Lifetime Lease option reduces upfront cost for over-60s seeking manageable period living.
Three bedrooms and one bathroom, approx 1,014 sq ft
A three-bedroom Victorian terraced house in Liskeard presented through the Homewise Home for Life Lifetime Lease for buyers aged 60+. The plan reduces the immediate purchase price: a guide Lifetime Lease price here is £140,750 (market value £210,000), with the exact amount depending on age, circumstances and any share you choose to buy.
Inside, the property retains traditional character with granite walls, sash-style windows and a modernised fireplace in the living room. Accommodation is arranged over two floors with about 1,014 sq ft and a practical layout suitable for downsizers wanting separate reception space, three bedrooms and one bathroom.
Notable practical points are straightforward: mains gas central heating with boiler and radiators, double glazing (installation date unknown) and fast broadband with excellent mobile signal. The plot is small and maintenance of a period stone property may include insulating solid walls or addressing dated elements.
Be clear about the drawbacks: the property is in a very deprived area with high local crime statistics, tenure details are not confirmed and the assumed granite walls are likely uninsulated. The Lifetime Lease option is restricted to over-60s purchasing via Homewise; if you are not eligible you can pursue the full market sale at £210,000.
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