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Church Road, Shanklin

South East

£750,000

Listed on 03/06/2026

Property details

Bedrooms
30
Type
Detached

Description

This property presents a noteworthy opportunity for investors and developers looking to transform a former hotel in the picturesque Shanklin Old Village. Spanning approximately 3,000 sq m (32,000 sq ft), this vacant building offers significant potential for refurbishment or redevelopment, with various possibilities for its future use subject to necessary planning approvals. Once known as Holliers Hotel, the property features a versatile layout that historically included around 30 en-suite bedrooms along with extensive communal areas such as bars, dining rooms, and leisure facilities. The distinctive character of the building is enhanced by its attractive period architecture and prominent location on Church Road. With ample parking and garden spaces, this site provides an advantageous setting within a desirable neighbourhood known for its charm and tourism appeal. While the physical condition of the property indicates that substantial work is needed to bring it up to modern standards, it serves as a blank canvas ready for creative reimagination. Prospective buyers can explore options ranging from reinstating its original hospitality function to converting it into residential units or mixed-use spaces, thereby capitalizing on the area’s vibrant local atmosphere. The property is situated within the Shanklin Conservation Area but is not statutorily listed, thus offering flexibility subject to regulatory considerations. This highly individual opportunity stands out in one of the Isle of Wight's most established tourist destinations.

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Investment analysis

(PO37 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£191
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
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

Church Road, Shanklin
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 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.

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