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2 bed flat for sale Prospect Road, Shanklin, PO37

Guide Price

£180,000

Added on 29/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Share of freehold

Council tax Band C £2,334 a year

Key features

Lower ground floor apartment with share of freehold
Allocated parking space
Sea and town views
Private balcony with communal gardens
Short stroll from Shanklin Old Village, town centre and beaches
Transport links close by linking around the island

About this property

This spacious lower ground floor apartment has a wonderful private balcony with sea and town views over Shanklin. There is allocated parking and communal gardens to sit in and enjoy.

The apartment is located a short stroll to Shanklin Old Village, the town centre and beaches making it the perfect bolt hole.

Floorplan

Council tax

Band C £2,334 a year

Per year

Band A

£1,751
Band B

£2,042
Band C

This home: £2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

This home is in band C, which costs £2,334 a year in Isle of Wight for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

22 comparables · within 2.7 miles

Priced above 73% of the 2-bed flats for sale nearby right now.

This home, £180,000 Median £162,500 · £101,000 – £234,500

Compared with 22 2-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Prospect Road, Shanklin, PO37

Open map Street View

Mortgage and stamp duty

Property price £180,000

£90k £270k

Deposit10% £18,000

£0 £180k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £162,000 mortgage. Most lenders would want a household income of about £36,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 5, 16, Prospect Road Flat / maisonette	Flat / maisonette	Jun 2026	1,292 sq ft £149/sq ft	1,292 sq ft	£149	£192,500
20a, Prospect Road Flat / maisonette	Flat / maisonette	Aug 2024	474 sq ft £340/sq ft	474 sq ft	£340	£161,000
Flat 3, Joanna, 28, Prospect Road Flat / maisonette	Flat / maisonette	Mar 2022	581 sq ft £234/sq ft	581 sq ft	£234	£136,000
Flat 2, Joanna, 28, Prospect Road Flat / maisonette	Flat / maisonette	Nov 2021	614 sq ft £240/sq ft	614 sq ft	£240	£147,500
14, Prospect Road Semi-detached	Semi-detached	Oct 2021	570 sq ft £367/sq ft	570 sq ft	£367	£209,300
32a, Prospect Road Flat / maisonette	Flat / maisonette	Dec 2020	753 sq ft £281/sq ft	753 sq ft	£281	£212,000
Flat 5, 16, Prospect Road Flat / maisonette	Flat / maisonette	Jan 2020	1,292 sq ft £139/sq ft	1,292 sq ft	£139	£180,000
Flat 4, Joanna Court, 28, Prospect Road Flat / maisonette	Flat / maisonette	Nov 2019	581 sq ft £224/sq ft	581 sq ft	£224	£130,000