2 bedroom detached bungalow for sale

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2 bedroom detached bungalow for sale

Maresfield Road, East Cowes, Isle of Wight
£185,000

Price History

Initial price £185,500
30/12/25 £185,000
Price Change -0.27%

Description

This detached bungalow is being offered for sale through a Lifetime Lease program with Homewise, allowing those aged 60 or over to purchase a share of the property value and secure their future. The Lifetime Lease price for this property is £185,000, representing a saving of 33% compared to the market value of £280,000. The property itself is beautifully presented, with a "ready to move in" feel, and features a spacious layout, including a lounge, kitchen/dining room, two bedrooms, and a shower room. The property also benefits from a garage, driveway, and good-sized gardens to the front and rear. The Lifetime Lease program allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future, and Homewise does not own the property, it is being marketed as an example of a property that can be purchased using this program.