Single-level living with annex potential in a quiet rural village.
Spacious detached bungalow on generous corner plot
Set on a generous corner plot in Tilney St Lawrence, this detached bungalow offers substantial single-storey living and versatile accommodation. The property includes a 21ft garage with remote-controlled door and a self-contained annex-style area with its own entrance and shower room — useful for multi-generational living or a home office. Large, private rear garden and double glazing installed after 2002 add practical appeal.
This home is offered as an example for Homewise’s Home for Life Lifetime Lease for buyers aged 60+, with a guide Lifetime Lease price of £187,500 (market price £279,995). The Lifetime Lease typically delivers savings of around 20–50% depending on age and circumstances; purchasers can also buy up to a 50% share to safeguard future value. The property is chain free.
Practical drawbacks are clear and important. The bungalow requires updating throughout — the living room and some fittings date from the 1980s and modernisation is needed. Heating is oil-fired with a boiler and radiators (not a community supply) and the original cavity walls are assumed uninsulated, which will affect running costs. Flooding risk is listed as medium and tenure details must be confirmed with a solicitor. The Homewise offer is restricted to those over 60; others would pay the full market price.
For an older buyer seeking single-level living with scope to personalise and potential to secure part ownership through a Lifetime Lease, this property presents strong potential. Verify tenure, services and any planning/consent for the annex area before proceeding.
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