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3 bedroom detached bungalow for sale
Chatfield Lodge, Newport, Isle of Wight
£211,500
Chatfield Lodge, Newport, Isle of Wight
£211,500
Price History
| Initial price | £235,000 |
| 17/09/25 | £234,500 |
| 15/10/25 | £235,000 |
| 17/10/25 | £211,500 |
| Price Change | -10.00% |
Description
This property is being offered as an example of a property that can be purchased using a Home for Life Lifetime Lease, a plan designed for individuals aged 60 or over. The Lifetime Lease price for this property is £211,500, which is a significant saving of 33% compared to the market value of £320,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself is a split-level bungalow with various adaptations for disabled living, including an external lift. It has five bedrooms, a lounge, kitchen, dining room, and wet room, as well as front and rear gardens, a driveway, and a garage. The property is being marketed by Homewise as an example of a property that can be purchased using the Home for Life Lifetime Lease, but it is not exclusively for sale to over-60s and can be purchased at the full market value through Pittis estate agents.