2-bedroom flat · PO32 6JL
For saleListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Second Floor Flat * Two Bedrooms * Communal Garden * Allocated Parking * Popular Location * Close to Osborne House & Ferry Links to Mainland * Ideal First Time Buy, Island Bolt Hole or Investment * Set in the charming area of Cockerell Rise, East Cowes, this delightful first-floor flat presents an excellent opportunity for first-time buyers or savvy investors.
The property boasts two well-proportioned bedrooms, providing ample space for relaxation and rest.
The inviting reception room offers a comfortable area for entertaining guests or enjoying quiet evenings at home.
The flat features a modern bathroom, ensuring convenience and comfort for its residents. As a purpose-built apartment, it benefits from a thoughtful layout that maximises space and functionality.
The communal gardens surrounding the property offer a lovely outdoor retreat, perfect for enjoying the fresh air or socialising with neighbours.
One of the notable advantages of this property is the allocated parking space, providing ease and security for your vehicle.
Additionally, the flat's proximity to the historic Osborne House, once the summer residence of Queen Victoria, adds a touch of local heritage and charm to the area.
This property is not only a wonderful place to call home but also represents a sound investment opportunity in a desirable location.
With its spacious design and convenient amenities, this flat is sure to appeal to a variety of buyers. Don't miss the chance to make this lovely apartment your own.
The coastal resort of East Cowes, has many features that include Waitrose supermarket, convenience stores, plus a varied range of shops and restaurants.
The shingle and sand beach in East Cowes is ideal for families and enjoys fantastic views across the Solent and out towards Cowes marina.
The lovely esplanade boasts a playground, paddling pool and cafe.
Hallway - Lounge/ Diner - 4.77 x 3.29 (15'7" x 10'9" ) - Kitchen - 2.39 x 2.15 (7'10" x 7'0" ) - Bedroom 1 - 3.56 x 3.00 (11'8" x 9'10" ) - Bedroom 2 - 4.10 x 2.40 (13'5" x 7'10" ) - Bathroom - 2.40 x 1.60 (7'10" x 5'2" ) - Outside - Communal gardens surround the apartment.
Parking - One allocated parking space within the communal car park Tenure - Leasehold Remainder of 999 year lease Council Tax - Band B Additional Information - Lease Remaining - 949 Years No Ground Rent Service Charge - £1236 per annum 1/36th Freehold on Completion Services - Mains water, drainage, electric Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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
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FAQ
About Cockerell Rise, East Cowes
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