Initial price	£159,000
04/04/25	£158,500
Price Change	-0.31%

This property, an end-of-terrace home in Cowes town centre, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. This type of lease allows individuals aged 60 or over to secure the property with a share of the value, saving between 20% to 50% of the full market value. The property itself has three bedrooms, a lounge, dining room, kitchen, and bathroom, and is situated close to shops, pubs, and eateries, as well as mainland connections via the high-speed catamaran. The market value of the property is £240,000, but the cost to purchase the Lifetime Lease is £158,500, representing a 33% saving.