This property, a terraced house in East Cowes, is being marketed by Homewise as an example of a property that can be purchased using their 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 allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with prices typically 20-50% lower than the full market value. The property itself is in need of renovation and offers ample space throughout, with a sunny rear garden. The asking price for the Lifetime Lease is £112,000, based on an average saving of 33%, while the market value price is £170,000.