Initial price	£86,250
17/08/25	£85,750
Price Change	-0.58%

This property, a well-proportioned top-floor apartment in Cowes Town Centre, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows those aged 60 or over to secure the property with a lifetime lease, saving between 20% to 50% of the market value. The cost to purchase the lifetime lease for this property is £85,750, based on an average saving of 33%, which is less than the market value of £130,000. The property itself features an entrance hall, one double bedroom with built-in wardrobe, bathroom, and an open-plan living room incorporating a kitchenette, dining area, and lounge space.