2-bedroom house · PO31 8RW
Listing removedListed 57 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DP1216 Lounge/Kitchen/Diner This open-plan living space combines lounge, kitchen, and dining areas, creating a warm and inviting atmosphere.
The kitchen is fitted with light-coloured cabinetry and wooden worktops, equipped with an oven, hob, washing machine, dishwasher, and fridge-freezer.
The lounge area features comfortable seating arranged on a textured rug, with natural light flooding in from a window and a door leading outside, enhancing the room's airy feel.
The wooden flooring ties the space together, making it perfect for both relaxing and entertaining.
Bedroom 1 This bedroom offers a cozy and restful ambience with a double bed framed by built-in wardrobes and overhead storage, providing excellent storage solutions.
A window with red curtains allows in natural light, while neutral walls and a simple carpet complete the peaceful setting.
Bedroom 2 Set up as a smaller bedroom, this room features a double bed and a window with red curtains that adds a touch of warmth.
The room’s white walls and carpet create a neutral backdrop suitable for a variety of uses, from a guest room to a home office.
Bathroom The bathroom is fitted with a white suite including a bath with overhead shower, wash basin, and WC.
The walls are tiled in white with a decorative border, and a frosted window allows natural light while maintaining privacy. It is functional and clean, with practical fixtures and fittings.
Garden The exterior includes a paved patio area with a wooden picnic bench, enclosed by low walls that offer privacy.
This outdoor space is ideal for enjoying fresh air and dining al fresco, with direct access from the property. Surrounding greenery adds a pleasant backdrop to the area.
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
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FAQ
About 156, Cockleton Lane, Cowes
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