2-bedroom flat · PO31 8BT
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AWESOME RETIREMENT LIVING. Beautifully presented 2 bedroom, 2nd floor retirement apartment over looking the SOLENT. LIFT. Communal INDOOR POOL, LOUNGES and GROUNDS.
Set on the ESPLANADE between Cowes and Gurnard. Chain Free.
OVER 55's only The accommodation with approximate measurements comprises: Communal Entrace Door intercom system Hallway with 'wardens' office. Door to communal lounges and indoor pool.
Lift to 2nd floor Hallway Spacious hallway. 2 x storage cupboards. Electric heating. Lounge 4.80 m x 3.40 m (15'9" x 11'2") Double glazed 'bow' window with SOLENT SEA VIEWS with Juliet balcony.
Electric heating. Archway to; Kitchen 2.23 m x 2.06 m (7'4" x 6'9") Range of wall and floor units. Space for washing machine, fridge, freezer and cooker. Stainless steel sink and drainer.
Bedroom 3.60 m x 2.40 m (11'10" x 7'10") Built in wardrobes and draw units. Window seat. Double glazed window with Solent Sea Views. Bedroom 3.60 m x 2.70 m (11'10" x 8'10") Large built in wardrobes.
Double glazed window with Solent Sea Views. Shower Room A well presented tiled shower room with Shower. W.C and basin set into surround. Heated towel rail.
Additional information Latest service charge for the period 1-9/26 – 28/2/27 is £2,830.69 (6 months) and half yearly ground rent for the same period is £287.85 Potential purchasers must be 55 or over ( a second person has to be over the age of 50 years) Council tax band : "D" EPC: TBC Pets: Permission needs to be requested at "First Port" Generally, " Indoor "cats only and dogs are only allowed in individual apartments and corridors, NOT communal areas.
Dogs must be exercised off site.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About Flat 51, Briary Court, Egypt Esplanade, Cowes, Isle Of Wight
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