1-bedroom flat · PO32 6GA
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coast To Castle are pleased to present this freshly decorated one bedroom ground floor apartment, situated on the outskirts of East Cowes.
With modern decor and fittings throughout, the property consists of one double bedroom, a modern bathroom and a well proportioned open plan lounge/ dining/ kitchen.
There are double doors opening out onto a private south facing decked balcony, off of the lounge. There is gas central heating and double glazing. With the benefit of an allocated parking space.
Full references will be required. Deposit £850 A holding deposit will become due once accepted prior to full reference being submitted.
The holding deposit is £100 or 1 weeks rent (whichever is lesser). This is non-refundable if tenant chooses not to continue with tenancy application and agreement.
For unsuccessful applications, the holding deposit will be returned in full.
For successful applicants the holding deposit will then be deducted from the 1st month rent amount due for the tenancy agreement. Hall Entrance hall with telephone entry system. Radiator.
Doors to all rooms. Lounge / Kitchen 3.31m x 5.56m Kitchen includes inset sink, oven, grill and hob. Lounge to French doors and balcony. Double glazed window.
Bedroom 2.75m x 3.74m Storage cupboard houses combination boiler. Double glazed window.
Bathroom 1.97m x 2.0m Suite comprises bath with shower over and screen, close coupled toilet and hand wash basin.
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
We're still gathering serviced-accommodation data for this area.
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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 Flat 3, Anchorage Court, 19 Albert Way, East Cowes, Isle of Wight
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