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See how verdicts work5-bedroom house · PO31 7AJ
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly located and substantial property providing five bedrooms, with a large roof terrace and wonderful sea views The Aspect Situated within a prime position on the High Street, this elegant, historic building is located within the heart of Cowes about a 150 metre walk from the Red Jet Terminal and within the Conservation Area.
Formerly owned by Sir Max Aitken, the property is understood to have been historically in the ownership of Ratsey & Lapthorn Sailmakers, that also owned the adjacent sail loft.
The upper floors of accommodation and roof terrace benefit from stunning views over the Harbour entrance along with The Solent and Hampshire coast beyond.
The property is Listed, Grade II with accommodation extending over the upper three floors.
The property offers further potential for extension, subject to the necessary consents and has been a successful holiday let with an average turnover of £52,500 per annum over the last 3 years.
Cowes is world-renowned for sailing with its principal yacht clubs and marinas being a short walk from the property, as are a good range of independent shops, bars and restaurants.
The high-speed Red Jet ferry service to Southampton takes about 22 minutes to walk to from the property. Accommodation ground floor Hallway Staircase, space and plumbing for washing machine beneath.
First floor Landing Airing cupboard. Three double bedrooms All with built-in cupboards. Shower room Walk-in shower with glazed screen and wash basin. Store cupboard.
Separate WC second floor Open plan living room A spacious reception room with oak flooring and log burning stove with ancient beam over.
Ample space for both seating area and dining area with siding glazed doors and windows to either side providing panoramic views over The Solent and Harbour entrance.
The balcony provides a superb vantage point with steps leading down to a roof terrace which has ample space for seating and dining with great views of The Solent.
Kitchen Fitted with a range of cupboards with appliances including a Bosch oven, 5-ring gas hob with extractor over, integrated fridge and freezer and with space and plumbing for dishwasher.
Outlook over the High Street and wide opening over the work surface to the dining area. Bathroom Bath, wash basin and WC. Large storage cupboard.
Third floor Landing With two roof lights flooding the stairwell with natural light. Door to store room.
Two double bedrooms Both with sliding doors to a balcony enjoying superb sea views across to the Hampshire coast. The principal bedroom is dual aspect and has a dressing area.
Shower room Largely tiled with shower cubicle, wash basin and WC. Additional information Services Mains water, electricity, drainage and gas. Gas-fired central heating.
Tenure Leasehold – 999-year lease council tax Band E postcode PO31 7AJ viewings All viewings strictly by prior appointment with the sole selling agent, Spence Willard. Important notice: 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ('information') as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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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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.
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FAQ
About The Aspect, 84, High Street, Cowes
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