2 bedroom semi-detached bungalow for sale

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2 bedroom semi-detached bungalow for sale

Nelson Drive, Cowes, Isle of Wight
£165,000

Price History

Initial price £165,500
29/12/24 £165,000
Price Change -0.30%

Description

This extended bungalow in Cowes is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value. The Lifetime Lease price for this property is £165,000, representing a 33% saving on the market value of £250,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself features a good-sized open lounge and dining area, fully fitted kitchen, conservatory, and three bedrooms. It also has a driveway to the front and gardens to the rear. The Home for Life Plan provides a flexible and affordable way for over-60s to purchase a property, with the option to purchase a share of the property value to safeguard for the future.