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2 bedroom detached bungalow for sale
Grange Drive, Newport, Isle of Wight
£181,500
Grange Drive, Newport, Isle of Wight
£181,500
Price History
Initial price | £182,000 |
26/08/25 | £181,500 |
Price Change | -0.27% |
Description
This detached bungalow is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure the property with a lifetime lease. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically ranging from 20% to 50% less than the full market value. The property itself is a lovely detached bungalow with a good-sized plot, enclosed garden, and well-presented rooms, including a lounge with sliding doors to a sun room. The property is located in a small cul-de-sac on the edge of Newport and offers potential for the garden to be made over. The asking price for the lifetime lease is £181,500, which is based on an average saving of 33% compared to the full market value of £275,000.