2-bedroom house · PO31 7AG
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free - A well-appointed second-floor apartment in a purpose-built block, positioned to make the most of its river outlook.
Two bedrooms, two bathrooms, and off-street parking tick the practical boxes, while the lift makes it as accessible as it is desirable.
Whether you are looking for a permanent riverside home or a low-maintenance island base, this apartment delivers the kind of views that make a morning coffee worth getting up for.
EPC Rating: B Lounge/Diner Dimensions: 17' 10'' x 11' 10'' (5.44m x 3.6m) max. A dual purpose main reception with Patio doors onto a river facing balcony. Serving hatch to the kitchen.
Kitchen Dimensions: 8' 8'' x 6' 11'' (2.65m x 2.1m). Compact kitchen with plenty of storage units. Integrated appliance include, Fridge/freezer, washing machine, dishwasher, cooker and hob.
Bedroom 1 Dimensions: 15' 11'' x 8' 7'' (4.84m x 2.62m). A rear aspect double bedroom - complete with wardrobes and drawers set. Ensuite. Ensuite Shower cubicle, w/c, basin and heated towel rail.
Bedroom 2 Dimensions: 13' 6'' x 8' 9'' (4.11m x 2.67m). Rear aspect double bedroom. Drawer set and built in wardrobe. Bathroom Main bathroom, with panelled bath, w/c and basin.
Outside The property has an allocated off street parking parking space for a single vehicle. There is a communal bike shed. Tenure The property is share of freehold 1/7th. 977 year lease remaining.
Service charge is £120 per calendar month. Annual elevator maintenance charge £150 annually.
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 6, 284 Arctic Road, Cowes
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