Initial price	£119,500
29/12/24	£119,000
Price Change	-0.42%

This modern first-floor apartment is situated in Shanklin, just a short walk from the town center and train station. It offers a generous size with a balcony overlooking communal gardens, an allocated parking space, and a storage cupboard. The property is ready to move into and is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, which allows those aged 60 or over to secure the property with a share of the value, saving up to 50% of the market value. The plan is offered through Homewise, which does not own the property and is not exclusively for sale to over-60s. The market value of the property is £180,000, but the Lifetime Lease price is £119,000, representing a 33% saving.