2-bedroom flat · PO32 6FR
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculate 2-bedroom flat set in wonderful grounds provides a modern home in a sought-after residential setting with convenient access to local amenities and schools.
The property features a private entrance with stairs leading to a spacious landing **stairs currently have a chair lift in place which can be removed if needed** a well-proportioned reception room, suitable for both living and dining space, kitchen, two double bedrooms complemented by two bathrooms that offer practical everyday convenience for residents or visiting guests.
Situated in East Cowes, the flat is well placed for everyday needs, with local shops, supermarkets and services available in the town centre, along with a selection of cafés and eateries near the waterfront and marina.
Nearby schools make the location suitable for those requiring access to primary and secondary education within the local area.
Recreational spaces such as local parks and coastal walks around East Cowes and along the River Medina are within easy reach, offering opportunities for outdoor leisure.
Transport connections are a key advantage: East Cowes provides a regular Red Funnel car ferry service to Southampton, with typical crossings of around one hour, linking to mainline rail services towards London and beyond.
The floating bridge to West Cowes offers a quick link to additional shops, restaurants and the Red Jet passenger service to Southampton, with journey times of around 25 minutes.
Local bus routes connect East Cowes with Newport and other parts of the island, supporting convenient access for commuting and leisure.
Tenure: Share of the freehold Council Tax Band: C Nb Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
Living Room 5.9m (Max) x 5.03m Kitchen (3.96m x 1.85m) Bedroom 1 12 x 2.97m Bedroom 2 10 x 2.9m Bathroom 2.24m x 6 Ensuite Bathroom (1.85m x 1.8m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Flat 8, Millfield House,, Millfield Avenue, Isle of Wight
Explore nearby