Victoria Avenue, Shanklin, Isle of Wight, PO37

Situated in a highly sought-after location, this substantial detached Victorian residence presents an exceptional opportunity, offering generously proportioned and beautifully appointed accommodation arranged over three floors. The home provides ample storage throughout, off-street parking, and an attractive garden, creating a superb balance of practicality and charm. Beyond the main residence, the property offers a versatile self-contained accommodation area, featuring independent access and a private garden, making it perfectly suited to extended family living, guest use, or potential rental income. The property has also recently secured permission for change of use to full residential accommodation, further enhancing its versatility and long-term appeal. Importantly, the scale and configuration of the property present a compelling opportunity for developers or builders, with the potential to create a substantial five-bedroom main residence alongside four separate holiday let units (subject to any necessary consents), offering an attractive lifestyle and income-generating proposition in one of the area’s most desirable settings.

- Ample Off Road Parking - Annexe Garden + Decked Area - Main Garden with Patio

- Gas Central Heating (served by two boilers) - All Mains Connected

C - 65

Freehold

The property is currently a trading Bed & Breakfast, however, the owners have recently been awarded change of use via the Local Planning Authority for residential use. Change of Use was granted in October 2025, full details can be found on the Isle of Wight Planning portal by searching the following reference no: 25/01164/FUL or using the link below 25/01164/FUL | Change of use from hotel to a single residential dwelling | Foxhills 30 Victoria Avenue Shanklin Isle Of Wight PO37 6LS The Bed and Breakfast is rated for business rates, the VOA shows a ratable value of £6,200. Using the current UBR the rates payable will be circa £3,100 however the property will be eligible for small business rates relief and should be zero rated. All enquiries must be directed to the Isle of Wight Council or the VOA.