Initial price	£215,000
19/03/25	£214,500
Price Change	-0.23%

This detached bungalow is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan 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 is located in a prime spot near Totland Bay beach and Tennyson Downs, with a large grass frontage and ample space for a family or multiple uses. The bungalow offers a mix of comfort, relaxation, and potential for personalization, with five bedrooms, a lounge, kitchen, dining area, bathroom, and cloakroom. The property's market value is £325,000, but with the Home For Life Plan, the Lifetime Lease price is £214,500, representing a saving of 33%. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future.