3-bedroom flat · PO37 6EA
Under offerListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the ever-popular coastal town of Shanklin on the picturesque Isle of Wight, this well-presented three-bedroom ground-floor flat offers spacious and versatile accommodation, ideal as either a holiday retreat or a comfortable permanent residence.
The property benefits from allocated parking to the front and can be accessed via its own private entrance or through a well-maintained communal entrance, providing flexibility and convenience.
Internally, the accommodation comprises a generous lounge which opens directly onto a private balcony, creating a light and airy living space, perfect for relaxing or entertaining.
The lounge flows seamlessly into a good-sized open-plan kitchen, offering ample workspace and storage.
There are three well-proportioned double bedrooms, all providing comfortable accommodation, along with a family bathroom.
To the rear, the property enjoys a private courtyard garden — an ideal low-maintenance outdoor space for alfresco dining or unwinding in privacy.
Situated just a short distance from Shanklin’s seafront and esplanade, with its golden sandy beaches, the home is also conveniently close to the High Street, where you will find a variety of shops, bars, cafés and restaurants.
This is a superb opportunity to acquire a spacious coastal home in a sought-after location, perfectly suited for holiday use, investment, or year-round living.
Local Authority - Isle of Wight Council Council Tax Band - C Tenure - Leasehold GROUND FLOOR Private Entrance or Communal Entrance Entrance Hall Kitchen 16'9 x 8'7 Lounge 16'9 x 11'6 Bedroom 1 13'5 x 10'5 Bedroom 2 11'6 x 10'9 Bedroom 3 8'4 x 8'1 Bathroom OUTSIDE Raised Balcony Private Courtyard 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.
Area
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FAQ
About Shanklin, Isle of Wight
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