2-bedroom flat · PO31 7AZ
Listing removedListed 79 days · slow let
Opportunity summary
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About
A well-presented and spacious second floor furnished apartment with parking and side sea views in a highly convenient location in the town centre.
Offered fully furnished and available from early September.
This second-floor apartment within Raleigh House was constructed in 2005 and provides bright and spacious accommodation, with the benefit of being close to the towns amenities.
Raleigh House provides excellent access to Marks & Spencer, the High Street and various shops, restaurants and the Red Jet terminal, providing frequent fast passenger ferry services to Southampton with onward connections to London, whilst the apartment is superbly placed for access to the world-renowned sailing facilities of Cowes, with the Yacht Haven being accessed from the end of the Road.
Accessed via a Communal Entrance Lobby with CCTV entry system, stairs and lift to all floors. Apartment 6 can be found on the second floor.
Accommodation Comprises; Entrance Hall - With coats cupboard and separate airing cupboard housing direct hot water cylinder with slatted shelving over.
Living/Dining Room - A spacious room, providing a seating and dining area with a full height bay window providing easterly views over the Harbour entrance and Solent.
A contemporary fireplace with fire.
Wide opening to: Kitchen - With an extensive range of base and wall cupboards incorporating integral Whirlpool oven, a separate microwave, four ring ceramic hob with extractor over and space for American style fridge freezer.
Worksurfaces over and 11⁄2 bowl stainless steel sink unit with mixer tap. Bedroom 1 - A good size double bedroom with a full height bay window.
En-Suite Shower Room - Fully tiled walk-in shower, wash basin, WC and heated towel rail. Cupboards and shelving.
Bedroom 2 - With built-in single beds Bathroom - Bath with mixer tap and shower attachment. Wash basin set in unit with cupboards beneath, WC and heated towel rail.
Outside - There is a designate parking space directly outside the apartment entrance. The property is fully furnished and available from early September.
All furniture, contents, decorations etc seen in the apartment at viewings will be present for a tenancy, with no option to have them removed. Council Tax - Band C.
£2,314.53 per annum (2026/27) A Holding Deposit equal to one weeks' rent will be payable upon commencement of an application to rent this property Tenant protection We are members of The Property Ombudsman Scheme, which is a government approved scheme to provide independent redress in relation to disputes between consumers and property agents.
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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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.
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FAQ
About Apartment 6, Raleigh House, Cowes
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