2-bedroom flat · PO32 6DQ
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the desirable Britannia Way, East Cowes, this immaculate third floor penthouse apartment offers a splendid opportunity for first-time buyers or those seeking a charming holiday home.
With two well-proportioned bedrooms and two modern bathrooms, this property is designed for comfortable living.
The highlight of this apartment is undoubtedly the breathtaking views of the River Medina, which can be enjoyed from the spacious reception room or private balcony.
The light and airy layout creates a welcoming atmosphere, perfect for both relaxation and entertaining. The modern kitchen completes this wonderful home.
Additionally, the property benefits from allocated parking for one vehicle, ensuring convenience in this sought-after waterside location.
Being chain-free adds to the appeal, allowing for a smooth and straightforward purchase process. There is also the option of all fixtures, fittings and furnishings on a separate negotiation.
This penthouse flat is not just a home; it is a lifestyle choice, offering the perfect blend of modern living and picturesque surroundings.
Do not miss the chance to make this stunning property your own.
The coastal resort of East Cowes, has many features that include Waitrose supermarket, convenience stores, plus a varied range of shops and restaurants.
The shingle and sand beach in East Cowes is ideal for families and enjoys fantastic views across the Solent and out towards Cowes marina.
The lovely esplanade boasts a playground, paddling pool, cafe and has a woodland area behind, perfect for leisurely walks. The Red Funnel car ferry service to Southampton is located under a mile away.
Hallway - Lounge/ Diner - 5.30 x 3.64 (17'4" x 11'11") - Kitchen - 3.16 x 2.08 (10'4" x 6'9") - Bedroom 1 - 4.04 x 3.61 (13'3" x 11'10") - En-Suite - 2.41 x 1.34 (7'10" x 4'4") - Bedroom 2 - 3.30 x 3.16 (10'9" x 10'4") - Bathroom - 2.08 x 2.07 (6'9" x 6'9") - Outside - The property has the added benefit of a private balcony with stunning River Medina views.
There is also communal lawn areas, bin store and cycle store. Parking - There is one allocated parking space located to the front of the property.
Additional Information - Fixtures fittings and furnishings are subject for negotiation Maintenance charge - £950 per annum Ground rent - £125 per annum Restrictions - No holiday lettings Pets - Subject to written permission from the board Council Tax - Band B Tenure - Leasehold 999 Year lease with 974 years remaining Services - Mains drainage, water, electric Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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 Britannia Way, East Cowes
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