3-bedroom terraced house · PO31 7PJ
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful Victorian Cottage overlooking the River Medina. 2 to 3 Bedrooms. Available now - unfurnished. EPC - D - council tax - B.
Deposit £1150 EPC Rating: D Entrance Timber door with glass panels to small lobby, beautiful feature door to hallway. Study Dimensions: 11' 0'' x 7' 10'' (3.35m x 2.39m).
Original sash window to the front. Open fire place with wooden surround and mantle. Built in cupboard to alcove with shelves over. Lounge/Diner Dimensions: 11' 0'' x 11' 1'' (3.35m x 3.38m).
Stripped wooden floorboards. Understairs storage cupboard. Feature exposed brick chimney breast with stone hearth and log burner - Shelves to alcove.
Kitchen Dimensions: 9' 2'' x 9' 4'' (2.8m x 2.84m). Fitted with a range of painted wooden base and wall units, tiled work surface. Double glazed skylights allow light to flood in.
Space for gas oven and fridge. Space & plumbing for washing machine. Inset one and a half bowl sink and drainer with mixer tap. Another beautiful glass panel door to lobby.
Stable door leads to courtyard garden. Storage cupboard. Bathroom Recently refitted with a smart white suite comprising of panelled bath with shower over and glass shower screen.
Pedestal hand basin and low level WC. Frosted double glazed window to side. Bedroom 1 Dimensions: 11' 0'' x 10' 11'' (3.35m x 3.32m).
Lovely light front aspect bedroom with original sash window to the front with river and boat mast glimpses. Built in cupboard. Bedroom 2 Dimensions: 11' 0'' x 10' 11'' (3.35m x 3.34m).
Rear aspect bedroom. Beautiful 'arched' borrowed lights. Large single glazed window. Original fireplace with wooden surround and mantel. Large built in storage with combination boiler. Stairs up to...
Attic Room Dimensions: 10' 10'' x 10' 10'' (3.3m x 3.3m). Currently set up as a double bedroom. Two 'Velux' windows with far reaching views across the roof tops, up and down the River Medina.
Under eaves storage. Outside Steps lead up to a small enclosed courtyard, low maintenance West facing, perfect spot to enjoy a glass of wine of an evening or BBQ's.
Please Read Prospective tenants are required to have a combined income of at least 2.5x the rent to pass affordability checks.
If tenant income does not meet this threshold and/or they have poor credit history they may be required to provide a Guarantor.
Guarantors are required to have an income of at least 3x the rent to pass affordability checks, plus no negative credit history.
Based on the advertised rent of: £1000pcm, the income thresholds are: Tenant(s): £30,000 per year or Guarantor: £36,000 per year We do not discriminate on where income comes from - earnings, benefits, pensions, investments etc are all treated equally.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 230 Arctic Road, Cowes
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