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Upperbrook, Shanklin Old Village

South East

£350,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1012 sqft

Description

Presenting a distinctive opportunity to acquire this charming detached thatched stone cottage, originally built in 1949, situated on a substantial plot of around 0.35 acres in the serene Shanklin Old Village. This property, known as Upperbrook, offers a unique blend of character and potential, allowing for personalized restoration and enhancements to create an exceptional residence. The home boasts two generous double bedrooms, two bathrooms (including an en-suite), along with two reception rooms and a separate kitchen—all of which are in need of modern updating. This allows buyers the freedom to design spaces tailored to their tastes. The tranquil garden at the rear provides a picturesque view over the natural beauty of Shanklin Chine’s wooded slopes, presenting ideal opportunities for outdoor living and landscaping. Additionally, there is a sizable two-storey garage that holds great conversion potential into a studio or home office space, pending necessary planning permissions—an appealing feature given current market trends. Importantly, Upperbrook is not a listed building, affording greater flexibility for any renovation and extension plans. This property represents a rare find in such a desirable setting, perfect for those looking to invest in a distinctive home that can be transformed into something truly special.

Investment Analysis

(PO37 area)

Above Market Value

This property is priced +23.2% above area average per sq ft

+23.2%
This Property
£346/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£312,531
10% above area average per sq ft
Potential ROI
-29.0%
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

Upperbrook, Shanklin Old Village
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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
£1,282
Based on a loan of £262,500 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