Summary - 28 CAMBRIDGE ROAD TORQUAY TQ1 4QN
2 bed 1 bath Terraced
Low-maintenance two-bedroom home ideal for older buyers seeking secure part-ownership.
Lifetime Lease guide price £160,750 (market value £240,000) for buyers aged 60+
This two-bedroom terraced house in St Marychurch offers a comfortable, compact retirement home with almost 969 sq ft of living space. The property is offered through Homewise’s Home for Life Lifetime Lease option for buyers aged 60+, with a guide Lifetime Lease price of £160,750 (market value £240,000); actual price depends on age and circumstances. The plan allows purchasing up to a 50% share to protect future value.
Internally the home has been modernised with bright, neutral decor and standard ceiling heights, creating a light, manageable living environment. There is one bathroom and a sensible room layout across two storeys, suited to an older buyer wanting practicality rather than extensive grounds to maintain. Broadband speeds are fast and mobile signal excellent, useful for staying connected and accessing services.
Notable drawbacks are straightforward and important: the property is a shared-ownership/ lifetime-lease arrangement rather than freehold, there is no visible garden or garage and the plot is small. Interior notes mention potential damp and plaster issues that should be surveyed. The area scores as more deprived with average crime levels—prospective buyers should check locality suitability.
Overall, this home is best suited for an over-60 buyer seeking a low-maintenance, centrally connected retirement base with financial flexibility via a part-purchase Lifetime Lease. Verify tenure, any repair needs (including potential damp), and the exact Lifetime Lease price for your circumstances before proceeding.
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