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The Mews, Church Road

South East

£250,000
Listed on 15/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1156 sqft

Description

This property presents a versatile investment opportunity located in the charming Old Village of Shanklin. Comprised of two retail units on the ground level and a two-bedroom residential flat above, it is being offered as a single lot with immense potential for future development. Built in 2011 with mixed-use functionality in mind, the layout allows for various possibilities that could cater to changing market demands, pending requisite planning approvals. The residential flat, accessed through its own private staircase, boasts a modern design with spacious living areas and ample natural light. The open-plan lounge/kitchen/diner features integrated appliances and could benefit from minor updates to enhance its appeal. Both bedrooms are generously sized, while the bathroom is equipped but may require updates to meet contemporary standards. The commercial units hold significant potential; they can continue as retail spaces or be converted into additional residential units, subject to planning permission. Each retail unit includes essential amenities for operation, yet they may require cosmetic enhancements or structural adjustments based on intended use. With three designated parking spaces and a tranquil location just off the main road, this property is strategically positioned for seasonal trade and offers lifestyle advantages for both investors and owner-occupiers alike.

Investment Analysis

(PO37 area)

Below Market Value

This property is priced -23.4% below area average per sq ft

-23.4%
Potential saving
This Property
£216/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£358,782
10% above area average per sq ft
Potential ROI
+15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO37)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -3.0%
5 year growth: 8.0%
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

The Mews, Church Road
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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
£916
Based on a loan of £187,500 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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