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Shanklin Renovation Opportunity***

South East

£299,000

Listed on 03/06/2026

Property Details

Bedrooms
6
Type
Detached

Description

This spacious detached residence is ideally situated on the edge of the town centre, providing easy access to local shops, amenities, and transport links, as well as proximity to the beach and esplanade. The property offers a substantial layout that is ripe for refurbishment and modernisation. With some updates and personal touches, this home has significant investment potential reflected in its current state. Key features include off-street parking, a rear garden, and partially upgraded uPVC double glazing. Offered with no onward chain, an internal viewing is highly encouraged to fully appreciate the possibilities this home presents. The accommodation consists of an entrance hall, multiple reception rooms including a sitting room and lounge, a versatile dining room/bedroom 7, a wet room leading to a store room, and a kitchen. The first floor includes five bedrooms along with additional office space and shower facilities. Ideal for those looking to customize their living space or invest in a property with great potential.

Investment Analysis

(PO37 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£191
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO37)

Area prices are falling by -4.3% over the last 12 months
3 year growth: +1.1%
5 year growth: -0.2%
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

Shanklin Renovation Opportunity***
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,130
Based on a loan of £224,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-8.0% since listed
£299,000£26,000(-8.0%)
03/01/2026
Current price
£325,000Initial listing
06/12/2025

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