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2 bed flat for sale

£119,950

Regent Street, Shanklin PO37

2 1 1
Interested in this property? Call +44 1983 507848 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Central location
  • 12 month residents parking permit
  • 2 bedrooms
  • Ideal buy to let
  • Available on help to buy

Property description

Agents comments Located in the heart of Shanklin's Victorian town centre is this brand new, two bedroom, second floor apartment. Everything you will need for daily life is within easy reach making it a very practical place to live, whilst being within close proximity to the golden, sandy beach and Old Village also makes the property a great choice for anybody looking for a 'lock up and leave' holiday home. The apartment would also be an excellent choice of property for the busy 'buy to let' market. The property is available on the help to buy scheme making it ideal for the first time buyer who wants a new build apartment. Including a 12 month residents parking permit for the car park at the rear of the property. A local mortgage broker has given us figures on the Help to Buy scheme with 5% deposit of £5997 (can be gifted) plus the Help to Buy equity loan of £25,000. This leaves a mortgage of approximately £88,953 which would cost approximately £300pcm.

First floor

Entrance hall

Kitchen/diner 13'5 x 7'4

Bedroom 1 10'10 x 9'1

Bedroom 2 10'10 x 8'5

Bathroom

Property info

Market activity
Average price paid £209,763 Sales 176 Current average value £248,172 (Zoopla Zed-Index) Value change £2,717 ▲ 1.11%

Property value data/graphs for PO37

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £342,165 £260 3.6 £307,727
Semi-detached £225,129 £234 3.1 £197,232
Terraced £209,406 £270 2.7 £179,055
Flats £167,723 £238 1.8 £146,212

Current asking prices in PO37

Average: £216,926
Avg. current asking prices in PO37
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £125,000
(2)
£164,990
(5)
£202,083
(6)
£292,079
(12)
£497,500
(2)
Flats £96,035
(10)
£138,366
(22)
£305,000
(2)
- -
All £100,862
(12)
£143,296
(27)
£227,812
(8)
£292,079
(12)
£497,500
(2)

Current asking rents in PO37

Average: £559 pcm
Avg. current asking prices in PO37
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £598 pcm
(1)
- - -
Flats £533 pcm
(2)
£562 pcm
(4)
- - -
All £533 pcm
(2)
£569 pcm
(5)
- - -

Fun facts for PO37

Highest value in PO37
Highest value streets Zed-Index
Eastcliff Road £492,811
Vaughan Way £459,758
Rushclose £447,980
Priory Road £443,943
St. Boniface Cliff Road £397,877
Highest turnover in PO37
Highest turnover streets Turnover
Whitecross Avenue 46.3%
Northcliff Gardens 43.2%
Newbridge Close 42.9%
Donnington Drive 41.4%
St. Pauls Crescent 40.0%

What Zoopla users think of Shanklin

Overall rating:

  • currently 4 stars
Very good - 83% (21 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Shanklin:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Shanklin (0.2 miles)
  • Lake (1.2 miles)
  • Sandown (2.0 miles)
  • Southampton Airport (23.4 miles)
  • Bournemouth Airport (30.9 miles)
  • Shoreham Airport (41.1 miles)
  • Ryde Hoverport (7.1 miles)
  • Fishbourne IOW Ferry Terminal (7.2 miles)
  • Ryde Pier Head Ferry Terminal (7.6 miles)

Nearby schools

View all schools in Isle of Wight
  • St Blasius Shanklin CofE Primary Academy (0.2 miles)
  • Gatten and Lake Primary School (0.7 miles)
  • Broadlea Primary School (1.2 miles)
  • Winchester College (30.2 miles)
  • Ferndown Upper School (34.0 miles)
  • Canford School (35.7 miles)
  • Sandown Bay Academy (2.0 miles)
  • St Catherine's School (2.7 miles)
  • The Island Free School (2.8 miles)
Note: Distances are straight line measurements

Local info for Isle of Wight

About the neighbours in PO37

AskMe Q&A for Isle of Wight

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For more information about this property, please contact
Trigg & Co, PO30 on +44 1983 507848 * (local rate)

Monthly running costs Beta

£615 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,995
Repayment term 25
Interest rate 1.5
Your payment £431 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £17/mo (£205/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £23 Electricity £31 Estimated energy cost £54/mo

Similar properties could save up to £177

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7000 kWh/year
Electricity: 2500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Isle of Wight

Estimated tax band A Council tax cost £113 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Contact Trigg & Co about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Trigg & Co, and do not constitute property particulars. Please contact Trigg & Co for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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