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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 a lifetime lease opportunity through Homewise's Home for Life Plan, allowing individuals aged 60 or over to purchase a share of the property value and secure their future. The lifetime lease price for this property is £211,500, which is 33% less than the market value of £320,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future. The property itself is a split-level bungalow with various adaptations for disabled living, including an external lift, and offers a lot of potential for renovation and expansion. It has a range of rooms, including a hall, three bedrooms, a lounge, kitchen, dining room, and wet room, as well as a front and rear garden, driveway, and garage.