Summary - 838 Newman Lane, Chale, Isle of Wight PO38 2JG
2 bed 1 bath Detached Bungalow
Quiet two-bed bungalow with loft rooms, garage and Home for Life option.
Detached two-bedroom bungalow with countryside views over farmland
Set in rural Chale with sweeping views over adjacent farmland, this detached two-bedroom bungalow offers roomy, flexible accommodation and generous gardens with garage and driveway. The property’s mid-century stone character, two useful loft rooms and a mezzanine storeroom add practical space and charm, making it attractive for retirees seeking quiet country living.
This home is offered with a Home for Life Lifetime Lease example price of £297,500 for eligible over-60s (guide only; actual price varies by age and circumstances). The full market price is £450,000. Tenure is freehold and the plot is small but well-proportioned for the house and parking. The location has low crime, excellent mobile signal and easy access to countryside walks.
Buyers should note material practical points: the house was built before 1900 with stone walls assumed uninsulated, heating is via electric storage heaters, and broadband is very slow. Council tax is above average. The home presents clear scope for improvement and updating (electrical/insulation checks recommended) — a good opportunity for someone prepared to modernise to improve comfort and energy efficiency.
Overall, this bungalow suits a retired buyer seeking a peaceful rural base with immediate accommodation and longer-term potential, or an over-60 purchaser looking to use a Lifetime Lease to reduce upfront cost while retaining a share option for the future.
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