This property is a ground floor apartment that is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future. The cost to purchase the Lifetime Lease is less than the full market value, with a guide price of £60,000 for this property, which is £30,000 less than the market value of £90,000. The property itself is in need of modernisation and is located in a convenient area with easy access to Sandown and Shanklin towns and beaches. It comes with an allocated parking space and a small patio area to the front. Due to a short term remaining on the lease, the property is only suitable for cash buyers.