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2 bedroom detached bungalow for sale
Grange Drive, Newport, Isle of Wight
£181,500
Grange Drive, Newport, Isle of Wight
£181,500
Our Summary
- The garden offers some potential to make it your own and is fully enclosed
Description
This detached bungalow, located on the edge of Newport, is available for purchase through a Lifetime Lease from Homewise's Home for Life Plan. The plan allows individuals aged 60 or over to purchase a share of the property value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is £181,500, which is a saving of 33% compared to the full market value of £275,000. The property itself is well-presented, with a good-sized plot and an enclosed garden to the rear. The rooms are spacious, including a lounge with sliding doors to a sun room, and there is also a garage and driveway. The property is being marketed by Homewise as an example of a property that can be purchased using a Home for Life Lifetime Lease, but it is not exclusively for sale to over-60s.