Two-bedroom retirement home lifetime lease may reduce purchase cost for buyers aged 60+..
Two bedrooms, one bathroom; compact 629 sq ft layout
Suitable for buyers aged 60+ under Homewise Lifetime Lease scheme
Guide Lifetime Lease price £174,250; full market value £260,000
Lifetime Lease allows purchase of up to 50% share to safeguard value
Small private garden and off-street parking; low-maintenance plot
Tenure/lease details must be legally verified before purchase
Not exclusively sold by Homewise; full-price sale option available
Average-sized rooms; best for downsizers rather than large families
Set in quiet Exminster suburbia, this two-bedroom terraced retirement home offers compact, modern living with a small private garden and off-street parking. The interior is clean and practical with bright living space, laminate floors and efficient double glazing — suited to someone looking to downsize without extensive work. Broadband is fast, crime is very low and there is no flood risk.
This property is being marketed with the Home for Life Lifetime Lease example: eligible buyers aged 60+ may purchase a share (up to 50%) and a Lifetime Lease at a reduced price. Guide Lifetime Lease price shown is £174,250 (illustrative saving around 33% from the £260,000 market value). Actual price depends on age, circumstances and the share chosen; use the Homewise calculator or request a personalised quote to confirm your position.
Important practical points: tenure/lease details must be verified by your solicitor and the property information is provided for guidance only. The Lifetime Lease route is only available to over-60s; others would need to buy at full market price. The plot is small and the home is average-sized, so this is best suited to buyers seeking low-maintenance, downsized accommodation rather than extensive outdoor space.
Local amenities are close by in this comfortable suburb: good local primary schooling, public transport links and nearby leisure and community facilities make day-to-day life convenient. Buyers should confirm any fixtures, services and potential additional costs with their solicitor and check eligibility and exact terms with Homewise before proceeding.