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3 bedroom detached bungalow for sale
Ronstan Gardens, Freshwater, Isle of Wight
£221,000
Ronstan Gardens, Freshwater, Isle of Wight
£221,000
Price History
Initial price | £241,500 |
26/07/25 | £241,000 |
31/07/25 | £221,000 |
Price Change | -8.49% |
Description
This spacious, extended detached bungalow is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease from Homewise. The property features an open plan living area, three bedrooms, and a wraparound private garden. The Home For Life Plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is typically less than the full market value, with customers saving between 20% to 50% on average. The price of the Lifetime Lease for this property is £221,000, based on an average saving of 33%, compared to the market value price of £335,000.