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Landguard Manor Road, Shanklin, Isle of Wight

South East

£325,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1179 sqft

Description

Nestled in a desirable area, this two-bedroom detached bungalow presents a compelling opportunity for renovation and investment. Currently in need of modernization, the property offers generous living spaces with room for reimagining and upgrades that can significantly enhance its value. The spacious layout includes a large living room and a dedicated dining area, which can be transformed into contemporary open-plan spaces to reflect modern lifestyle preferences. The sunroom adds an inviting touch, providing additional light and potential for varied use. The kitchen, while functional, awaits your personal touch to create an efficient culinary space. Outside, the property boasts an expansive garden that offers both privacy and potential for landscaping or expansion. The inclusion of a swimming pool and multiple outbuildings presents unique opportunities for outdoor entertainment or conversion into functional spaces—ideal for those looking to maximize their investment. Convenience is key, as this bungalow is situated near public transport routes and a range of local shops, making it an appealing choice for future tenants or homeowners. Furthermore, ample off-street parking is available with a large driveway and carport, accommodating multiple vehicles. This property stands out not only due to its structural potential but also because of its location advantages. For investors seeking a project with significant upside or individuals looking to craft their perfect home through renovations, this bungalow offers a blank canvas waiting to be transformed.

Investment Analysis

(PO37 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£276/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£364,105
10% above area average per sq ft
Potential ROI
-14.3%
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

Landguard Manor 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
£1,191
Based on a loan of £243,750 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