Granville Rise, Totland Bay PO39 3 bed detached bungalow for sale

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Granville Rise, Totland Bay PO39 3 bed detached bungalow for sale

Granville Rise, Totland Bay PO39
£346,500

Price History

Initial price £347,000
29/11/25 £346,500
Price Change -0.14%

Description

This stunning cottage in Totland, Isle of Wight, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The property features picturesque views, charming gardens, and a summer house, perfect for relaxing outdoors. Inside, the cozy lounge has a log burner, and the kitchen-dining area opens onto decking with a pergola. The property is conveniently located near Totland Beach and scenic footpaths, making it an ideal retreat for those seeking tranquility and accessibility. The Lifetime Lease price for this property is £346,500, based on an average saving of 33%, which is less than the full market value of £525,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future.