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See how verdicts work1-bedroom flat · PO32 6GA
For saleReduced £3k (−2.5%) on 26 OctListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This top floor one bedroom apartment affords far reaching views over the surrounding area to the south of the Island. This home also has a balcony and allocated parking area.
The light and airy accommodation benefits from gas fired heating and double glazing. The open plan living area has a modern Kitchen and includes a dishwasher, washing machine and fridge freezer.
There is room for a small table and chairs. Offered chain free this would suit a first time buyer or someone requiring an easy lock up and go living. Communal Entrance With stairs to 2nd floor off.
Entrance Door To: - Flat 12 Entrance Hall - Radiator. Built in cupboard with electric meter. Thermostat controlling heating. Security entry phone control.
Lounge/Kitchen Area - 5.61m x 3.02m (18'5" x 9'11") - Open plan Lounge and Kitchen area. Double glazed doors to balcony. Far reaching views over the south of the Island. TV point. Tall wall radiator.
Inset ceiling lights. Kitchen Area - Porcelain tiled floor. Range of modern wall and floor cupboards with bevel edged worktops. Inset sink with mixer tap. Ceramic hob. Electric cooker below.
Dishwasher and washing machine included. Fridge freezer included. Radiator. Bedroom - 2.72m x 3.91m (8'11" x 12'10") - Built in cupboard housing gas boiler. Double glazed window. Inset ceiling lights.
Tall wall radiator. Bathroom - Panelled bath with electric shower over. Low level WC. Pedestal wash basin. Towel rail/radiator. Tiled floor. Outside - Allocated parking space No A.
Bicycle store and waste storage. Tenure - This property is held on the balance of a 155 year lease from TBC. The current ground rent is TBC and the service charge is TBC. No pets are permitted.
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 19 Albert Way, East Cowes
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