We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · PO31 7ND
Listing removedListed 506 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a quiet street and within easy access of Cowes centre and mainland transport links. This semi detached cottage has 2 bedrooms and a good sized rear low maintenance garden with side access.
In addition there is a external fully insulated home office/studio. An ideal home for investment as a btl - a perfect ftb property or even lock up and leave property near the sea for holidays.
GCH & dg. Sitting Room (10' 6'' x 9' 9'' (3.2m x 2.97m)) A front aspect reception with new double glazed front door.
Kitchen (9' 7'' x 12' 6'' (2.91m x 3.8m) into & under stairs) Situated to the rear of the cottage room using all available space. L-shape arranged storage units and contrasting counter top.
Large built in cupboard. Space and plumbing for your white appliances. Gas boiler. Rear Lobby Door to the rear garden.
Bathroom Ground floor bathroom, complete with panelled bath and shower over, w/c and basin.
First Floor Bedroom 1 (10' 6'' x 9' 7'' (3.21m x 2.92m)) A front aspect double bedroom with built in cupboard over the stairs Bedroom 2 (10' 6'' x 9' 9'' (3.19m x 2.96m)) A rear aspect double bedroom overlooking the garden.
Outside The property is accessed via steps up from the street across a small terraced front garden. Side access and gate provide access to the garden.
The rear garden is low maintenance with cobbled patio and raised area with artificial turf and access to a home office studio. (3.0mx 3.0m) Insulated, with power and lighting. Decked area infront.
N.B Please note - We believe the bathroom to be a single brick skin construction. Please check with your lender if you require any borrowing to purchase this property.
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 advisers 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
FAQ
About 54, Albert Street, Cowes
Explore nearby