3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Chatsworth Avenue, Shanklin, Isle of Wight
£247,500

Price History

Initial price £248,000
08/07/25 £247,500
Price Change -0.20%

Description

This detached modern bungalow in Shanklin is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property features an elevated position, wonderful gardens, a stunning conservatory, and an integral garage. The Home For Life Plan from Homewise allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost typically being less than the full market value. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future. The price of the Lifetime Lease for this property is £247,500, which is 33% less than the market value of £375,000.