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See how verdicts work2-bedroom detached house · PO37 6AE
Listing removedReduced £5.5k (−2.1%) on 21 MayListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern detached bungalow is tucked away just off Prospect Road.
The nearby town centre with a variety of shops, the seafront with miles of sandy beaches, and the local train with mainland ferry connections are all within easy walking distance.
The well-presented accommodation comprises 2 bedrooms (1 en suite), lounge/dining room, kitchen, and bathroom.
Additionally, the property benefits from a decked area accessed from the lounge, and an allocated parking space.
The convenient location, well-presented accommodation and parking makes this an ideal home for anyone looking to enjoy the many benefits of Island life in one of its most popular coastal towns.
A viewing is recommended to appreciate everything this fantastic bungalow has to offer!
Entrance Hall - Lounge/Dining Room - 6.07m x 3.53m max (19'11 x 11'7 max) - Kitchen - 3.07m x 2.77m (10'1 x 9'1) - Bedroom 1 - 3.96m x 2.77m (13' x 9'1) - En Suite (Currently A Utility Room) - 2.18m x 1.32m (7'2 x 4'4) - Bedroom 2 - 2.90m x 2.69m (9'6 x 8'10) - Bathroom - 2.13m x 1.57m (7' x 5'2) - Outside - To the front of the property there is a paved area leading to the front door with storage at the side.
A decked area can be accessed directly from the lounge/dining room. There is a gravelled area to the side of the property with gated access to Palmerston Road.
There is an allocated parking space on Prospect Road with steps leading down to the property. Services - Unconfirmed: gas, electric, telephone, mains water and drainage.
Council Tax - Council Tax Band C - Please contact The Isle of Wight Council on .
Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Close To Local Amenities * Shanklin
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