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2 bedroom detached bungalow for sale
Merrie Gardens, Lake, Isle of Wight
£185,000
Merrie Gardens, Lake, Isle of Wight
£185,000
Price History
| Initial price | £185,500 |
| 28/10/25 | £185,000 |
| Price Change | -0.27% |
Description
This detached bungalow is being offered for sale with the option to purchase a Lifetime Lease through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure the property with a share of the value, typically saving between 20% to 50% of the market value. The property, located on the Merrie Gardens estate, offers a peaceful lifestyle and scope to put one's own stamp on it. With three bedrooms, a lounge, kitchen, and separate shower room and toilet, the property also features front and rear gardens, a garage, and driveway. The Lifetime Lease price for this property is £185,000, based on an average saving of 33%, compared to the market value of £280,000. Potential buyers can use Homewise's calculator to get an indication of their potential savings and can contact Homewise for a personalized quote.