2-bedroom bungalow · PO31 8JD
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated along the highly sought-after Cockleton Lane in the ever-popular village of Gurnard, this attractive detached bungalow enjoys easy access to the shoreline, village amenities, and surrounding countryside walks.
Set within a generous plot extending to approximately 200ft in depth, with the majority of the garden lying to the rear, the property offers a wonderful haven for keen gardeners and those seeking space and privacy.
A terrace at the rear enjoys delightful views towards the Solent, creating the perfect spot to relax and unwind.
While the bungalow now requires comprehensive modernisation, it presents an exciting opportunity for a new owner to create a home tailored entirely to their own tastes and requirements.
The substantial plot and desirable location may also offer potential for extension, additional storeys, or even complete redevelopment, subject to the necessary planning permissions and consents.
The bungalow itself has an attractive appearance and retains plenty of character and charm throughout.
Offered with vacant possession, this is a rare opportunity to acquire a property with enormous potential in one of Gurnard's most desirable locations.
Viewing is highly recommended to fully appreciate the setting, views, and possibilities on offer. Porch. Front door to Entrance Hall with radiator.
Lounge - 3.63m (exclud bay) x 3.53m (11'11" (exclud bay) x - Feature bay window. Boarded over fireplace. Radiator.
Bedroom One - 3.56m (exclud bay) x 3.53m (11'8" (exclud bay) x 1 - Feature bay window. Boarded over fireplace. Radiator. Bedroom Two - 2.92m x 3.33m (9'7" x 10'11") - Rear aspect. Radiator.
Boarded over fireplace. Bathroom - Comprising bath, WC and hand basin. Radiator. Kitchen - 3.56m x 3.35m (11'8" x 11') - Comprising a range of units. Larder cupboard. Access to rear patio and gardens.
Cupboard housing boiler. Outside - Approached off Cockleton Lane to parking via 5-bar gate. Side access to the rear. Terrace area off the rear of the property from where some sea views are enjoyed.
The garden is long and extensive and offers the opportunity to establish. Tenure - This property is Freehold. Council tax band D.
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
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FAQ
About Cockleton Lane, Cowes
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