1-bedroom bungalow · PO32 6JR
For saleListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Over 50's Static Park Home * One Bedroom * 44ft x 12ft * Allocated Parking * Good Size Wrap Around Garden * Chain Free * Close To Walks Along The Medina * No Dogs Allowed * Very Well Presented * Situated in a rural and tranquil setting is this beautifully presented static park home offering a good size wrap around garden.
Originally built as a two bedroom this 44ft x 12ft Omar park home is spacious throughout and is located on the central side of Medina Park and enjoys a sought after and peaceful setting with pathways offering a colourful surrounding to this comfortable home.
The accommodation is light throughout and comprises of a welcoming hall with storage, double aspect lounge, kitchen with dining area , one bedroom and shower room wc.
Additional features include double glazing, gas central heating and a good size garden. There is off road parking to the front of the property.
This stunning location has a lovely community feel therefore we highly recommend a viewing to fully appreciate the accommodation and location on offer.
The coastal resort of East Cowes, has many features that include Waitrose supermarket, convenience stores, plus a varied range of shops and restaurants.
The shingle and sand beach in East Cowes is ideal for families and enjoys fantastic views across the Solent and out towards Cowes marina.
The lovely esplanade boasts a playground, paddling pool, cafe and has a woodland area behind, perfect for leisurely walks. The Red Funnel car ferry service to Southampton is located a mile away.
Hallway - Lounge - 4.04 x 3.53 (13'3" x 11'6") - Kitchen/ Diner - 4.70 x 3.58 (15'5" x 11'8") - Bedroom - 3.84 x 3.50 (12'7" x 11'5") - Shower Room - 1.93 x 1.65 (6'3" x 5'4") - Outside - The static home has a wrap around garden that comprises, lawn areas, mature shrubs and bushes, patio area and timber shed.
Parking - Allocated parking is located to the front of the property.
Tenure - Indefinate lease Council Tax - Band A Additional Information - Tenure - Indefinate Lease Over 50's Only 10% Payback on resale Ground Rent - £161.67 per month Sewage Charge - £15.59 per month Services - Unconfirmed gas, electric, telephone, mains water and drainage.
Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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
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FAQ
About Folly Lane, East Cowes
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