3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Rectory Drive, Wootton Bridge, Ryde, Isle of Wight
£181,500

Price History

Initial price £182,000
27/12/25 £181,500
Price Change -0.27%

Description

This detached bungalow in Wootton Bridge is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is in need of cosmetic updating and offers lovely accommodation, including an entrance hallway, lounge, kitchen, cloakroom, shower room, and three bedrooms. The property also features a driveway, garage, and front and rear gardens. For those aged 60 or over, Homewise offers a Home For Life Plan, which allows customers to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is typically less than the full market value, with an average saving of 33%. The price of the Lifetime Lease for this property is £181,500, which is £93,500 less than the market value of £275,000.