Summary - Mead Lane, Paignton, Devon, TQ3 TQ3 2AT
2 bed 2 bath Detached
Lifetime Lease option for buyers aged 60 plus seeking manageable living.
Detached two-bedroom home with two bathrooms and garage
This detached two-bedroom home in Paignton is presented as a retirement option under the Home for Life Lifetime Lease for buyers aged 60+. The house offers a generous internal area (circa 982 sq ft), two bathrooms, and a garage — practical features for comfortable single-level and multi-storey living. Broadband is fast and mobile signal is excellent, useful for staying connected.
The Home for Life guide price shown is £164,250 (based on an illustrative 33% average saving from the market price of £245,000). The scheme lets eligible buyers buy a Lifetime Lease and purchase up to a 50% share of the property value to safeguard some capital; actual price depends on age and personal circumstances and must be confirmed with a personalised quote or the Homewise calculator. Customers should note this is shared-ownership tenure and exact legal details need solicitor verification.
Important practical points: the plot is small and the local area scores as deprived with above-average crime statistics — factors to consider for security and future resale. Tenure details are listed as unknown and all measurements and services should be independently checked. There is no reported flood risk.
Suitable primarily as a retirement home for over-60s, the property also offers potential for refurbishment and upgrading where desired. Buyers who prioritise space, a garage and strong connectivity may find this a sensible downsizing option, provided they are comfortable with the shared-ownership Lifetime Lease arrangement and the neighbourhood context.
3 bedroom detached house for sale in Washington Close, Paignton, Devon, TQ3 — £227,750 • 3 bed • 2 bath • 717 ft²
3 bedroom detached house for sale in Grange Heights, Paignton, Devon, TQ4 — £264,750 • 3 bed • 2 bath • 1320 ft²
2 bedroom apartment for sale in Fisher Street, Paignton, Devon, TQ4 — £100,500 • 2 bed • 1 bath • 766 ft²
2 bedroom detached bungalow for sale in Eden Grove, Paignton, Devon, TQ3 — £124,000 • 2 bed • 1 bath • 803 ft²
2 bedroom detached bungalow for sale in Brendons Avenue, Livermead, Torquay, Devon, TQ2 — £291,500 • 2 bed • 1 bath • 960 ft²
3 bedroom terraced house for sale in Barton Close, Paignton, Devon, TQ3 — £144,000 • 3 bed • 1 bath • 1082 ft²
