3 bedroom detached house for sale

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3 bedroom detached house for sale

Recreation Ground Road, Newport, Isle of Wight
£152,000

Our Summary

  • Requiring some modernisation, a great property to put your stamp on
  • Timber non standard construction, potential boiling plot, available for cash buyers only

Description

This spacious detached property, located in a popular residential area, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property, which requires some modernization, offers a large driveway with parking for three cars and timber non-standard construction. The property's room sizes include an entrance hallway, lounge, dining room, cloakroom, study, kitchen, landing, three bedrooms, and a bathroom. The property can be secured with a Lifetime Lease, which allows individuals aged 60 or over to purchase a share of the property value, typically saving between 20% to 50% of the full market value. The cost of the Lifetime Lease for this property is £152,000, based on an average saving of 33%.
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