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The Mews, Church Road

South East

£250,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Not Specified
Area
1156 sqft

Description

This property presents a unique opportunity in the picturesque Old Village area of Shanklin, featuring two ground-floor retail units along with a residential flat located above. Built around 2011, the property offers flexible mixed-use potential, perfect for investors or those interested in a live/work setup. The spacious residential flat, accessed via an external staircase, has modern finishes and an open-plan layout that maximizes natural light. The retail spaces are primed for ongoing commercial activity or may be transformed into additional residential units with the right planning permissions. With three designated parking spaces and a tranquil setting just off the main road, the location is ideal for tapping into seasonal tourism as well as local lifestyle markets. This property holds significant potential not only for personal use but also as an investment venture in one of the Isle of Wight's charming communities.

Investment Analysis

(PO37 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£216/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£363,741
10% above area average per sq ft
Potential ROI
+7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO37)

Area prices are falling by -4.7% over the last 12 months
3 year growth: +2.9%
5 year growth: +3.2%
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

The Mews, Church Road
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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

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