Initial price	£198,500
08/07/25	£198,000
Price Change	-0.25%

This modern detached bungalow 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 discounted price, with a guide price of £198,000 for this property, which is £102,000 less than the market value of £300,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself is a spacious bungalow with a nice mix of living and bedroom spaces, a secluded rear garden, and a garage. It is situated on the outskirts of Shanklin and Lake, just a short walk from the local supermarket. The property also benefits from solar panels on the roof, making it an affordable and eco-friendly option for retirement.