Roseway, Sandown PO36 2 bed detached bungalow for sale

>

Roseway, Sandown PO36 2 bed detached bungalow for sale

Roseway, Sandown PO36
£198,000

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 those aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The Lifetime Lease price for this property is £198,000, which is a saving of 33% on the market value of £300,000. The property is located on a quiet road on the outskirts of Lake, within walking distance to local shops and a short drive to Sandown and Shanklin towns and beaches. It features a good-sized enclosed garden, a garage with a long driveway, and is in need of modernisation throughout. The Home for Life Plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, and is a unique opportunity for those aged 60 or over to secure a property with a lifetime lease.