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See how verdicts work3-bedroom flat · PO37 6ER
Sold STCReduced £9.9k (−4.1%) on 26 OctListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Beautifully Presented Top Floor Apartment Close to the Coast Situated within a modern and well-maintained development, this impressive three-bedroom top floor apartment offers spacious, contemporary accommodation in one of Shanklin’s most desirable locations.
Just a short walk from the coastal path, the sandy beaches of Shanklin and Hope Beach, and the town’s excellent range of amenities, the property is equally well suited as a permanent home or a holiday retreat.
Built in recent years, the development has been finished to a high standard and continues to be exceptionally well maintained, offering the benefits of energy-efficient, low-maintenance living.
The apartment can be accessed by both lift and stairs, providing convenience and accessibility.
The accommodation is generously proportioned throughout, with a superb open-plan kitchen, dining and living area forming the heart of the home.
This bright and welcoming space opens onto a private balcony, where there are attractive views across to the English Channel, providing the perfect place to relax and enjoy the coastal setting.
There are three well-sized double bedrooms, including a spacious principal bedroom with a contemporary en-suite shower room.
The remaining two bedrooms are served by a stylish family bathroom, creating a practical layout for families, visiting guests or those looking for additional space.
The property also benefits from an allocated parking space, adding to its practicality and ease of ownership.
Combining generous accommodation with modern finishes and an excellent coastal location, this apartment presents a rare opportunity to enjoy comfortable, low-maintenance living within easy walking distance of Shanklin’s beaches, coastal walks and local amenities.
Whether as a main residence, second home or holiday property, it offers an appealing balance of space, quality and convenience.
Local Authority - Isle of Wight Council Council Tax Band - B Tenure - Leasehold GROUND FLOOR Lift or Stairs to SECOND FLOOR Entrance Hall Living Area 23'10 x 12'6 Bedroom 12' x 10'8 Bedroom 11'4 x 10'9 Bedroom 11'5 x 12' En-suite Bathroom OUTSIDE Allocated Parking Space
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.
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