Affordable, low-maintenance town-centre home for over-60s looking to downsize and personalise.
- One bedroom end-of-terrace Victorian-style cottage, approx 449 sq ft
- Home for Life Lifetime Lease example price £103,750 for 60+ buyers
- Full market value listed at £155,000; savings typically 20–50% depending on age
- Dated interior (1980s living room carpet, ceiling fan) — cosmetic updating likely
- Tenure/lease details unconfirmed; solicitor verification required
- Fast broadband and excellent mobile signal; town-centre conveniences nearby
- Local area classed as ageing urban communities and shows deprivation indicators
- Flood risk: none noted; approx four rooms in total
A compact one-bedroom end-of-terrace in central Babbacombe, this Victorian-style cottage offers manageable single-floor living and period street appeal. At about 449 sq ft, the layout is traditional and straightforward, suitable for someone looking to downsize without sacrificing a town-centre location. Broadband is fast and mobile signal excellent, useful for staying connected.
This property is being offered with a Home for Life (Lifetime Lease) example price of £103,750 for eligible buyers aged 60+, typically reflecting savings between 20% and 50% versus the full market value of £155,000. The Homewise option allows purchase of up to a 50% share to safeguard an element of the property value — a potential advantage for those wanting to protect equity while reducing upfront cost. Exact price depends on age and personal circumstances; a personalised quote or calculator is advised.
The interior is dated in parts (1980s living-room finishes, fitted carpets, ceiling fan) and will suit buyers who are happy to update cosmetic fittings. Important practical details — tenure/lease status, services, fixtures and any building consents — have not been confirmed and must be verified by your solicitor. The local area is classified as ageing urban communities with signs of deprivation; weigh location benefits (shops, cafes, beach nearby) against wider neighbourhood factors when deciding.
Overall, the property is best for an over-60s buyer seeking a low-maintenance, centrally located retirement home with clear potential to personalise. Be prepared to confirm legal/tenure details, and consider modest refurbishment to refresh the living spaces.
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