Initial price	£218,500
08/06/25	£218,000
14/06/25	£198,000
06/07/25	£198,500
Price Change	-9.15%

This modern detached bungalow in the rural village of Niton is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is chain-free and has huge potential for the right buyer, with an enclosed garden and plenty of parking available, including a garage. The bungalow requires some redecorating works internally and possibly a program of further improvements in the future. The Home For Life Plan allows individuals 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 price of the Lifetime Lease for this property is £198,500, which is based on an average saving of 33% off the market value of £300,000.