1 bed flat for sale

34A High Street, Ventnor PO38

Property number 53797. Enquire through Zoopla's messaging system and we'll respond within 5 minutes, 24/7

Stylish 1-Bedroom Coastal Apartment in the Heart of Ventnor

Proven Investment with 8.2% ROI

987-Year Lease

No Annual Service Charges or Ground Rent

A rare opportunity to acquire a beautifully refurbished, one-bedroom apartment in one of the Isle of Wight's most sought-after seaside towns. Offering a truly turnkey purchase with an exceptional rental history, this property is an ideal first home, holiday retreat, lock-up-and-leave second home, or high-yielding investment.

Key Financial & Property Benefits:

- Outstanding Yield: Successfully let for many years at £650 pcm (excluding bills), delivering a fantastic 8.2% return on investment.

- Holiday-Let Potential: Excellent income potential with comparable Ventnor properties achieving £1,000 per week during the peak season.

- Exceptional Lease Terms: Held on a long 987-year lease with absolutely no annual service charges or ground rents (only £150 per year for insurance).

- Council Tax: Positioned in Band A, ensuring highly affordable ongoing running costs.

- Turnkey Condition: Recently refurbished throughout, offering stylish, low-maintenance accommodation ready to move straight into. Furnishings are available by agreement-simply arrive and unpack.

- Prime Location: Situated at 34A High Street, enjoying an enviable town-centre location just a two-minute walk from Ventnor Beach.

- Convenient Parking: A quiet local car park is located just a 30-second walk away, with residents' annual parking permits available for £160 per year.

The Living Space

Moments from the vibrant cafés, restaurants, pubs, and independent shops that make Ventnor a premier destination, this attractive apartment has been finished to an excellent standard. The property provides owners with the perfect balance of personal holiday flexibility and proven, year-round income potential.

Why Ventnor?

Condé Nast Traveller has ranked Ventnor among the UK's top beach destinations, highlighting its own unique, warmer microclimate nestled beneath dramatic, south-facing cliffs. Ventnor offers a combination of Victorian charm, award-winning coastline, and local Botanic Gardens, alongside a thriving food scene and vibrant arts culture. Local restaurants such as The Hambrough with Michelin-level attention, the Smoking Lobster with 2 aa Rosettes (sourced from local boats), and The Royal Hotel with historic, award-winning luxury and 2 aa Rosettes for over 30 years, all share panoramic sea views. The Terrace, just a scenic drive away, is a Michelin-recommended gem run by a star chef.

Ventnor Beach has been recognised as one of the UK's safest beaches, praised for its excellent water quality, safe bathing conditions and accessibility. Ventnor is famous for its iconic Isle of Wight paddling pool, a giant concrete map of the Island where generations of children have paddled and played. The seafront also features the town's charming Victorian bathing machines, now converted into colourful beach huts. Just a short drive away, Shanklin Beach was named the Best Beach in the South of England by The Times and The Sunday Times in their prestigious 50 Best UK Beaches Guide. The judges praised its simply spectacular views, traditional striped deckchairs and unique seaside atmosphere.

Why the Isle of Wight?

The Isle of Wight is a paradise for drivers, cyclists and walkers. Nearby coastal roads have received national recognition for their breathtaking scenery and driving experience. The Military Road close to Ventnor was highlighted in an international Alfa Romeo survey as comparable to Australia's world-famous Great Ocean Road. The Guardian has also recognised this as one of the most scenic driving routes in the United Kingdom. We host various walking festivals including Walk the Wight and the Wight Ultra, and cyclists flock to the Island, which is renowned for its on- and off-road cycling routes.

It is a truly year-round destination, from the internationally acclaimed Ventnor Fringe Festival on your doorstep to Cowes Week, the Round the Island Race, the Isle of Wight Festival, the Garlic Festival, the Yarmouth Old Gaffers Festival and numerous carnivals, sailing events, concerts and theatre productions across the Island. This property provides the perfect base from which to enjoy them all.

After a day at an event, relaxing on the beach or exploring the Island's spectacular coastline and countryside, return to the comfort of your own coastal apartment, with Ventnor's acclaimed restaurants, wine bars, cafés and independent shops just moments away.

Popular local events include:

Isle of Wight Festival

Cowes Week

Round the Island Race

Ventnor Fringe Festival

Garlic Festival

Yarmouth Old Gaffers Festival

Isle of Wight Walking Festival

Carnival Week

Sailing, arts, literary and music events throughout the year