2 bedroom detached bungalow for sale

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2 bedroom detached bungalow for sale

Grange Drive, Newport, Isle of Wight
£182,000

Our Summary

  • The garden offers some potential to make it your own and is fully enclosed

Description

This detached bungalow is available for purchase through Homewise's Home for Life Plan, which allows those aged 60 or over to secure the property with a lifetime lease and a share of the property value. The plan allows customers to purchase up to 50% of the property value, with the cost being less than the full market value. For this property, the lifetime lease price is £182,000, representing a 33% saving on the market value of £275,000. The property itself is a well-presented detached bungalow with a good-sized plot, an enclosed garden, and a sun room with sliding doors. The rooms are well-proportioned, and the property has potential for further development.