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Western Road, Shanklin, Isle of wight

South East

£230,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1140 sqft

Description

This semi-detached three-bedroom house is conveniently situated near Shanklin Town, offering a unique opportunity for renovation and investment. Its chain-free status further enhances its appeal for those looking to embark on a transformative project. Upon entering, you’re greeted by a spacious entrance hall that leads to two generously sized reception rooms. The front lounge features double-glazed bay windows and an attractive open fire with a wooden surround, creating a cozy focal point. Adjacent to the lounge, the dining room has built-in cupboards and another gas fire, providing additional charm to the space. The heart of the home lies in the kitchen diner, which contains wall and base units along with marble-effect worktops. A feature fireplace adds character, while a large pantry cupboard offers practical storage solutions. Beyond the kitchen, a sunroom provides access to the rear and side gardens, allowing for ample natural light and outdoor connectivity. The first floor boasts three double bedrooms that are well-sized and versatile, perfect for reconfiguration or modernization according to personal taste. The family bathroom includes essential amenities such as a bath with mixer taps and a vanity sink unit, while there’s also a separate W.C. for added convenience. The outdoor space includes a raised patio area surrounded by flower beds and mature trees, alongside a stone courtyard that can be further developed into an inviting garden retreat. A side patio area also offers potential for additional access points or landscaping options. Given its need for modernization, this property presents an excellent opportunity for someone looking to invest in renovations that could significantly enhance its value in this sought-after location. With thoughtful updates, this home could be transformed into a stylish residence catering to modern lifestyles while retaining its original charm.

Investment Analysis

(PO37 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£202/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£352,061
10% above area average per sq ft
Potential ROI
+25.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO37)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -5.8%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on PO37 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Western Road, Shanklin, Isle of wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE