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4 bedroom detached bungalow for sale
The Drive, Southbourne, Hampshire
£346,500
The Drive, Southbourne, Hampshire
£346,500
Price History
Initial price | £347,000 |
15/04/25 | £346,500 |
Price Change | -0.14% |
Description
This detached bungalow in Southbourne village is available for purchase through a Home for Life Plan, a lifetime lease option designed for those aged 60 and over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically 20-50% lower than the full market value. The current guide price for this property is £346,500, with a market value of £525,000. The property itself offers flexible, bright, and spacious accommodation, with an L-shaped rear garden and proximity to shops, schools, and public transport. The buyer will need to be aged 60 or over to take advantage of the Home for Life Plan, and can use Homewise's calculator to estimate their potential savings.