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

This modern detached bungalow in Shanklin and Lake is a perfect retirement home, offering a mix of living and bedroom spaces. The property features a secluded easy-to-maintain rear garden and an extended area to the front, as well as a garage and solar panels on the roof. For those aged 60 or over, Homewise offers a Home for Life Plan, which allows them to purchase a Lifetime Lease and a share of the property value, saving between 20% to 50% of the full market value. The Lifetime Lease price for this property is £198,000, based on an average saving of 33%, compared to the market value of £300,000. This plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.