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2 bedroom detached bungalow for sale
Roseway, Lake, Isle of Wight
£188,500
Roseway, Lake, Isle of Wight
£188,500
Our Summary
- The bungalow itself is in need of some modernisation throughout
- In need of some modernisation throughout
Description
This detached bungalow is being offered for sale through a Home for Life Plan, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The plan is offered through Homewise, which does not own the property and is not exclusively for sale to the over-60s. The property itself is situated on a quiet road on the outskirts of Lake, within walking distance of local shops and a short drive from Sandown and Shanklin towns and beaches. The bungalow is in need of modernization throughout and features a good-sized enclosed garden, garage, and driveway. The price of the Lifetime Lease is £188,500, which is less than the full market value of £285,000, with customers typically saving between 20% to 50%.