location with easy access to shops, bus links and leisure, but buyers should factor in slow broadband, the need to confirm tenure and any building/leasehold service arrangements before committing.