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North Road, Shanklin, Isle of Wight

South East

£220,000

Listed on 24/09/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
901 sqft

Description

This two-bedroom detached bungalow in Shanklin offers a unique opportunity for versatile single-level living. The property features a spacious lounge/dining room that connects seamlessly to a conservatory, providing an abundance of natural light and additional living space. The kitchen is equipped with a range of wall and base units, offering practical functionality with direct access to the outside. Both bedrooms are well-proportioned, making them suitable for a couple, small family, or as guest rooms or home offices. The bathroom includes a bath with a shower above, complemented by a separate additional WC for convenience. Outside, the bungalow boasts its own private garden, complete with lawn and paved areas, ideal for outdoor seating and recreation. The garden also includes a timber shed for storage. While the property is well-positioned near Shanklin's shops, transport links, and beautiful coastline, it presents potential for updating and personalisation, allowing the next owner to create a home tailored to their taste. With its comfortable living spaces and desirable location, this bungalow is an excellent prospect for those seeking a coastal retreat with room for improvement.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

55out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This two-bedroom detached bungalow in Shanklin presents a compelling opportunity for buyers looking to create a home tailored to their tastes. Priced at £220,000, this asking figure is notably cheap compared to the local average of £275/sqf, making it an attractive entry point for those willing to invest in improvements. The property features versatile single-level living with a spacious lounge/dining room, a conservatory that invites natural light, and a good-sized garden perfect for outdoor activities.

While the condition is average overall, the potential for updating in several areas, including the kitchen and bathroom, allows for a project that can enhance both the property's value and your enjoyment of the space. However, it's worth noting that all-in costs, which include purchase and renovation, appear tight against local benchmarks. With a medium renovation scale, there’s room to truly make this bungalow your own, capitalizing on its desirable location near the coast and local amenities.

Key opportunities

  • Versatile living space with a conservatory that can be updated to enhance natural light.
  • Good-sized garden suitable for outdoor recreation and personal landscaping.
  • Opportunity to modernize the interiors, creating a home that reflects personal style.

Key risks

  • Medium project scale; careful budgeting will be needed to manage renovation costs.
  • Potential damp concerns noted in several areas may require attention.
  • Market volatility could affect future value; consider local economic factors.

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Map

Location

North Road, Shanklin, Isle of Wight
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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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
£831
Based on a loan of £165,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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