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

## Property Details

| Key | Value |
|-----|-------|
| Address | 118A, GREEN LANE, SHANKLIN, ISLE OF WIGHT PO37 7EU |
| Price | £150,000 |
| Bedrooms | 2 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 87 m² |
| Last sold | £145,000 Dec 2014 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £662/year
- **Est. upgrade cost to C:** £21,675

### Recommendations
- A2 (£850 - £1,500)
- W (£800 - £1,200)
- G (£350 - £450)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£9,000 - £14,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0927-2823-7646-9494-9055)

## Description

This unusual cottage is in a tucked away location but is within easy reach of bus stops, cliff path walks etc. with Shanklin and Sandown town centres both being a short drive away. The property offers spacious accommodation with two bedrooms, two reception rooms and an enclosed garden to the rear.

## Property Photos

- ![Photo 12](/listings/photos/30162006/608818) - Photo 12
- ![Photo 8](/listings/photos/30162006/608821) - Photo 8
- ![Photo 17](/listings/photos/30162006/608824) - Photo 17
- ![Photo 15](/listings/photos/30162006/608827) - Photo 15
- ![Photo 1](/listings/photos/30162006/608830) - Photo 1
- ![Photo 6](/listings/photos/30162006/608835) - Photo 6
- ![Photo 10](/listings/photos/30162006/608838) - Photo 10
- ![Photo 11](/listings/photos/30162006/608859) - Photo 11
- ![Photo 12](/listings/photos/30162006/608861) - Photo 12
- ![Photo 13](/listings/photos/30162006/608865) - Photo 13
- ![Photo 14](/listings/photos/30162006/608869) - Photo 14
- ![Photo 16](/listings/photos/30162006/608872) - Photo 16

## Floorplans

- ![Floorplan 1](/listings/photos/30162006/608878) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 118A GREEN LANE, SHANKLIN, ISLE OF WIGHT, PO37 7EU | £145,000 | 08/12/2014 | Terraced |

## 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 |
| 10 KING EDWARD CLOSE, SHANKLIN, ISLE OF WIGHT, PO37 7DW | £260,950 | 20/09/2021 | 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 |
| 4 MAIDA VALE ROAD, SHANKLIN, ISLE OF WIGHT, PO37 7DB | £259,500 | 25/06/2021 | Semi-detached |
| 21 DOWNLAND VIEW, SHANKLIN, ISLE OF WIGHT, PO37 7EE | £305,000 | 07/06/2021 | Semi-detached |

**Area average:** £280,203 (17 sales)

## Price vs local average

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

- **Local average:** £303,650 (10 Semi-detached, PO37, 2024–2026)
- **Deviation:** -50.6%

## 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 | 0.3 miles | OpenRent |
| 2 Bed Flat, Sandown Rd, PO36 | £1,200/mo | 2 | 0.41 miles | OpenRent |
| 2 Bed Flat, Arthurs Hill, PO37 | £750/mo | 2 | 0.44 miles | OpenRent |
| 2 Bed Flat, Arthurs Hill, PO37 | £775/mo | 2 | 0.44 miles | OpenRent |
| 2 Bed Flat, Atherley Road, PO37 | £750/mo | 2 | 0.6 miles | OpenRent |
| 2 Bed Flat, Regent Street, PO37 | £800/mo | 2 | 0.67 miles | OpenRent |
| 2 Bed Flat, Somerville Court, PO37 | £900/mo | 2 | 0.77 miles | OpenRent |
| 2 Bed Flat, Morgan Mews, PO37 | £800/mo | 2 | 0.8 miles | OpenRent |
| 2 Bed Flat, Palmerston Road, PO37 | £875/mo | 2 | 0.91 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 0.53% (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:** 6.4%
- **Cost-to-rent:** 15.6×
- **Monthly cashflow:** £104/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.9%

*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:** £1,724/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)