3-bedroom bungalow · PO31 8PN
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE!
A well-proportioned three-bedroom detached bungalow set on the popular Coronation Avenue in Cowes, offering generous living space, a large private garden and excellent potential for modernisation.
The accommodation comprises two good-sized double bedrooms and a further single bedroom, ideal as a guest room, home office or hobby space.
A spacious living room sits to the rear of the property with doors opening directly onto the garden, creating a bright and inviting main living area.
There is a separate kitchen, complemented by a useful utility room, providing additional storage and practicality.
Outside, the property benefits from a large, private rear garden, along with driveway parking and a separate garage, offering both convenience and flexibility.
While the bungalow would benefit from some updating, it presents a fantastic opportunity for a buyer to modernise and personalise to their own taste, creating a long-term home.
Coronation Avenue is a well-regarded residential road within easy reach of Cowes town centre, providing access to a wide range of shops, cafés, restaurants and amenities.
Cowes is well known for its sailing culture and waterfront, with regular Red Jet and vehicle ferry links to Southampton.
Scenic coastal walks, parks and good local transport links further enhance the appeal of this convenient and popular location.
NB Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80+VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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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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 Coronation Avenue, Cowes, Isle of Wight
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