2-bedroom flat · PO31 7XB
For saleListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom top-floor flat enjoys a superb position on Medina Road, just a stone’s throw from Cowes High Street, the Red Jet terminal, and an excellent selection of shops, cafés, and coastal walks.
The open-plan reception room combines lounge and dining areas, creating a bright and welcoming space for relaxing or entertaining.
Expansive windows fill the room with natural light, while sliding doors open onto a private balcony with stunning Solent views - the ideal spot to unwind.
A practical galley kitchen is fitted with quality units and appliances, offering an efficient and enjoyable space for meal preparation.
There are two well-proportioned bedrooms, including a generous double and a single. A full bathroom completes the accommodation.
Further benefits include a residents’ parking area, providing convenience and peace of mind in this popular location.
With its fantastic position, versatile layout, and exceptional views, this flat presents a rare chance to secure a coastal home in the heart of Cowes.
Tenure Leasehold - Service Charge + Ground Rent: Bi-annual payments of £516 (£1032 Annually) Lease Length: 860 Years Remaining 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
FAQ
About Medina Road, Cowes, Isle of Wight
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