Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £15...
Property Oracle says ..
This three-bedroom terraced house in Wren Hill, Brixham, is presented as a Home for Life Lifetime Lease property specifically for those over 60. The property’s key selling points appear to be its location in Brixham, a popular coastal town, and its proximity to local amenities and good primary schools. The photographs suggest the property is generally well-maintained, although the kitchen and bathroom might benefit from modernization. The property includes a small, relatively manageable garden, incorporating a useful decking area. The listed price seems reasonable given Brixham’s property market, and other nearby properties, however it’s significantly lower than comparables due to it’s offering of a lifetime lease. A potential buyer should carefully consider the implications of this lease type, particularly regarding the limitations and responsibilities it entails. This unique sales structure makes direct comparison with other market offerings complex, and further investigation into the terms of the lease is essential before making a purchasing decision. Additional information about the property’s square footage and the precise terms of the lifetime lease would allow for a more comprehensive and informed assessment of its value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 0
- Sqft (est)
- 867.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 325,232.00 £Decreased by 0.67 %
- Est sale value
- 280,041.00 £Decreased by 20.05 %
- Average area rental value
- 913.00 £/moIncreased by 8.56 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.37 %Increased by 9.42 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Furzeham Children'S Centre | Children's Centre Linked Site | 0.23 KM | |
Eden Park Primary & Nursery School | Academy Converter | Good | 0.59 KM |
Furzeham Primary School | Community School | Good | 0.69 KM |
Brixham Church Of England Primary School | Academy Converter | 0.79 KM | |
St Margaret Clitherow Catholic Primary School | Academy Converter | Requires improvement | 0.91 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Hillside Road | £ 825,000 | 0 | 0.00 KM |
Kiln Path | £ 0 | 0 | 0.00 KM |
Cavern Road | £ 270,000 | 0 | 0.00 KM |
Market Street | £ 0 | 0 | 0.00 KM |
Ochre Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Paignton | 3427 | PGN | 7.28 KM |
Torquay | 3434 | TQY | 8.39 KM |
Torre | 3432 | TRR | 9.77 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Wren Hill, Brixham | £ 235,000 | BUY | 6 / 10 | 0.09 KM |
Burton Street, Brixham | £ 410,000 | BUY | Unknown | 0.09 KM |
BURTON STREET BRIXHAM | £ 250,000 | BUY | Unknown | 0.09 KM |
Burton Street, Brixham | £ 225,000 | BUY | 5 / 10 | 0.11 KM |
Greenswood Close, Brixham, TQ5 | £ 325,000 | BUY | Unknown | 0.12 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
Kismet | £ 196,000 | 0.09 KM |
The Boat House | £ 177,000 | 0.09 KM |
8 Langley Close | £ 225,000 | 0.10 KM |
5 Langley Close | £ 153,000 | 0.10 KM |
9 Langley Close | £ 136,500 | 0.10 KM |