Summary - Flat 3, Fern Lodge, East Yar Road PO36 9FG
2 bed 1 bath Apartment
Low-maintenance retirement living close to beaches and town amenities.
First-floor two-bedroom apartment, move-in ready
A neatly presented two-bedroom first-floor apartment in Sandown, offered with a Home for Life Lifetime Lease option for buyers aged 60+. The interior is modern and move-in ready, with a light living/dining room, fitted kitchen and a well-proportioned main bedroom. Communal gardens, allocated off-street parking and washing lines add low-maintenance outdoor space.
The property is being marketed with two price routes: the full market price of £145,000, or a Lifetime Lease guide price of £96,250 (example saving ~33%) through Homewise for eligible over-60s. The Lifetime Lease lets you buy a percentage share (up to 50%) to safeguard some value while lowering upfront cost; the exact price depends on age and circumstances. Leasehold details show a long remaining term (981 years) and a below-average service charge of £636.
Practical features include gas central heating, double glazing and fast broadband with excellent mobile signal. The home sits close to beaches, the town centre and transport links, making it suitable for retirement living or as a rental/investment. Buyers should note the immediate locality shows higher crime levels and pockets of deprivation, which may affect suitability and resale expectations.
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