3 bedroom terraced house for sale

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3 bedroom terraced house for sale

School Lane, Carisbrooke, Newport, Isle of Wight
£158,500

Price History

Initial price £159,000
26/07/25 £158,500
Price Change -0.31%

Description

This property is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan offered by Homewise that allows individuals aged 60 or over to purchase a share of the property value to safeguard for the future. The property itself is a terraced house with no onward chain, located in a convenient area with easy access to schools, town, and public transport. The property features a spacious lounge and dining room, three good-sized bedrooms, and an enclosed rear garden with a decking area. The price to purchase the Lifetime Lease is £158,500, which is less than the full market value of £240,000, representing a saving of 33%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.