Central one-bed with parking and 125-year lease extension on completion.
Short walk to beach, shops and Shanklin Old Village
Discover a characterful one-bedroom first-floor apartment in the heart of Shanklin, a short walk from shops, cliff paths and the beach. The spacious lounge/dining room and fitted kitchen make this a practical, comfortable home for a first-time buyer or a low-maintenance holiday base. The apartment includes allocated off-street parking and access to a garden — helpful extras in a town-centre location.
The sale will complete with a new extended 125-year lease, which should resolve current lease length concerns; however, the existing records also show 65 years remaining prior to extension, and some lenders may request confirmation before offering mortgages. Service charge and ground rent are modest, but buyers should confirm details with their solicitor and mortgage provider.
Built around the 1930s–40s, the building retains period character but also shows practical limitations: electric storage heating, older double glazing, and assumed cavity walls without insulation. These factors keep running costs and comfort considerations front of mind and may appeal to buyers who are happy to make incremental improvements.
This apartment suits someone seeking a central, sea-accessible base in Shanklin with parking included. It offers genuine convenience and holiday-let potential while requiring realistic expectations about heating, insulation and local area challenges.
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