2-bedroom flat · PO32 6GT
Let agreedListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Coach House with garage & parking. Available with fully integrated kitchen, two bedrooms (one en-suite) and bathroom.
The property is in a popular area with the amenities and ferry links of East Cowes just a short distance away . Unfurnished - available November 1st - EPC - B / council tax B.
Deposit £1125 EPC Rating: B Entrance Hall Stairs to first floor and spacious landing with window to rear aspect. Doors off to- Kitchen/Living Room Dimensions: 17' 5'' x 12' 2'' (5.30m x 3.71m).
Fitted with a gloss kitchen of wall, drawer and base units. Stainless steel sink and drainer with window above.
Fully integrated appliances to include fridge/freezer, washing machine, dishwasher, electric oven and gas hob. Ample space for living room furniture and large window to front aspect.
Master Bedroom Dimensions: 12' 7'' x 9' 7'' (3.83m x 2.92m). A good size double room with window to front aspect and en-suite with large shower cubicle.
Bedroom 2 Dimensions: 12' 0'' x 7' 9'' (3.65m x 2.36m). Another double room with built in cupboard. Window to front. Bathroom White suite comprising wash hand basin, bath and WC. Window to rear.
Outside Garage and allocated parking space. Please Read Prospective tenants are required to have a combined income of at least 2.5x the rent to pass affordability checks.
If tenant income does not meet this threshold and/or they have poor credit history they may be required to provide a Guarantor.
Guarantors are required to have an income of at least 3x the rent to pass affordability checks, plus no negative credit history.
Based on the advertised rent of: £975.00pcm, the income thresholds are: Tenant(s): £29,250 per year or Guarantor: £35,100 per year We do not discriminate on where income comes from - earnings, benefits, pensions, investments etc are all treated equally.
Parking - Garage Parking - Allocated Parking
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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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
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FAQ
About 94 Captains Parade, East Cowes
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