2-bedroom flat · PO31 8BB
To rentListed 62 days · slow let
Opportunity summary
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About
A rare opportunity to rent a two bedroom ground floor apartment, with unrivalled direct sea views and allocated off road parking. Offered Fully Furnished and available mid September.
Spence Willard are delighted to bring this spacious and contemporary apartment to the rental market.
Offering stunning triple aspect sea views from the large Living/Dining Room and West facing sea views from both of the double bedrooms.
Upgraded throughout in recent years, the accommodation is well presented and offers all the comforts of modern living with double glazing and central heating.
The apartment can be accessed from either Queen's Road via a secure gated entry system, or from The Esplanade.
The private front door opening into a large Entrance Hallway with two large built-in storage cupboards and three smaller built-in cloaks cupboards.
Doors lead off to the Principal Bedroom with fabulous sea views, built-in wardrobes and a large Ensuite Bathroom with Japanese style bath, WC and hand basin with large vanity unit above.
The Second double Bedroom benefits from direct sea views and built-in wardrobes. The Shower Room has a large walk-in shower cubicle, WC and basin with vanity unit over.
The Kitchen, comes with a good range of modern units with quartz work surfaces, integrated neff appliances and wide breakfast bar that creates an open and sociable dining space into the Living/Dining area - the real highpoint of this apartment!
A good-sized room with windows to the West and North and sliding doors on the Eastern side, opening out onto a private terrace area. Tenants also have use of the well maintained communal gardens.
Tenants will have the benefit of two allocated parking spaces in the gated undercroft parking area, along with use of an undercroft store.
In a prime waterfront location, Grantham Court is a purpose built development located to the western side of Cowes Parade and the Royal Yacht Squadron.
The amenities of Cowes, including a good range of restaurants, shops, sailing facilities and the frequent high-speed passenger ferry service to Southampton are easily accessible on foot.
The property is offered fully furnished and available now. Council Tax - Band G.
£4,339.74 per annum (2026/27) A Holding Deposit equal to one weeks' rent will be payable upon commencement of an application to rent this property Tenant protection We are members of The Property Ombudsman Scheme, which is a government approved scheme to provide independent redress in relation to disputes between consumers and property agents.
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
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FAQ
About 8 Grantham Court, 10 Queen's Road, Cowes
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