Wheeler Way, Shanklin PO37 2 bed detached bungalow for sale

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Wheeler Way, Shanklin PO37 2 bed detached bungalow for sale

Wheeler Way, Shanklin PO37
£204,500

Price History

Initial price £205,000
20/05/25 £204,500
Price Change -0.24%

Description

This detached bungalow in a sought-after cul-de-sac is available for purchase through a Home for Life Plan, which allows individuals aged 60 or over to secure the property with a Lifetime Lease and a share of the property value. The cost of the Lifetime Lease is typically 20-50% less than the full market value, with the current price being £204,500 for this property, which has a market value of £310,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the price will vary depending on the individual's age, personal circumstances, and requirements. The property itself features a level plot, easy access, and a sun lounge with views of the garden, making it an attractive retirement home.