3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Binstead Lodge Road, Binstead, Ryde, Isle of Wight
£231,000

Price History

Initial price £231,500
05/01/25 £231,000
Price Change -0.22%

Description

This detached bungalow is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value. The Lifetime Lease price for this property is £231,000, which is a significant saving of 33% compared to the market value of £350,000. The property has undergone extensive renovation and features modern interiors, a driveway, garage, and a rear garden with a vegetable patch. It is situated in a quiet location with country walks nearby and is close to main transport links. The Home for Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using the plan.