Charming three‑bed cottage with garden — Homewise Lifetime Lease option for over‑60s.
Three bedrooms in a compact, characterful cottage layout
This three‑bedroom semi‑detached cottage on Exeter Road in Crediton combines period character with practical outdoor space. Exposed beams, a wood burner and a thatched‑style exterior give the house rustic charm; rooms are compact but comfortable across about 895 sq ft. The plot is a decent size and includes a private garden, useful for potting or sitting out in fine weather.
The property is being shown as suitable for retirement buyers and can be purchased through Homewise’s Home for Life Lifetime Lease if you are aged 60 or over. The full market price is £297,000; the Homewise guide Lifetime Lease price for qualifying buyers is £199,000 (typical saving shown 33%), with actual savings varying by age and circumstances. Homewise do not own the property; the Lifetime Lease lets buyers buy up to a 50% share to safeguard value — speak to Homewise for a personalised quote or use their online calculator.
Practical points: the house will need some redecoration and shows signs of possible damp in places; the living room and staircase are cosy but compact. Tenure details are unknown and must be verified by a solicitor before exchange. Broadband and mobile signal are excellent, flood risk is low, and shops, bus links and local leisure facilities are nearby in this small‑town location.
This is best for downsizers or retirees seeking character in a manageable home with garden space and good local services. Investors should note the retirement focus and the need to confirm tenure and any lease conditions before proceeding.