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 by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to purchase a share of the property value, with the cost to purchase the Lifetime Lease being less than the full market value. For this property, the Lifetime Lease price is £214,500, which is 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, and a shower room, as well as a conservatory, front and rear gardens, and a garage. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.