<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: This terraced house in East Cowes is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The property, which needs some renovation, offers ample space throughout and a sunny rear garden. The Home For Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost being less than the full market value. The current guide price for the Lifetime Lease is £112,500, representing a saving of 33% on the market value of £170,000. The property is being sold with the option to purchase a share of the property value, and interested parties can use Homewise's calculator to get an indication of what they could save.