3-bedroom flat · PO31 7AZ
Listing removedReduced £25k (−9.1%) on 3 SepListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious first-floor apartment situated in the heart of Cowes.
This highly convenient home features a well-proportioned interior, lift access, and allocated parking just moments from the marina.
Situated on the first floor of this well-established central Cowes development, this spacious and naturally light apartment offers well-proportioned accommodation throughout.
The property comprises three bedrooms, two bathrooms (one en-suite), a generous open-plan living area, and a separate kitchen.
Finished in neutral tones, the apartment benefits from double glazing and electric heating.
Medina Gardens is a sought-after development of apartments and modern townhouses built to a high specification in the heart of Cowes.
The property offers excellent convenience, located within a short walk of the marina, local shops, and town amenities.
For mainland connections, the Red Jet high-speed passenger service to Southampton is easily accessible and takes approximately 25 minutes.
Accommodation Communal entrance hall Video intercom entry system with stairs and lift access to all floors. Apartment entrance lobby Wall hooks providing hanging space.
Hallway Spacious hallway with video intercom entry system. Access to all principal reception rooms and bedrooms. Cupboard with storage shelves.
Sitting room & dining area French doors through to a generously proportioned living area benefitting from abundant natural light. Ample space for large dining table. Views over the courtyard.
Kitchen Comprehensively fitted modern kitchen with a range of wall and base units. Integrated appliances include a dishwasher, washer/ dryer, oven and microwave. Large American-style fridge freezer.
Electric hob with extractor over, 11⁄2 sink unit. Master bedroom Well-proportioned double bedroom. Ample space for cupboards.
En-suite shower room Enclosed tiled shower, wash hand basin set upon a vanity unit, heated towel rail, WC and wall mounted mirror. Bedroom two Double bedroom offering partial sea views.
Space for cupboards. Bedroom three Double bedroom, space for cupboards. Bathroom Whirlpool style. Wash hand basin set upon a vanity unit, WC, heated towel rail and wall mounted glass mirror.
Outside Residents benefit from a central courtyard featuring planted borders and lawned gardens. The property includes allocated parking and access to visitor parking.
Services Mains water, electricity & drainage. Tenure Original 125 year lease with a share of the Freehold. Service charge £2,600 per annum paid in two instalments.
Please note holiday letting and pets are prohibited. Long term residential letting is permitted.
Council tax band D EPC Rating tbc postcode PO31 7AZ Viewings Strictly by appointment with the selling agents, Spence Willard. Important notice: 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ('information') as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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
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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.
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FAQ
About 17 Raleigh House, Medina Gardens, Cowes
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