2-bedroom flat · PO31 8BW
For saleListed 137 days
Opportunity summary
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About
Ground floor apartment ~ Two bedrooms ~ Parking and garage ~ Fantastic sea views Two Bedroom Ground Floor Apartment A quiet apartment with a private patio area that has beautiful views across the Solent.
With two bath/shower rooms, a large sitting room and dining area which follows through to the kitchen. There is allocated parking and private garage within the pristine communal outside area.
Situated on Queens Road, Cowes, this apartment has an enviable position with almost instant access to the seafront and a short walk into Cowes Old Town.
This newly decorated home is ready to move into and has the bonus of being chain free.
Melcombe House Believed to be originally Admiral Spencer Victor York de Horsey's home which has now been divided into apartments with this home being a flawless extension to the main building.
Turning immediately off the seafront, the drive leads up to this impressive looking character building with immaculate flower beds and lawns.
Being built on a raised aspect results in stunning panoramic views of the Solent and across to the mainland.
Interior Access is via a secure entry system into a smart communal lobby, Apartment 7 is found on the ground floor.
This apartment has high ceilings, airy spacious rooms and tall wide windows that allows light to flood in.
There is wooden flooring throughout the hallway, reception areas and one of the bedrooms, giving seemless connection.
All rooms lead off the hallway with its deep storage cupboards, one containing the Vaillant water cylinder, and some of them being floor to ceiling.
The two double bedrooms both have double French doors leading to the private rear patio area, one having multiple built in storage cupboards and the other with an ensuite shower room, basin and WC.
The separate bathroom has a bath with a hand held shower, basin and WC.
Gorgeous views, and the ever changing seascape, can be viewed from the spacious sitting round through the large double French doors and windows.
This room has a plenty of space for a dining area which is adjacent to the kitchen which has a wide array of white wall and base units with space/plumbing for a washing machine and dishwasher and an integrated four ring gas hob and oven.
Exterior The communal gardens are well maintained and spread out across this elevated position. There is allocated parking for the apartment and a visitors parking space, along with it's own garage.
The apartment itself has its own patio areas both at the front and rear of the property giving private outside space.
Cowes Cowes is rich in nautical heritage and an international mecca for sailing, culminating in Cowes Week held in August each year.
It has quick access to Southampton via the more modern Red Jet as well as many marinas and sailing clubs dotted along the waterfront.
Within the High Street there are two supermarkets, many boutique shops, pubs and eateries.
Historical Northwood House & Park hosts weddings, fairs, concerts and conferences with outside space to enjoy walks.
The chain ferry links Cowes to East Cowes where you can find the Red Funnel car and passenger ferry to the mainland.
Further Information Tenure: Leasehold, 999 year lease from December 1997 EPC: D Council tax band: E No holiday lets Mains gas, electricity, sewerage and water Maintenance charge 2025 £4,000 includes buildings insurance, maintenance and gardening Gas central heating via Vaillant boiler
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 7, Melcombe House, 53, Queens Road, Cowes
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