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Peacock Close, Shanklin

South East

£525,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached house, situated in a quiet cul-de-sac on the outskirts of Shanklin, offers a great opportunity for renovation and investment. While the property features spacious accommodation that includes gas central heating and double-glazed windows, it is in need of modernisation, providing a blank canvas for potential buyers to enhance and personalise to their taste. The layout includes a generous lounge/diner with French doors leading to the enclosed rear garden, an equipped kitchen with integrated appliances, and three well-proportioned bedrooms that could benefit from updating. Additional spaces such as an office, utility room, and a garage with workshop add further appeal. With ample parking and close proximity to countryside walks and local amenities, this property holds significant potential for those looking to create their ideal home.

Investment Analysis

(PO37 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO37)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.1%
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

Peacock Close, Shanklin
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,893
Based on a loan of £393,750 over 30 years at 4.06% 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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