2-bedroom flat · PO31 7EG
For saleReduced £19.9k (−10%) on 21 JunListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** open day 9th may!
** Charming Two-Bedroom Maisonette with Parking Situated in a sought-after location just moments from Cowes town centre and the seafront, this well-presented two-bedroom maisonette offers spacious and versatile accommodation, ideal for first-time buyers, investors, or those seeking a coastal retreat.
The property boasts a bright and airy living room with plenty of natural light, creating a welcoming space for relaxing or entertaining.
The fitted kitchen/diner is well-appointed with ample storage and worktop space, making it both practical and functional for everyday living.
Upstairs, there are two generously sized bedrooms, both offering comfortable accommodation, along with a modern family bathroom and seperate wc.
The layout provides a distinct separation between living and sleeping areas, enhancing the overall sense of space.
A particular benefit of this home is the inclusion of allocated/off-road parking, a valuable addition in this popular central location.
Located on Mill Hill Road, the property enjoys easy access to Cowes’ vibrant high street, with its array of shops, cafés, and restaurants, as well as excellent transport links including the Red Jet ferry service to Southampton.
The nearby waterfront and marinas add to the appeal, making this an ideal base for those who enjoy coastal living.
Early viewing is highly recommended to fully appreciate what this property has to offer.
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
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FAQ
About 53, Mill Hill Road, Isle of Wight
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