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St. Faith's Road, Cowes PO31 3 bed detached bungalow for sale
St. Faith's Road, Cowes PO31
£257,500
St. Faith's Road, Cowes PO31
£257,500
Price History
Initial price | £281,000 |
30/05/25 | £257,500 |
Price Change | -8.36% |
Description
This property is a 3-bedroom bungalow in Cowes, Isle of Wight, that can be purchased with a Lifetime Lease through Homewise's Home for Life Plan. The plan allows individuals aged 60 or over to secure the property with a share of the value, typically saving between 20% to 50% of the market value. The market value of the property is £390,000, but the Lifetime Lease price for someone over 60 would be £257,500, based on an average saving of 33%. The property features a bright and airy interior, a partially secluded front garden, and a good-sized rear garden with seating areas and a fish pond. It is conveniently located just a 15-minute walk from Cowes town centre and marinas, with nearby access to local amenities, including a surgery, supermarkets, and a primary school.