2-bedroom house · PO32 6ED
Listing removedListed 112 days · slow let
Opportunity summary
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About
#NO DEPOSIT OPTION AVAILABLE WITH THIS PROPERTY# NEW INSTRCUTION - NEWLY REFURBISHED, 2 DOUBLE BEDROOM SEMI DETACHED HOUSE.
GAS HEATING, DOUBLE GLAZED, LOW MAINTENANCE GARDEN, UNFURNISHED, AVAILABLE NOW.
The Property - Newly refurbished, 2 double bedroom semi detached house positioned along a quiet, 'no-through road', residential street. St.
David's Road is within a short walk to the town centre where a selection of supermarkets, including Waitrose, can be found, together with a selection of boutique shops, nail and beauty studios, cafes, bistro, pubs and coffee shops.
Also in the town is the Red Funnel car ferry terminal for mainland links to Southampton.
The Floating bridge takes you to West Cowes in just a couple of minutes for further shops, bistros, pubs, restaurants and Hi-Speed passenger ferry to Southampton.
East Cowes Marina is also within a short walk where the very popular family dining pub, The Lifeboat, is located enjoying waterfront alfresco dining.
The accommodation comprises; Front entrance door leads to the lounge with a large bay window flooding the room with light.
Leading to; A dining room which is open plan to the kitchen, making this a great space for family dining and entertaining.
Stairs lead to a first floor landing; Master double bedroom at the front of the house spanning the full width of the property. Double bedroom at the rear of the property. Spacious bathroom.
Outside Low maintenance patio garden with large store/workshop. With some upgrading this structure could be converted into a home office.
Unfurnished Available immediately Services - Electricity, Gas, Water, Council Tax and media are exclusive of the rent.
Epc - Rating D Local Authority - The Isle of Wight Council is the local authority. Council tax band B Deposits - Holding deposit payable is £250 based on the advertised rent of £1,100pcm.
Subject to contract the sum of the holding deposit will be deducted from the first month rent payable.
The tenancy deposit payable, will be £1,265 based on the advertised rent of £1,100pcm, unless the applicant opts for the No Deposit Option "REPOSIT" - instead of paying e a cash deposit of £1,265, the applicant would pay a fee to Reposit equal to one weeks rent of £253.85 and then £30 per year thereafter - ask for details.
Pets - Pets will be considered at the landlords discretion.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About St. Davids Road, East Cowes
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