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2 bedroom flat for sale
Fellows Road, Cowes, Isle of Wight
£85,750
Fellows Road, Cowes, Isle of Wight
£85,750
Price History
Initial price | £96,250 |
05/10/25 | £95,750 |
10/10/25 | £85,750 |
Price Change | -10.91% |
Description
This top-floor flat in Cowes is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure a lifetime lease and a share of the property value. The plan offers a significant saving, typically between 20% to 50%, on the full market value of the property, which in this case is £130,000. The lifetime lease price for this property is £85,750, based on an average saving of 33%. The property itself features a spacious layout, with three bedrooms, a shower room, lounge, and kitchen. It also benefits from allocated parking and a communal garden. The Home for Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using this plan.