Initial price	£119,500
15/12/25	£119,000
Price Change	-0.42%

This property, a renovated first-floor flat, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, with the cost being less than the full market value. For this property, the Lifetime Lease price is £119,000, which is a 33% saving on the market value of £180,000. The property features a designer kitchen, shower room, and three bedrooms, and is located near Cowes, with its sailing clubs, pubs, and shops. The plan allows individuals to purchase a share of the property value, up to 50%, to safeguard for the future.