This charming terraced cottage, located within walking distance of Totland Bay Beach, 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, with a lifetime lease that can be secured for a cost less than the full market value. The property itself features period details, triple-glazed windows, and three bedrooms, with a lounge, kitchen, and bathroom. The property is surrounded by front and rear gardens and is conveniently located near local bus routes. The asking price for the Lifetime Lease is £119,000, based on an average saving of 33% of the market value of £180,000.