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3 bedroom detached bungalow for sale
Binstead Lodge Road, Binstead, Ryde, Isle of Wight
£215,000
Binstead Lodge Road, Binstead, Ryde, Isle of Wight
£215,000
Price History
| Initial price | £218,500 |
| 06/10/25 | £218,000 |
| 19/10/25 | £214,500 |
| 10/11/25 | £215,000 |
| Price Change | -1.60% |
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 Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, typically saving between 20% to 50% of the full market value. The Lifetime Lease price for this property is £215,000, based on an average saving of 33%, while the market value price is £325,000. The property itself offers good-sized accommodation, including an entrance hallway, lounge/dining room, kitchen, three bedrooms, shower room, and conservatory, set within a village with various amenities.