Summary - 19 FLAT B SPRING GARDENS SHANKLIN PO37 7AQ
1 bed 1 bath Ground Flat
Chain-free entry-level flat close to town and beaches, ideal for first purchase or rental.
Ground-floor one-bedroom flat, approximately 366 sq ft
A compact ground-floor one-bedroom flat in a converted Victorian building, offered chain free and with a long lease of 829 years. At about 366 sq ft the layout is traditional: small lounge with separate kitchen, one bedroom and a bathroom — well suited to a single occupant, first-time buyer or buy-to-let investor. The property has double glazing (installed before 2002) and electric storage heating.
The flat has previously produced good rental returns and is a straightforward entry-level purchase for the Shanklin market. It’s a short walk to the town centre, rail station and beaches, placing local shops, cafes and services within easy reach.
Notable practical details: the property is leasehold with a ground rent of £20 and a below-average service charge of £350. The building dates from 1900–1929 and the walls are assumed to be uninsulated cavity; the flat will benefit from updating and modernisation to improve comfort and energy performance. Electric heating may be costly compared with gas alternatives.
Buyers should note the local context: the wider area is economically deprived with above-average crime and ageing urban communities, which may affect long-term demand and resale values. Interested parties must verify all lease, service charge and planning details with their solicitor.
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