Binstead Lodge Road, Ryde PO33 3 bed detached bungalow for sale

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Binstead Lodge Road, Ryde PO33 3 bed detached bungalow for sale

Binstead Lodge Road, Ryde PO33
£214,500

Price History

Initial price £218,500
07/10/25 £218,000
19/10/25 £214,500
Price Change -1.83%

Description

This detached bungalow in the village of Binstead is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan offered by Homewise for individuals aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically saving between 20% to 50% of the full market value. The property itself offers good-sized accommodation, including a lounge/dining room, kitchen, three bedrooms, and a shower room, as well as a conservatory, front and rear gardens, and a garage. The asking price for the Lifetime Lease is £214,500, based on an average saving of 33%, compared to the market value price of £325,000.