Initial price	£139,000
05/09/25	£138,500
Price Change	-0.36%

This modern luxury ground floor apartment is located in Shanklin, just a short walk from the beach and town center. The property features a private garden, en-suite shower room, and spacious accommodation. It's being marketed as an example of a property that can be purchased using Homewise's Home for Life Plan, which allows those aged 60 or over to secure a lifetime lease and a share of the property value. The cost of the lifetime lease is typically less than the full market value, with savings ranging from 20% to 50%. The property's market value is £210,000, but the lifetime lease price for those aged 60 or over is £138,500, based on an average saving of 33%.