# 2 bedroom flat for sale (PO37 6PE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 6 SALEM ROAD, SHANKLIN, ISLE OF WIGHT PO37 6PE |
| Price | £159,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 54 m² |
| Last sold | £275,000 Sep 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £1,089/year
- **Est. upgrade cost to C:** £11,500

### Recommendations
- B (£500 - £1,500)
- W1 (£800 - £1,200)
- 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/0330-2972-1210-2807-1945)

## 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.

## Property Photos

- ![Main.png](/listings/photos/157556666/274826) - Main.png
- ![resizedKitchen2.jpg](/listings/photos/157556666/274827) - resizedKitchen2.jpg
- ![resizedLounge1.jpg](/listings/photos/157556666/274828) - resizedLounge1.jpg
- ![resizedBathroom.jpg](/listings/photos/157556666/274829) - resizedBathroom.jpg
- ![resizedLounge2.jpg](/listings/photos/157556666/274830) - resizedLounge2.jpg
- ![resizedBed1.jpg](/listings/photos/157556666/274831) - resizedBed1.jpg
- ![resizedBed2.jpg](/listings/photos/157556666/274832) - resizedBed2.jpg

## Floorplans

- ![6 Victoria Court, Salem Road, Shanklin.JPG](/listings/photos/157556666/274833) - 6 Victoria Court, Salem Road, Shanklin.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/157556666/274834) - EE Rating

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #11656237
- **Address:** 6 Salem Road, SHANKLIN, PO37 6PE
- **Certificate Issued:** 06/06/2016
- **Work Completed:** 09/05/2016
- **Items:** 1 door(s)

### FENSA Certificate #15146610
- **Address:** 6 Salem Road, SHANKLIN, PO37 6PE
- **Certificate Issued:** 13/04/2022
- **Work Completed:** 10/03/2022
- **Items:** 1 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 6 SALEM ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6PE | £275,000 | 30/09/2024 | Semi-detached |
| 6 SALEM ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6PE | £160,000 | 04/09/2015 | Semi-detached |
| 6 SALEM ROAD, SHANKLIN, ISLE OF WIGHT, PO37 6PE | £125,000 | 21/10/2011 | Flat |

## Sold Comparables

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

| 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)

## Price vs local average

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

- **Local average:** £157,844 (9 Flat, PO37, 2024–2026)
- **Deviation:** +1.3%

## 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 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)**

## 1% Rule

- **Rent ratio:** 0.5% (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%
- **Cost-to-rent:** 16.7×
- **Monthly cashflow:** £65/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.7%

*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:** £2,962/m²

## Capital growth trend

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

- **5y growth:** 6.6%
- **10y growth:** 13.5%

## House Price Index (HM Land Registry)

*Official index for Isle of Wight; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -6.8%
- **5y growth (index):** -1%
- **10y growth (index):** 20.9%

## 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)