The Greenway, Niton PO38 3 bed detached bungalow for sale

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The Greenway, Niton PO38 3 bed detached bungalow for sale

The Greenway, Niton PO38
£218,000

Our Summary

  • In need of some redecorating works internally and maybe a program of further improvements in the future the bungalow has huge potential to the right buyer
  • In need of some modernisation

Description

This modern detached bungalow in the rural village of Niton is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The property is chain-free and in need of some redecorating works, but has huge potential for the right buyer. It features an enclosed garden, plenty of parking, and a garage. The Home for Life Plan allows buyers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost of the Lifetime Lease being less than the full market value. The plan is designed to save buyers between 20% to 50% of the market value, with an estimated saving of £112,000 on this property, bringing the price down to £218,000.