Summary - Palermo Road, Babbacombe, Torquay, Devon, TQ1 TQ1 3NW
3 bed 1 bath Ground Flat
**Standout Features:**
- Ideal for over-60s, offering significant savings (20%-50%) through the Home for Life plan
- Shared ownership available (up to 50% of property value)
- Sizeable living room with large windows for natural light
- Garden access and contemporary design in a well-maintained flat
- Located in TQ1 3NW, an urban community with average crime rates
- Close proximity to schools rated good by Ofsted
**Summary:**
This charming ground flat, perfect for those aged over 60, is available under the Home for Life plan from Homewise, providing a unique opportunity to secure a Lifetime Lease at a significantly reduced price, approximately £150,750 based on an average saving of 33% from its market value of £225,000. With three bedrooms and a mid-century modern living room that boasts ample natural light, the property offers both comfort and style.
Enjoy the benefits of a shared ownership arrangement, allowing you to safeguard a portion of the property for the future. Situated in a communal retirement-friendly area, this flat also grants access to beautiful communal gardens, ideal for enjoying the outdoors. While the average broadband speed is noted as slow, you'll appreciate the city's amenities, which include shops, bus services, and good local schools. This property presents a rare chance for wise investment in your retirement years without compromising on quality of life. Don't miss out on this opportunity to make it yours!
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