We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PO31 8BT
Listing removedListed 343 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just off the seafront in the charming area of Egypt Esplanade in Cowes, this delightful garden-level apartment offers a retreat for those seeking a peaceful lifestyle.
With two well-proportioned bedrooms, this property is perfectly suited for individuals or couples looking to enjoy the comforts of a retirement development.
The apartment features a modern en-suite wet room and further shower room, ensuring convenience and privacy.
One of the standout features of this home is the access to a lovely patio and communal gardens, where residents can enjoy stunning views of the Solent.
The apartment is equipped with electric heating and double glazing, ensuring a warm and inviting atmosphere throughout the year.
Additionally, a garage is included for, providing secure parking and extra storage space. The Apartment can be purchased without the Garage, price by negotiation. Offered chain free.
This two bedroom garden flat is located on the ground floor with patio doors opening onto the communal gardens.
The accommodation comprises of two bedrooms, one with ensuite bathroom, lounge/diner and fitted kitchen. The property benefits from double glazing and electric heating.
In addition there is use of the communal lounge and indoor swimming pool. Briary Court is an attractive development of purpose built retirement apartments located just off the sea front.
New carpets have been fitted and the property has been redecorated throughout. This apartment also has its own SINGLE GARAGE within the complex. EARLY VIEWING IS HIGHLY RECOMMENDED.
Entrance Hall - Night storage heater, built in airing cupboard housing hot water tank and offering storage. Security entrance phone control.
Lounge - 4.24m x 3.35m 1.22m (13'11" x 11' 4) - Double glazed windows and patio doors leading to gardens and patio area with Solent views.
TV aerial point, mock fireplace and surround with electric point and fire. Electric night storage heater.
Archway to : Kitchen - A range of fitted floor and wall cupboards, worktops, electric cooker and fridge/freezer, countertop dishwasher included within sale. Fitted sink unit with mixer tap over.
Bedroom One - 2.72m x 4.37m (8'11 x 14'4) - Double glazed window. Built in wardrobes, electric night storage heater.
Ensuite Bathroom - Comprising vanity washbasin, low level WC and panelled bath with electric shower over. Electric towel rail and dimplex electric wall heater.
Bedroom Two - 2.41m x 3.05m 0.30m (7'11 x 10' 1) - Built in wardrobe cupboards, wall mounted Creda wall heater, wall light point. Moveable mock fireplace.
Wet Room/Shower - Suite comprising electric shower, low level WC and wash basin. Fully tiled walls.
Outside - Surrounding Briary Court there are most attractive landscaped gardens with large communal viewing terrace, lounge and also the use of a heated swimming pool, guest suite and laundry room.
Garage Tenure - The property is held on a 125 year lease from 1989. Service charge approximately £2601.47 twice yearly. Ground rent approximately £287.85 twice yearly.
Ground rent for Garage approximately £6.25 twice yearly. Council tax band D.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Egypt Esplanade, Cowes
Explore nearby
