Sold Flat

6 SALEM ROAD

SHANKLIN, ISLE OF WIGHT PO37 6PE

2 beds 1 baths 54 m² Listed 30 Jan 2025 (-488d)

£159,950

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

54 m²

Council tax band

B

Last sold

£275,000 Sep 2024

Local average

£157,844 (+1.3%)

Deprivation

Decile 3 (6,941 of 33,755)

Street crime

69 incidents within 1 mile (Mar 2026)

Key features

  • Purpose Built First Floor Apartment
  • 2 Bedrooms
  • Large Lounge with Views Across Shanklin
  • Allocated Parking
  • Short Walk to Town Centre
  • Share of Freehold
  • CHAIN FREE
  • Viewings Welcome
  • Ideal Full-Time Home or BTL Investment

Additional details

Parking
Yes

Description

This PURPOSE BUILT first floor apartment is conveniently located just a short walk from both Shanklin town centre with its wealth of amenities and the 'Old Village' with it's picturesque thatched cottages and popular eateries to choose from. Bus stops with a regular service into Sandown and Newport are literally on the door step, with the local train station only minutes away.

The well-proportioned accommodation comprises 2 bedrooms, a large lounge/dining room with views across Shanklin, a separate kitchen, and bathroom. Additionally, the property benefits from an allocated parking space located at the rear of the building.

The very convenient location and allocated parking makes this an ideal home for anyone looking to enjoy life by the sea in one of the Island's most popular coastal towns. A viewing is recommended to fully appreciate everything this fantastic CHAIN FREE apartment has to offer!

Communal Entrance -

First Floor Landing -

Entrance Hall -

Lounge/Dining Room - 4.78m x 3.51m (15'8 x 11'6) -

Kitchen - 3.56m x 2.39m (11'8 x 7'10) -

Bedroom 1 - 3.58m x 2.74m (11'9 x 9') -

Bedroom 2 - 2.74m x 2.62m (9' x 8'7) -

Bathroom - 2.26m x 1.63m (7'5 x 5'4) -

Outside - To the rear of the building there is an allocated parking space.

Lease Information - Share of Freehold - No Ground Rent.
Remainder of 999 Year Lease.
Service Charge - £720 Per Annum.
Pets Are Not Permitted.

Services - Unconfirmed: electric, telephone, mains water and drainage.

Council Tax - Band B - Please contact The Isle of Wight Council on .

Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.

