Compact, low-maintenance apartment ideal for independent over‑60s near town amenities.
Second-floor cliff-top retirement flat with communal gardens and resident parking
Modern, move-in ready interior; two bedrooms and a separate kitchen
Small overall size — approximately 463 sq ft (compact accommodation)
Share of Freehold with about 125 years remaining on the lease
Electric storage heating — consider potential running costs
Service charge around £2,720 per year; verify what it covers
Homewise Lifetime Lease option for 60+ buyers (illustrative price £99,000)
No flood risk; area classified as deprived — check local services
This second-floor, two‑bedroom retirement apartment sits on a cliff‑top position in Sandown with communal gardens and resident parking. The interior is presented in a modern style, ready to move into, and the living and bedroom proportions are helpful for flexible use as lounge and guest/bedroom space. The building is 1980s construction with double glazing and an enclosed mid‑terrace form.
The property is offered with a Share of Freehold and a long lease (approximately 125 years remaining). Electric storage heating and mains electricity are installed; broadband speeds are average and mobile signal is excellent. There is no flood risk recorded and local crime levels are low.
This apartment is being marketed with eligibility for Homewise’s Home for Life Lifetime Lease for buyers aged 60+, which typically reduces the purchase price (example guide price £99,000 against a £150,000 market value). Alternatively the full market price is available to any buyer; exact Lifetime Lease terms depend on age and personal circumstances.
Notable factors to check: the property has a relatively high annual service charge (c. £2,720) and a small overall internal size (circa 463 sq ft). Heating is electric storage, which can mean higher running costs; the local area is classified as more deprived, which may influence local amenities and resale. Prospective buyers should verify service charge cover, lease details, and suitability of electric heating for their needs.
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