Summary - PRIORY FLATS, 34 17 LUCCOMBE ROAD SHANKLIN PO37 6RR
2 bed 1 bath Flat
Character conversion with balcony sea views and income potential for downsizers.
- Stunning sea views and private balcony over Shanklin Bay
- Open-plan living/kitchen with high ceilings and integrated appliances
- Two good-sized bedrooms and generous storage throughout
- Extensive communal gardens and allocated off-street parking
- Proven holiday-let history — income potential when not occupied
- Leasehold with approximately 80 years remaining — lender risk exists
- Service charge approx. £2,500 per year; factor into running costs
- Homewise Lifetime Lease option for 60+ buyers reduces initial price
Set within a converted Victorian cliff-top residence, this second-floor apartment offers striking sea views over Shanklin Bay from a private balcony. The open-plan living/kitchen space benefits from high ceilings, plenty of natural light and integrated appliances, giving a contemporary feel within a character façade. Two well-proportioned bedrooms, good storage and mains gas central heating make it comfortable for year-round use.
The setting is well suited to downsizers or those seeking a retirement pied-à-terre: extensive communal gardens, allocated parking and proven holiday-let history provide flexibility for personal use or letting income. Broadband and mobile signals are strong and local services, leisure and coastal amenities are nearby.
Important practical points: this is a leasehold retirement property with around 80 years remaining on the lease and an average service charge of about £2,500 per year. Some mortgage lenders may be reluctant to lend on shorter leases, so buyers should check finance options early. The property is being marketed with a Homewise Lifetime Lease option for purchasers aged 60+, which can substantially reduce up-front cost but varies by age and chosen equity share.
Overall, the flat offers a blend of seaside character and modern living that will appeal to buyers seeking low-maintenance coastal living with potential rental income. Prospective purchasers should verify lease, lender acceptability and service charge details with their solicitor and mortgage adviser.
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