Listed by

Shanklin

The Wright Estate Agency

Reference: 157556666

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

6 Victoria Court, Salem Road, Shanklin.JPG

6 Victoria Court, Salem Road, Shanklin.JPG

EPC Graphs

EE Rating

EE Rating

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #11656237

Property Details

Street: 6 Salem Road

Town: SHANKLIN

Postcode: PO37 6PE

Installation Details

Items: 1 door

Certificate Issued: 06/06/2016

Work Completed: 09/05/2016

This certificate data was retrieved from FENSA's database

FENSA Certificate #15146610 Recent

Property Details

Street: 6 Salem Road

Town: SHANKLIN

Postcode: PO37 6PE

Installation Details

Items: 1 door

Certificate Issued: 13/04/2022

Work Completed: 10/03/2022

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

120% since 2011

Event Date Price % change
Sold 30/09/2024 (1 year ago) £275,000 +71.9%
Sold 04/09/2015 (10 years ago) £160,000 +28%
Sold 21/10/2011 (14 years ago) £125,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
GRANGE COURT, 16 FLAT 16 GRANGE ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6NN £97,000 05/12/2025 Flat
THE POST HOUSE, 1 FLAT 1 STEEPHILL ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6AB £565,000 28/11/2023 Flat
1C STEEPHILL ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6AB £95,000 28/11/2023 Flat
SHANKLIN TOWERS FLAT 25 PROSPECT ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6AD £234,500 13/10/2023 Flat
4 FLAT 7 SALEM ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6PE £105,000 06/10/2023 Flat
49A HIGH STREET, SHANKLIN, ISLE OF WIGHT, PO37 6JJ £225,000 29/09/2023 Flat
14B GRANGE ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6NN £185,000 10/07/2023 Flat
SHANKLIN TOWERS FLAT 27 PROSPECT ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6AD £225,000 31/03/2023 Flat
RYCHRIS COURT, 8 FLAT 7A VICTORIA AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 6LG £121,250 10/03/2023 Flat
33A HIGH STREET, SHANKLIN, ISLE OF WIGHT, PO37 6LP £110,000 14/12/2022 Flat
2 FLAT 1 SALEM ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6PE £165,000 14/12/2022 Flat
ST JOHNS COURT, 10 FLAT 2 ST JOHNS ROAD, SHANKLIN, ISLE OF WIGHT, PO37 7NR £135,000 09/12/2022 Flat
SUVRETTA HOUSE FLAT 10 GRANGE ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6NW £100,000 28/10/2022 Flat
57 FLAT 4 HIGH STREET, SHANKLIN, ISLE OF WIGHT, PO37 6JJ £59,000 16/09/2022 Flat
RYCHRIS COURT, 8 FLAT 4 VICTORIA AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 6LG £115,000 09/09/2022 Flat
SUVRETTA HOUSE FLAT 20 GRANGE ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6NW £94,000 31/08/2022 Flat
BRAMLEY HOUSE, 13 FLAT 4 PADDOCK ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6NZ £129,950 29/07/2022 Flat
GRANGE COURT, 16 FLAT 4 GRANGE ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6NN £115,000 18/07/2022 Flat
SHANKLIN TOWERS FLAT 25 PROSPECT ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6AD £212,000 27/06/2022 Flat
RYCHRIS COURT, 8 FLAT 7B VICTORIA AVENUE, SHANKLIN, ISLE OF WIGHT, PO37 6LG £110,000 30/05/2022 Flat

Area average: £159,885 (20 sales)

Capital growth trend

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

5y growth 6.6%
10y growth 13.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Isle of Wight. Series: Flats and maisonettes. As of February 2026.

1y (index) -6.8%
5y (index) -1%
10y (index) 20.9%

Rental Range

Estimated market rent for Isle of Wight. Low = conservative, Realistic = average, Optimistic = best case.

Low £849/mo
Realistic £943/mo
Optimistic £1,037/mo

Based on Local Authority from postcode lookup → Isle of Wight.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Magician's Wardrobe 0.0 miles
Shop Fairy HQ 0.0 miles
Bus stop Shanklin Youth Centre 0.0 miles
Train station Shanklin 0.5 miles
Train station Lake 1.5 miles
Hospital Earl Mountbatten Hospice 7.1 miles
Hospital Orchard Private Hospital 7.4 miles

Street-level crime

Category Count
Violence and sexual offences 25
Criminal damage and arson 14
Other theft 10
Public order 7
Anti-social behaviour 4
Shoplifting 4
Possession of weapons 2
Burglary 1
Other crime 1
Theft from the person 1
Total incidents 69

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Blasius Shanklin CofE Primary Academy Primary 0.2 miles Good — 20 Jul 2017
Gatten and Lake Primary School Primary 0.9 miles Good — 12 Jan 2023
Broadlea Primary School Primary 1.4 miles Good — 15 Nov 2021
Wroxall Primary School Primary 1.9 miles Requires improvement — 1 Feb 2023
The Bay Church of England School Other 2.3 miles Good — 26 Apr 2023

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 Flat, Palmerston Road, PO37 £875/mo 2 0.16 miles OpenRent
2 Bed Flat, Morgan Mews, PO37 £800/mo 2 0.26 miles OpenRent
2 Bed Flat, Somerville Court, PO37 £900/mo 2 0.31 miles OpenRent
2 Bed Flat, The Reach, PO37 £1,050/mo 2 0.35 miles OpenRent
2 Bed Flat, Regent Street, PO37 £800/mo 2 0.39 miles OpenRent
2 Bed Flat, Atherley Road, PO37 £750/mo 2 0.46 miles OpenRent
2 Bed Flat, Arthurs Hill, PO37 £750/mo 2 0.63 miles OpenRent
2 Bed Flat, Arthurs Hill, PO37 £775/mo 2 0.63 miles OpenRent

Average rent: £838/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%
Max investor price (0.8%) £100,000
Target investor price (1%) £80,000
Gross yield 6%
Cost-to-rent ratio 16.7×
Monthly cashflow £65/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 1.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).