2-bedroom flat · PO37 7BG
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- First Floor Flat Close To Shanklin Town Centre - Two Bedrooms - Moments from Shanklin Beach and Attractions - Allocated Parking To Side - Good Investment Yield - Chain Free Sale Summary Situated just a short walk from Shanklin esplanade this character first floor flat is one of 4 in a small block in a popular area of town.
The flat offers good sized accommodation with 2 bedrooms, a lounge, separate kitchen and family bathroom. There is also an usually large entrance hall with plenty of storage.
The flat has previously been rented out with good returns so could make an ideal investment buy or equally a lovely first home for someone.
Offered to the market chain free there is also an allocated parking space to the side.
Entrance Hall 4.45m x 1.55m 14'7" x 5'1" First Floor Landing Kitchen 3.23m x 1.57m 10'7" x 5'2" Living Room 4.24m x 3.02m 13'11" x 9'11" Bedroom 1 3.94m x 3.02m 12'11" x 9'11" Bedroom 2 2.54m x 2.34m 8'4" x 7'8" Bathroom 2.67m x 1.65m 8'9" x 5'5" Outside - Allocated Parking Space Services - Gas Central Heating - All Mains Connected Tenure - Leasehold 999 years from 1996 A 25% share of the freehold in 41 Avenue Road, Shanklin will also be available with this property.
Please make enquiries with your solicitors before proceeding. Council Tax Band A EPC C
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 Avenue Road, Shanklin
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