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See how verdicts work2-bedroom flat · PO31 7DQ
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free! A ground floor apartment offering a spacious living area with open-plan kitchen, two well-proportioned bedrooms, and a shower room completing the accommodation.
To the front is an enclosed courtyard, while the property also benefits from an allocated parking space within a gated and covered car park.
Located in the heart of Cowes, the apartment is close to a variety of shops, restaurants, and cafés.
Cowes is renowned for its sailing heritage and annual regatta, making it a lively and attractive place to live.
Excellent transport links include the Red Jet passenger ferry to Southampton, providing fast access to the mainland.
Living Room (5.8m x 3.7m) Kitchen (2.46m x 1.55m) Bedroom 1 (4.57m x 2.2m) Bedroom 2 (4.5m x 2.1m) Tenure Leasehold - 125 years from 2007. Service Charge: £1,020 per annum.
Ground Rent: £100 per annum. Nb Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80+VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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
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FAQ
About 5, Princess Beatrice Court, 23, Denmark Road, Isle of Wight
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