Initial price	£675,000
29/11/24	£625,000
14/08/25	£595,000
Price Change	-11.85%

This impressive detached residence, previously run as a hotel, has been in the same family ownership for over 30 years. It has been deregistered and converted into a single dwelling house, with planning permission granted in 2020. The property boasts a large corner site in a convenient location, close to the town center and cliff lift, providing easy access to Shanklin Esplanade. The spacious accommodation features gas-fired central heating and uPVC double-glazed windows, comprising 12 bedrooms, each with en-suite facilities, as well as a private lounge, bar area, lounge/dining area, kitchen, utility room, and stairs to a first-floor landing. The property also has two car park areas, accommodating 12 cars, established shrub beds and borders, and three outside areas. With its versatility and potential for various uses, this unique property presents a rare opportunity for a large family home, holiday let, or HMO.