# 2 bedroom semi-detached house for sale (PO37 7EU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 118C, GREEN LANE, SHANKLIN, SHANKLIN, ISLE OF WIGHT PO37 7EU |
| Price | £175,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1976-1982 |
| Floor area | 98 m² |
| Last sold | £131,000 Jan 2004 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Current heating cost:** £711/year
- **Est. upgrade cost to C:** £15,675

### Recommendations
- A2 (£850 - £1,500)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0235-5924-8400-0848-8202)

## Description

Offered Chain Free an unusual semi-detached house that is well located towards the outskirts of Shanklin, and just yards away from the county ground. The town centre and amenities are about one mile distant  and the local Morrisons and Aldi stores in Lake are approx. one mile.

The spacious accommodation benefits from GCH and replacement uPVC double glazed windows and has 2/3 bedrooms with parking leading to an extra large single garage with rear door into property. To fully appreciate the potential of the property we would recommend viewing. It comprises:

**Entrance Lobby** - 

**Sitting Room** - 6.50m max x 3.81m max (21'4 max x 12'6 max) - double doors opening to

**Dining Area** - 2.64m average x 3.81m max  (8'8 average x 12'6 max - (irregular shape)

**Kitchen** - 2.64m average x 3.73m max (8'8 average x 12'3 max) - (irregular shape)

**Bedroom 3 / Office** - 4.22m max x 3.15m average  (13'10 max x 10'4 avera - (irregular shape)

**Stairs From Lounge Leading To First Floor** - 

**Bedroom 1** - 3.84m max x 3.84m max (12'7 max x 12'7 max) - 

**Bedroom 2** - 3.81m max x 2.79m average  (12'6 max x 9'2 average - (irregular shape)

**Bathroom With Wc** - 

**Outside** - As mentioned there is a driveway for one small to medium car leading to an extra large single integral Garage 19'1 x 13'10 with door leading to office/ bedroom 3 and housing gas fired Glow Worm boiler.

**Services** - All mains are available

**Tenure** - Freehold

**Council Tax** - Band B

## Property Photos

- ![Front.jpg](/listings/photos/170333531/608837) - Front.jpg
- ![Kitchen.jpg](/listings/photos/170333531/608842) - Kitchen.jpg
- ![Bedroom -Study.jpg](/listings/photos/170333531/608843) - Bedroom -Study.jpg
- ![Lounge.jpg](/listings/photos/170333531/608852) - Lounge.jpg
- ![Dining Room.jpg](/listings/photos/170333531/608855) - Dining Room.jpg
- ![Bedroom 1.jpg](/listings/photos/170333531/608860) - Bedroom 1.jpg
- ![Bathroom.jpg](/listings/photos/170333531/608863) - Bathroom.jpg
- ![Bedroom 2.jpg](/listings/photos/170333531/608866) - Bedroom 2.jpg
- ![PXL_20250130_115652659.jpg](/listings/photos/170333531/608870) - PXL_20250130_115652659.jpg

## Floorplans

- ![11C Green Lane PLAN.JPG](/listings/photos/170333531/608873) - 11C Green Lane PLAN.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/170333531/608880) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 118C GREEN LANE, SHANKLIN, ISLE OF WIGHT, PO37 7EU | £131,000 | 09/01/2004 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 120 GREEN LANE, SANDOWN, ISLE OF WIGHT, PO36 9NL | £235,000 | 09/01/2026 | Semi-detached |
| 11 HILDYARDS CRESCENT, SHANKLIN, ISLE OF WIGHT, PO37 7EY | £220,000 | 21/05/2025 | Semi-detached |
| 31 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7ER | £295,000 | 26/09/2022 | Semi-detached |
| 155 SANDOWN ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6HY | £263,000 | 05/09/2022 | Semi-detached |
| 25 FIR TREE CLOSE, SHANKLIN, ISLE OF WIGHT, PO37 7EX | £320,000 | 28/07/2022 | Semi-detached |
| 84 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7ET | £315,000 | 23/05/2022 | Semi-detached |
| 9 SANDHAM GARDENS, SANDOWN, ISLE OF WIGHT, PO36 9QQ | £262,000 | 09/05/2022 | Semi-detached |
| 23 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7EW | £265,000 | 18/02/2022 | Semi-detached |
| 33 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7ER | £280,000 | 07/02/2022 | Semi-detached |
| 122 GREEN LANE, SANDOWN, ISLE OF WIGHT, PO36 9NL | £360,000 | 28/01/2022 | Semi-detached |
| 86 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7ET | £270,000 | 27/09/2021 | Semi-detached |
| 32 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7ER | £300,000 | 27/09/2021 | Semi-detached |
| 82 WHITECROSS AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 7ET | £355,000 | 14/09/2021 | Semi-detached |
| 29 HILDYARDS CRESCENT, SHANKLIN, ISLE OF WIGHT, PO37 7EY | £198,000 | 13/09/2021 | Semi-detached |

**Area average:** £281,286 (14 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £303,650 (10 Semi-detached, PO37, 2024–2026)
- **Deviation:** -42.4%

## Rental Range

*ONS Price Index of Private Rents (Isle of Wight). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £849/mo
- **Realistic:** £943/mo
- **Optimistic:** £1,037/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Bungalow, Porter Avenue, PO36 | £1,400/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Sandown Rd, PO36 | £1,200/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Flat, Arthurs Hill, PO37 | £750/mo | 2 | 0.47 miles | OpenRent |
| 2 Bed Flat, Arthurs Hill, PO37 | £775/mo | 2 | 0.47 miles | OpenRent |
| 2 Bed Flat, Atherley Road, PO37 | £750/mo | 2 | 0.63 miles | OpenRent |
| 2 Bed Flat, Regent Street, PO37 | £800/mo | 2 | 0.7 miles | OpenRent |
| 2 Bed Flat, Somerville Court, PO37 | £900/mo | 2 | 0.8 miles | OpenRent |
| 2 Bed Flat, Morgan Mews, PO37 | £800/mo | 2 | 0.83 miles | OpenRent |
| 2 Bed Flat, Palmerston Road, PO37 | £875/mo | 2 | 0.94 miles | OpenRent |

**Average rent: £917/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 0.46% (weak for cashflow)
- **Max investor price (0.8%):** £100,000
- **Target investor price (1%):** £80,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £800/mo).*

- **Gross yield:** 5.5%
- **Cost-to-rent:** 18.2×
- **Monthly cashflow:** £6/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,786/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 27.8%
- **10y growth:** 82.3%

## House Price Index (HM Land Registry)

*Official index for Isle of Wight; Semi-detached series; as of March 2026.*

- **1y growth (index):** -2.8%
- **5y growth (index):** 9%
- **10y growth (index):** 37.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)