Initial price	£248,000
07/07/25	£247,500
18/07/25	£227,500
07/09/25	£228,000
14/10/25	£215,000
Price Change	-13.31%

This detached modern bungalow in Shanklin is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is available for those aged 60 or over to secure with a lifetime lease, which can save them between 20% to 50% of the full market value. The current guide price for the Lifetime Lease is £215,000, which is based on an average saving of 33%. The property itself is spacious and features a stunning conservatory, integral garage, and plenty of living space. It is being sold chain-free and is expected to generate a lot of interest.