3-bedroom bungalow · PO31 8LS
For saleListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in sought-after Pallance Road, this detached bungalow enjoys a delightful setting backing onto open fields with the Solent providing a stunning backdrop.
The well-presented accommodation includes three bedrooms, a spacious lounge/dining room and a conservatory opening onto a generous lawned garden, perfectly positioned to take in the impressive sea views.
With excellent scope to extend to the side and, subject to the necessary consents, create a first floor, this is a home that can evolve with its owners' needs over time.
Whether you're a growing family or simply looking for a property with outstanding potential in a highly desirable location, this is an opportunity not to be missed. Porch to Entrance Door.
Entrance Hall - Radiator. Loft access. Bedroom Three - 3.02m x 2.03m (9'11" x 6'8") - Double aspect. Radiator. Bedroom One - 3.51m x 3.05m (11'6" x 10') - Front aspect. Radiator.
Wet Room & Wc - Shower. WC and vanity unit with sink unit. Bedroom Two - 3.20m x 2.49m (10'6" x 8'2") - Side aspect. Radiator. Kitchen - 2.79m x 1.93m (9'2" x 6'4") - Side aspect. Range of units.
Single drainer stainless steel sink unit. Plumbing for washing machine. Servery to Lounge. Lounge/Diner - 5.11m x 3.05m (16'9" x 10') - Side aspect. Radiators. Fireplace.
Double doors to:- Conservatory - 4.19m x 4.14m (13'9" x 13'7") - Two radiators. Opening on to the garden with views beyond.
Outside - The property enjoys a super plot with ample room to the front, side and rear.
Importantly, there is enough room to the side should you decide to extend (subject to permissions) To the front is a large paved area for ample parking. There is a Garage too (supplied with power).
There is also a substantial workshop supplied with power and light. The side area is paved and the rear is laid to lawn and backs on to open field.
Superb views of the Solent are enjoyed from the gardens. Tenure - This property is Freehold. Council tax band C.
Value & comps
No previous sales on record.
Returns
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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 Pallance Road, Northwood, Cowes
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