3-bedroom flat · PO32 6RB
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to purchase a stylish, recently renovated apartment arranged over two floors, enjoying attractive River views and ideally positioned within easy reach of the Red Funnel terminal and the Floating Bridge to Cowes.
The apartment retains much character and offers well-presented accommodation including a superb fitted Kitchen and Dining area, a comfortable Lounge enjoying River views, and three Bedrooms.
Offering excellent versatility, the property is ideally suited to a variety of purchasers, whether as a second home, a highly appealing holiday let or sailing crew accommodation.
Equally, it would make a wonderful home for those looking to enjoy the convenience and vibrancy of town living, with local amenities close at hand.
The property forms part of a building which is also available to purchase as a whole freehold investment. The ground floor of which is currently let to the Ship & Castle pub.
Further details are available upon request. Entrance door to: Hallway - Private entrance off Marsh Road. Stairs off to first floor. Radiator. First Floor - Stairs off to second floor. Radiator.
Bathroom - Contemporary white suite with bath and shower over. WC. Vanity unit with wash hand basin. Heated towel rail. Door to outside roof terrace.
Kitchen / Diner - Super bright room with a double aspect. Fitted with a range of contemporary units with integral double oven and gas hob, fridge freezer and dishwasher. Breakfast bar peninsula.
Radiator. Spacious Dining area/Living space. Lounge - Bay window offering views towards the river Medina. Radiator. Second Floor - Landing - Radiator.
Bedroom One - Window with views over the river towards West Cowes. Radiator. Bedroom Two - Window with side aspect. Radiator. Bedroom Three - Window with side aspect. Radiator.
Outside - There is a roof terrace accessed via the Bathroom. Tenure - A new 999 year lease will be created. Ground Rent to be confirmed. Council tax band to be confirmed.
Value & comps
No previous sales on record.
Returns
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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 Marsh Road, East Cowes
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