Summary - 56A SANDOWN ROAD LAKE SANDOWN PO36 9JT
4 bed 2 bath Semi-Detached
Lifetime-lease savings for over-60s with garden, parking and scope to modernise.
4 bedrooms and 2 shower rooms; conservatory and flexible layout
Private front and rear gardens with driveway parking for several vehicles
Home for Life Lifetime Lease option for buyers aged 60+ (guide price £145,500)
Long lease remaining (924 years) but property is leasehold — verify terms
Period brick exterior and character features; interior requires modernisation
Double glazing fitted before 2002; heating by mains gas boiler and radiators
Situated on main bus route, close to beaches, schools and local amenities
Average broadband speeds; area classed as relatively deprived
This four-bedroom semi offers a roomy, flexible layout and private front and rear gardens close to Sandown’s beaches. It includes two shower rooms, a conservatory and off-street parking — useful for visitors and occasional stayers. The property is suitable as a retirement/downsizing option and is on a main bus route with local shops and amenities nearby.
The Home for Life Lifetime Lease provides a discounted purchase route for buyers aged 60+, with a guide lifetime-lease price of £145,500 (market value £220,000). The plan lets purchasers buy up to 50% of the property to safeguard some capital; actual price depends on age and personal circumstances. Lease details show a long remaining term (924 years).
The house dates from the early 20th century and retains period brickwork, but interiors need modernisation: fixtures are dated, the living room appears cluttered and some updating of kitchens/bathrooms is likely. Double glazing was installed prior to 2002 and heating is mains gas with a boiler and radiators.
Practical negatives to note: the property is leasehold and marketed through a lifetime-lease scheme for over-60s (not exclusively for sale that way), broadband speeds are average, and the surrounding area is classified as relatively deprived. Buyers should verify tenure, lease terms and any planning/consent history before proceeding.
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