2-bedroom house · PO31 8BH
For saleListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE - A 2 bedroom ground floor apartment situated just yards from the beach and esplanade at Cowes. A beautifully appointed apartment, with a single allocated off street parking space.
2 bright bedrooms and double aspect reception provide ample accommodation for a lock up and leave or tidy BTL. A short walk from the beach, and within easy access of the mainland ferry link.
EPC Rating: D Lounge/Diner Dimensions: 16' 11'' x 15' 9'' (5.15m x 4.8m) max. A dual aspect reception.. Kitchen Dimensions: 8' 2'' x 7' 3'' (2.5m x 2.2m).
Modern fitted kitchen with electric hob and cooker. Space for under counter fridge, freezer, and washing machine. Bedroom 1 Dimensions: 16' 0'' x 12' 8'' (4.87m x 3.87m).
Double bedroom with fitted wardrobes. Bedroom 2 Dimensions: 8' 4'' x 8' 2'' (2.55m x 2.48m) max. Double bedroom. Bathroom Fitted bath with electric shower over and screen. W/C and basin.
Tiled floor. Outside There is gravelled parking with a single allocated space. An area for drying clothes and seating.
Tenure Share of Freehold Service Charge: £180pcm - £2160 per annum Zero Ground Rent. 978 years remaining
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 Stanhope Drive, Stanhope Lodge Stanhope Drive, PO31
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