Initial price	£281,000
11/09/25	£258,000
Price Change	-8.19%

This detached chalet bungalow in Ryde 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 that allows individuals aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself features a spacious layout, including a lounge, dining room, kitchen, conservatory, and three bedrooms, as well as a detached garage and driveway. The Lifetime Lease price for this property is £258,000, which is a saving of 33% compared to the market value of £390,000. The 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 or exclusively market it to over-60s.