Headon Cottages, Totland Bay PO39 2 bed terraced bungalow for sale

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Headon Cottages, Totland Bay PO39 2 bed terraced bungalow for sale

Headon Cottages, Totland Bay PO39
£254,000

Price History

Initial price £254,500
01/07/25 £254,000
Price Change -0.20%

Description

This property, a mid-terrace bungalow, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future, with a potential saving of 20-50% of the full market value. The property itself offers stunning views of The Needles, and features two bedrooms, each with an en-suite shower room, as well as a kitchen, lounge, and allocated parking. The property also has access to large communal gardens and a private beach, making it ideal as a holiday home or lock-up-and-leave property. The price of the Lifetime Lease for this property is £254,000, based on an average saving of 33%, which is less than the full market value of £385,000.