3-bedroom flat · PO37 6QS
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in a highly sought-after location in close proximity to Shanklin Old Village and Waterfront is this distinctive duplex apartment.
Built in 1889 Shanklin Manor is steeped in character and history, it was beautifully converted into individual units in around 2007.
Occupying the first and second floors, the home features three well-proportioned bedrooms, combining period character with modern living.
One of the standout features is the large roof terrace, (over 1000 sq. Ft).
Newly refurbished with composite decking and porcelain paving this private space offers stunning views across the surrounding area-perfect for entertaining or relaxing in complete privacy.
The property also benefits from two allocated parking spaces, beautifully maintained communal gardens within a private and peaceful setting, private balconies, and ample storage cupboards.
A truly rare opportunity to acquire a unique style property in one of Shanklin’s most desirable and historic locations.
Entrance Hall WC Bedroom 3 (3.12m x 2.29m) 10'3" x 7'6" Living Room (8.4m x 6.27m) 27'7" x 20'7" Kitchen (4.67m x 4.2m) 15'4" x 13'9" First Floor Landing Bedroom 1 (4.78m x 4.06m) 15'8" x 13'4" Ensuite Shower Room Balcony (1.83m x 1.22m) 6' x 4' Bedroom 2 (4.37m x 3.53m) 14'4" x 11'7" Ensuite Shower Room Balcony (1.83m x 1.22m) 6' x 4' Bathroom (2.87m x 2.2m) 9'5" x 7'3" Communal Areas - Visitor Parking.
- Gardens and Grounds. - Ground Floor Communal Storage Room. - Large Common Entrance with Chesterfield Sofas. - Bicycle Shed.
Fixtures & Fittings The current owners currently utilise the property as a successful holiday let. Some fixtures and fittings will be available at separate negotiation.
Services - All Mains Connected. - Gas Central Heating with Megaflow hot water cylinder and Heatmiser remote controls. - UPVC Double Glazed.
EPC Tbc Council Tax Band E Charges Service Charge: £4747.10 Per Annum. Annual Reserve Fund: £946.95.
(Apartment 10 is currently exempt from paying this as they have a credit balance of in excess of £12,000). Tenure Share of Freehold (999 year lease from January 2007).
Buyers Note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 10, Shanklin Manor,, Manor Road, Isle of Wight
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