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Coronation Gardens, Shanklin, Isle of Wight

South East

£155,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
807 sqft

Description

This semi-detached home, steeped in character, presents a fantastic opportunity for refurbishment. Offering two bedrooms and a family bathroom, the property requires modernisation to reach its full potential. The lounge and separate kitchen provide a solid foundation for creating a contemporary living space, while the generous front and rear gardens offer outdoor possibilities. This chain-free sale allows for a swift transition into a project that could see this house transformed into your ideal first home or investment property. With appropriate renovations, this could serve as an attractive entry point into the housing market.

Investment Analysis

(PO37 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£192/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£191
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£251,263
10% above area average per sq ft
Potential ROI
+32.2%
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 -4.3% 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

Coronation Gardens, Shanklin, Isle of Wight
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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
£586
Based on a loan of £116,250 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

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