2-bedroom house · PO31 8QY
Listing removedReduced £10k (−4.5%) on 11 JulListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away within a quiet position in Cowes, this modern two-bedroom end-of-terrace home is perfectly suited to first-time buyers looking for a stylish, low-maintenance property close to everyday amenities and mainland travel connections.
The ground floor is well laid out for modern living, with a spacious kitchen/dining room positioned at the front of the property offering ample storage, workspace and room to dine comfortably.
To the rear, the lounge provides a bright and relaxing living space, with double doors opening directly onto the garden.
A useful cloakroom/WC is neatly positioned beneath the stairs, adding further practicality to the layout.
Upstairs, both bedrooms are comfortable doubles, making the property far more versatile than many similar homes in this price range.
Whether used for guests, home working or simply extra space, the layout adapts easily to changing needs. The bathroom is smartly presented with a contemporary white suite and shower over bath.
Outside, the enclosed rear garden has been designed for ease of maintenance, creating a private outdoor space ideal for relaxing or entertaining without extensive upkeep.
To the front, the property benefits from off-road parking for two vehicles - a valuable feature in this popular Cowes location.
The town centre, local supermarkets, bus routes and Red Jet ferry links to Southampton are all within easy reach.
The property is also conveniently positioned close to the popular Red Squirrel Trail, offering scenic walking and cycling routes along the River Medina towards Newport and beyond
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 78, Nelson Drive, Cowes
Explore nearby