1-bedroom house · PO32 6HB
Listing removedListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully Equipped 5-Bedroom HMO Room 2 is a well-presented and large double room, offered part-furnished with a double bed, chest of drawers, wardrobe and desk.
There is also room for a sofa, suitable for single occupancy only, in line with licensing requirements.
This well-maintained five-bedroom HMO has been thoughtfully designed to provide comfortable and practical living.
The property features a spacious, fully equipped kitchen, a separate dining room, a bright sun lounge, and access to a private rear garden.
Residents benefit from generous storage throughout the property, along with three fridge/freezers to ensure ample space for all occupants.
The communal areas are cleaned weekly, helping to maintain a clean and pleasant living environment. The house is fully double glazed and heated via gas central heating.
A washing machine and tumble dryer are also provided for convenience.
Although there are five bedrooms in total, one includes an en-suite and another has its own private toilet, meaning the main bathroom is shared between fewer occupants, offering added comfort and privacy.
The property is located on a very quiet street in East Cowes, just a short walk from the town centre, main bus routes to Newport, the Chain Ferry to Cowes, and the Red Funnel ferry to Southampton.
This makes it an ideal location for commuters and those needing easy access to local amenities.
Room 2 is available at £550 per calendar month, including all bills (Council Tax, Gas, Electric, Water, and WiFi).
If successful, one month’s rent in advance and a £550 deposit will be required, secured within the TDS scheme.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Room 2, 137 Clarence Road, East Cowes
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