Summary - 4, WEDLAKE DRIVE EX2 0AT
2 bed 1 bath End of Terrace
Modern two-bed retirement house with Lifetime Lease savings for over-60s.
Two bedrooms and one bathroom, approximately 692 sq ft.
Home for Life example price £174,250 (typically saves ~33%)
Full market value shown at £260,000 for comparison.
Lifetime Lease option for those aged 60+; price varies by age.
Shared-ownership element - confirm tenure and legal details.
Small plot and average-sized rooms — limited outdoor space.
Single garage plus driveway parking; low-maintenance garden.
Excellent mobile signal and fast broadband; low local crime.
A two-bedroom end-of-terrace home in Matford offering manageable space and low-maintenance living, suited to over-60s seeking security and comfort. The property extends to about 692 sq ft and includes a small garden, single garage and driveway — practical for everyday life without excessive upkeep. Its contemporary build and bright living room windows create a comfortable, modern feel.
This listing is presented with the Home for Life Lifetime Lease example price of £174,250 (based on a typical 33% saving against the £260,000 market value). The scheme lets eligible purchasers aged 60+ buy a Lifetime Lease and optionally purchase up to a 50% share to protect part of the property value. Actual price varies with age, individual circumstances and selected share; use the Homewise calculator or request a personalised quote for precise figures.
Key positives include easy parking, a garage, low local crime and strong connectivity with excellent mobile signal and fast broadband. Notable points: the property is offered via a shared-ownership/Lifetime Lease route in this example — tenure details should be confirmed with your solicitor; the plot is small and the house is average-sized with a single bathroom, so it suits downsizers or retirees rather than those needing larger family accommodation.
Overall, this is a practical, modern retirement option in a prosperous, low-deprivation area of Exeter. It’s well-placed for local amenities and nearby schools if family visits are expected. Prospective purchasers must verify tenure, lease details and any other matters with their solicitor before proceeding.
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