Summary - 140 Point Clear Road, St. Osyth CO16 8JA
3 bed 2 bath Detached Bungalow
Renovated three-bedroom bungalow with Homewise Lifetime Lease option for over-60s.
Lifetime Lease option for over-60s, typical 20–50% savings against full price
This recently renovated three-bedroom detached bungalow on Point Clear Road offers ready-to-move-in, single-storey living tailored to over-60s seeking a low-maintenance home. The accommodation is bright and spacious with a 23'7" lounge, modern kitchen with integrated appliances, an en suite to the principal bedroom and a large private plot with garage and driveway. All renovation work has been signed off by Building Control and certificates will be provided for peace of mind.
The property is being marketed as suitable for purchase through Homewise’s Home for Life Lifetime Lease for buyers aged 60+. That plan can reduce the up-front price substantially (typical savings 20–50%); the example Lifetime Lease guide price shown is £307,750 versus the full market price of £459,500. The plan also allows buyers to buy up to a 50% share in the property value to safeguard capital, but the exact price depends on age and personal circumstances.
Practical points to note: tenure and any restrictions are not confirmed in the paperwork provided, and prospective buyers should ask for full lease/tenure details. While the bungalow is presented in excellent decorative order and claims signed completion certificates, buyers should still verify gas/electrical systems and any rights or easements. The property sits in a village classified as having relatively high deprivation levels locally — consider local services and travel when evaluating suitability.
This property will suit downsizers and retirees wanting single-level living with flexible purchase options and little immediate renovation required. If you need to protect capital for the future while retaining a comfortable home, the Lifetime Lease option offers a real alternative to full market purchase; obtain a personalised Homewise quote and confirm tenure details before proceeding.
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