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See how verdicts work1-bedroom flat · PO32 6GA
Listing removedListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coast To Castle are delighted to present this beautifully presented one-bedroom, top-floor apartment, enviably positioned on the outskirts of East Cowes.
Beautifully presented with modern décor and quality fittings throughout and a recently refurbished bathroom, The Moorings offers an ideal purchase for first-time buyers seeking a home requiring minimal upkeep, investors looking for a strong return (approximately 8% yield), or anyone wishing to enjoy low-maintenance living.
The accommodation comprises a well-sized double bedroom, a stylish modern bathroom and an impressive open-plan lounge/dining/kitchen area, with wood effect flooring and a feature fire.
It also has the added benefit of integrated appliances in the kitchen. From the lounge, double doors open onto a private balcony—perfect for relaxing or entertaining.
Further benefits include gas central heating and double glazing. There is also a good size useable loft space, for those needing extra storage.
The property also enjoys an allocated parking space and is offered for sale with vacant possession and no forward chain.
Lease info Approx 137 years remaining on lease Charges - £1313 per annum £256.29 ground rent £196 per annum greenbelt charges for communal maintenance Communal entrance Entry phone system.
Stairs to first and second floor apartments. Apartment entrance hall Doors to rooms. Built in cupboard. Radiator.
Open plan Lounge/ Kitchen/ Diner 3.01m x 5.64m A bright and airy room, with an open plan aspect.Convector fan heater, with flame effect features.
Double doors opening out onto a balcony. Radiator. Wood effect flooring.Broadband point. Kitchen area A range of modern wall and base units. Twin electric hob, with stainless steel splashback.
Built in microwave oven. Built in washing machine. Built in dishwasher. Stainless steel round bowl sink. Black granite effect worktops. Radiator. Space for fridge freezer.
Bathroom A recently refurbished great size bathroom, consisting of a modern three piece suite. Panelled bath with mains shower over and splashback tiles. Glass Shower screen. Close coupled W.C.
hand wash basin. Heated towel rail. Bedroom 1 Radiator. Built in cupboard housing combi boiler. Double glazed window to front.
Balcony An enclosed balcony with metal railings and non slip panelled flooring. Space for small table and chairs. With views over to cowes.
Outside A bin cupboard can be found to the side of the property. Parking One allocated parking space is available with this property.
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 Flat 10, The Moorings, 21 Albert Way, East Cowes,
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