>
2 bedroom chalet for sale
Shide Path, Newport, Isle of Wight
£188,500
Shide Path, Newport, Isle of Wight
£188,500
Price History
Initial price | £208,500 |
03/09/24 | £188,500 |
Price Change | -9.59% |
Description
This charming chalet bungalow is available for purchase through a unique lifetime lease program from Homewise, designed specifically for individuals aged 60 or over. The Home for Life Plan allows buyers to secure the property with a lifetime lease, purchasing a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is typically less than the full market value, with potential savings of 20-50%. The property itself is situated off a main road, with a driveway, low-maintenance garden, and gated side access to the river. The interior features a spacious entrance hallway, lounge, kitchen/dining room, two bedrooms, bathroom, cloakroom, conservatory, and loft room. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, but it is not exclusively for sale to the over-60s. If interested, individuals can use Homewise's calculator to determine their potential savings and contact them for a personalized quote.