Available with Home for Life lifetime lease, offering reduced upfront cost for buyers aged 60 and over.
Three-bedroom detached single-storey bungalow, circa 982 sq ft
This three-bedroom detached bungalow sits on a large plot in a quiet Ogwell street, arranged on one level and well-suited to buyers seeking single-storey living close to Newton Abbot. The property measures around 982 sq ft, has a garage, private garden and contemporary laminate flooring in the living room, offering straightforward, comfortable accommodation for retirement or downsizing.
The property is being marketed with information about the Home for Life Lifetime Lease from Homewise: the full market price is £325,000, while the Homewise guide Lifetime Lease price shown is £217,750 (an illustrative average saving of 33%). The actual price payable under the Lifetime Lease depends on age, personal circumstances and any share purchased (you can buy up to 50% to safeguard future value). If you prefer to purchase outright, the full market price applies.
Practical considerations are clear: the bungalow dates from the 1960s so buyers should expect typical maintenance or modernisation works and should verify structural, electrical and planning records. Tenure is not confirmed here and must be checked by a solicitor. The area has low crime, good broadband speeds but no mobile signal at present — useful to know for those reliant on mobile reception.
Overall, this property offers single-level living with a large garden and garage in an ageing rural neighbourhood close to town amenities. It will suit over-60s looking to reduce capital outlay via a Lifetime Lease, or anyone buying at the full market price prepared to update a 1960s bungalow and confirm tenure details.