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3 bedroom detached bungalow for sale
Binstead Lodge Road, Binstead, Ryde, Isle of Wight
£214,500
Binstead Lodge Road, Binstead, Ryde, Isle of Wight
£214,500
Price History
| Initial price | £218,500 |
| 06/10/25 | £218,000 |
| 19/10/25 | £214,500 |
| Price Change | -1.83% |
Description
This detached bungalow in the village of Binstead is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows those aged 60 or over to secure a share of the property value, with the cost being less than the full market value. For this property, the Lifetime Lease price would be £214,500, representing a 33% saving on the market value of £325,000. The property itself offers good-sized accommodation, including a lounge/dining room, kitchen, three bedrooms, shower room, and conservatory, set within a village with local amenities.