2-bedroom house · PO31 7JZ
For saleReduced £10k (−7.1%) on 5 AugListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This wonderfully appointed first floor 2 bedroom property is located in the heart of Cowes within a purpose built apartment building.
Accessed via a security controlled door system, the size and layout of this property creates a light and airy feel. Complete with allocated off street parking and use of communal gardens - chain free.
EPC Rating: D Lounge/Diner Dimensions: 13' 0'' x 11' 1'' (3.95m x 3.37m). A large front aspect dual purpose reception. Kitchen Dimensions: 6' 11'' x 6' 6'' (2.1m x 1.97m).
Arranged with a series of storage units on 2 sides, integrated cooker and hob. Space and plumbing for white goods. Bedroom 1 Dimensions: 9' 10'' x 6' 11'' (3.0m x 2.1m). Rear aspect double bedroom.
Bedroom 2 Dimensions: 9' 9'' x 8' 1'' (2.96m x 2.47m). Additional bedroom. Outside The property has one allocated off street parking space - situated in front of the building.
Tenure Share of Freehold - 955 year lease £0 Ground Rent £1020 per annum - service charge
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 4, Kingsmere Coronation Road, Cowes
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