3-bedroom terraced house · PO31 7ND
Listing removedReduced £10k (−4.5%) on 21 JunListed 238 days
Opportunity summary
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About
Pretty Victorian Cottage, tastefully modernised in recent years to a high standard, and beautifully presented. With 3 bedrooms, 2 receptions and garden.
Located in a quiet street just a short walk from Cowes town and marina. A fantastic holiday lock up and leave or forever home. Chain free.
Lounge (10' 10'' x 10' 6'' (3.3m x 3.2m)) Beautifully decorated in seaside blues. Oak flooring which continues to reception room two. Original fireplace with slate hearth.
Dining Room (11' 2'' x 10' 10'' (3.4m x 3.3m)) A second reception with rear aspect. Stairs rise to first floor with clever storage solutions underneath in the shape of three cupboards.
Further built in storage cupboard. Oak flooring.
Kitchen (10' 6'' x 5' 9'' (3.2m x 1.75m)) Fitted with range of 'antique cream' base and wall mounted units with solid wood work surfaces over and under cupboard lighting.
Stainless steel sink and drainer with 'swan neck' mixer tap. Integral appliances include washer/dryer, fan assisted oven with gas hob and stainless steel extractor hood. Space for tall fridge freezer.
Oak flooring. Double glazed door and side window to rear garden. Bathroom (0) Edwardian style white suite consisting of panelled bath with shower over, hand basin and low level WC.
Tiled in pale aqua around the bath. Oak flooring. Bedroom One (11' 2'' x 10' 6'' (3.4m x 3.2m)) A good size double bedroom with neutral decor and carpets.
Bedroom Two (7' 10'' x 6' 7'' (2.4m x 2.0m)) A good single bedroom with neutral decor and carpets. Attic Room (11' 2'' x 11' 2'' (3.4m x 3.4m) max) Pretty attic room with Velux window.
Cloakroom (0) A welcome addition to the home! Fitted with contemporary style low level WC and hand basin. Rear Garden Terraced rear garden. Patio and areas for planting. Westerly aspect.
Value & comps
No previous sales on record.
Returns
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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 32, Albert Street, Cowes
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