Initial price	£248,000
08/07/25	£247,500
Price Change	-0.20%

This detached modern bungalow in Shanklin is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property features an elevated position, wonderful gardens, a stunning conservatory, and an integral garage. The Home For Life Plan from Homewise allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost typically being less than the full market value. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future. The price of the Lifetime Lease for this property is £247,500, which is 33% less than the market value of £375,000.