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2 bed flat for sale Prospect Road, Shanklin, PO37

Asking price

£110,000

Reduced on 04/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Ask agent

Council tax Band A £1,751 a year

Key features

Character First Floor 2 Bedroom Apartment
Located in Shanklin’s Vibrant 'Old Village'
No Onward Chain
Spacious Well Presented Accommodation
Short Walk To Shanklin Shops and Sandy Beaches
Lovely Views Over The Town
Communal Garden To Front

About this property

Set in a sought-after location, this bright first-floor 2 bedroom apartment offers the perfect blend of coastal charm and everyday convenience. Filled with natural light and enjoying an elevated position, it provides a welcoming atmosphere and is ideal as a permanent home, holiday retreat, or high yield buy to let investment.

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

22 comparables · within 2.7 miles

Cheaper than 82% of the 2-bed flats for sale nearby right now.

This home, £110,000 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 £110,000

£55k £165k

Deposit10% £11,000

£0 £110k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £99,000 mortgage. Most lenders would want a household income of about £22,000 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