Lifetime lease option for over-60s in peaceful rural hamlet with generous garden.
- Two bedrooms, one bathroom in a traditional stone cottage
- Open-plan living and dining with vaulted ceiling and exposed beams
- Modern rustic kitchen, wood flooring, medium-sized rooms
- Lifetime Lease guide price £114,000; full market value £170,000
- Homewise plan for buyers aged 60+, up to 50% share available
- Very large plot and quiet rural hamlet setting
- Very slow broadband and average mobile signal
- Area classified as deprived; limited local services and isolated location
A charming two-bedroom stone cottage set in the peaceful Higher Penhole Farm hamlet, offered with a Homewise Lifetime Lease option for buyers aged 60 and over. The cottage mixes traditional character — exposed beams and stonework — with a modern rustic kitchen and an open-plan living/dining layout.
The property is presented as shared ownership under the Lifetime Lease model: guide Lifetime Lease price £114,000 (illustrative saving ~33% from market value £170,000); actual price depends on age, circumstances and chosen share (up to 50%). This can reduce upfront cost while allowing you to safeguard a portion of the property value.
Practical considerations: the cottage sits on a very large plot in a rural, low-crime location with no flood risk, but broadband speeds are very slow and mobile signal is only average. The area is classified as deprived and the property is in a hamlet/isolated setting, so access to services is limited. Suitable primarily as a retirement home under the Homewise plan; interested buyers should verify tenure and all legal details with their solicitor.
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