1/8

1 bed flat for sale Spring Gardens, Shanklin, PO37

Guide Price

£85,000

Added on 29/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £214 per sq ft
Tenure: Leasehold

Council tax Band A £1,751 a year

Key features

Lower ground floor 1 bedroom apartment in a converted character house
Private rear garden
Private access
Lounge with separate kitchen area
Electric heating and fully double glazed
Short walk to the town centre and beaches
EPC energy efficiency rating E (54/77)

About this property

This lower ground floor apartment offers compact accommodation ideal for a single occupant. The property has previously been a profitable buy to let, so ideal for investment or first-time purchase. Located a short stroll from the town centre, beaches and transport links.

Floorplan

Council tax

Band A £1,751 a year

Per year

Band A

This home: £1,751
Band B

£2,042
Band C

£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 A, which costs £1,751 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

This home

£214 / sq ft

Area average (sold)

£278 / sq ft

Price per area, sold homes nearby

£180 / sq ft

£214 / sq ft

£390 / sq ft

Lowest

This home

Highest

£214 per sq ft, below the middle of recent sales in PO37 (£180–£390, 10th–90th percentile, 234 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 234 homes sold in PO37 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PO37 →

Location

Spring Gardens, Shanklin, PO37

Open map Street View

Mortgage and stamp duty

Property price £85,000

£43k £128k

Deposit11% £9,000

£0 £85k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 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
13, Spring Gardens Semi-detached	Semi-detached	Jul 2026	1,561 sq ft £160/sq ft	1,561 sq ft	£160	£250,000
5, Spring Gardens Semi-detached	Semi-detached	Nov 2025	990 sq ft £247/sq ft	990 sq ft	£247	£245,000
21, Spring Gardens Semi-detached	Semi-detached	Jul 2025	1,087 sq ft £179/sq ft	1,087 sq ft	£179	£195,000
Flat C, 19, Spring Gardens Flat / maisonette	Flat / maisonette	Jun 2025	323 sq ft £232/sq ft	323 sq ft	£232	£75,000
13, Spring Gardens Semi-detached	Semi-detached	Oct 2024	1,561 sq ft £158/sq ft	1,561 sq ft	£158	£246,500
15, Spring Gardens Flat / maisonette	Flat / maisonette	Jul 2024	840 sq ft £185/sq ft	840 sq ft	£185	£155,000
23, Spring Gardens Detached	Detached	Sept 2023	1,227 sq ft £236/sq ft	1,227 sq ft	£236	£290,000
10a, Spring Gardens Flat / maisonette	Flat / maisonette	Jul 2023	700 sq ft £229/sq ft	700 sq ft	£229	£160,000