Reduced
9 photos · FloorplanFor saleReduced 3 Nov 2026
£127,250Guide price
Spencer Road, Paignton, Devon, TQ3 3SX
3bedrooms
1bathroom
Semi-Detachedtype
Listed 15 Oct 2026 · price reduced 3 Nov 2026 · Paignton
How the price compares
This home£127,250
Median 3 bed in TQ3£270k105 homes listed · £254 per sq ft
Difference-53%below the area median
Key features
- ONLY OVER 60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)
- SAVINGS against the full price of this property typically range from 20% to 50% for a Lifetime Lease
- Actual price paid depends on individuals' age and personal circumstances (and property criteria)
- Plan allows customers to purchase a % share of the property value (UP TO 50%) to safeguard for the future
- CALL for a PERSONALISED QUOTE or use the CALCULATOR on the HOMEWISE website for an indicative saving
- The full listed price of this property is £190,000
About this home
OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE
Through the Home for Life Plan from Homewise, those AGED 60 OR OVER can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value. OVER 60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £127,250 based on an average saving of 33%.
Market Value Price: £190,000
The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.
For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website. Please CALL for more information or a PERSONALISED QUOTE. Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s. It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease. If you are not OVER 60 or would like to purchase the property at the full market value of £190,000, please contact the estate agent Bradleys.
PROPERTY DESCRIPTION
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Property details
- Property type
- Semi-Detached
Floorplan
Location
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- Paignton Station0.9 mi
- Torquay Station2.4 mi
- Torre Station2.9 mi
What nearby homes sold for
Median sold prices in TQ3 over the last 12 months: detached £370k · semi-detached £258k · flat £125k · terraced £200k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 60 Spencer Road Paignton TQ3 3SY | Semi-detached Freehold | 3 Jul 2026 | £180,000 |
| 49 Spencer Road Paignton TQ3 3SY | Semi-detached, new build Freehold | 29 May 2026 | £185,000 |
| 50 Spencer Road Paignton TQ3 3SY | Semi-detached Freehold | 13 Feb 2026 | £210,000 |
| 40 Spencer Road Paignton TQ3 3SY | Semi-detached, new build Freehold | 14 Nov 2025 | £177,500 |
| 69 Spencer Road Paignton TQ3 3SY | Semi-detached Freehold | 14 Nov 2025 | £130,000 |
| 55 Spencer Road Paignton TQ3 3SY | Semi-detached, new build Freehold | 4 Sept 2025 | £200,000 |
| 24 Spencer Road Paignton TQ3 3SX | Semi-detached, new build Freehold | 8 Aug 2025 | £180,000 |
| 5 Spencer Road Paignton TQ3 3SX | Semi-detached Freehold | 31 Jul 2025 | £210,000 |
| 25 Spencer Road Paignton TQ3 3SX | Semi-detached Freehold | 25 Jul 2025 | £205,000 |
| 5 Spencer Road Paignton TQ3 3SX | Semi-detached Freehold | 30 Jun 2025 | £200,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TQ3
Buying costs
Monthly repayment£637£12,725 deposit · £114,525 loan
Stamp Duty£45England rates
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Homewise, Covering Devon on Rightmove (original listing). First listed 15 Oct 2026; details checked 7 Nov 2026. Latest change: reduced on 03/11/2026.
Agent disclaimer
Disclaimer - Property reference 43043_PGN260238. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Homewise, Covering Devon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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