3-bedroom flat · PO31 7XE
Listing removedListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb third floor apartment is situated in a purpose built block enjoying a balcony with Solent views.
The accommodation comprises master bedroom with ensuite bathroom, two further bedrooms, family bathroom, lounge/diner and kitchen and large loft area.
Under croft car parking space with lift access to upper floors. Gas fired central heating and double glazing.
Central location within Cowes town centre, convenient to High Street and sailing facilities. VIEWING IS HIGHLY RECOMMENDED.
Entrance door into: Hallway - 3.18m x 2.29m (10'5 x 7'6) - Spacious entrance hall with fitted coir matting. Radiator. Three wall lights. Large built in storage cupboard with shelving.
Access to large loft area with pull down ladder.
Doors off to: Lounge/Diner - 6.38m x 5.54m max (20'11 x 18'2 max) - Double glazed floor to ceiling sliding patio doors leading out to balcony with East facing Solent views.
Double glazed large square bay window to dining area with far reaching views over Cowes and the Solent. Two radiators.
Double doors into: Kitchen - 2.39m x 3.78m (7'10 x 12'5) - Fitted with a range of wall and floor cupboards with worktops over. Integral electric oven with gas hob and extractor fan over.
Sink and drainer with mixer tap over. Built in microwave oven. Integral fridge/freezer. Integral washing machine/dryer. Cupboard housing Vaillant gas boiler. Tiled splashbacks.
Master Bedroom - 3.76m x 3.96m max (12'4 x 13' max) - Double glazed window to side. Floor to ceiling fitted wardrobes. Radiator.
Door to: En Suite Bathroom - 3.23m x 2.03m max (10'7 x 6'8 max) - White suite comprising bath with chrome mixer taps and shower attachment over, with glass shower screen.
Vanity unit with sink and chrome mixer tap. WC with concealed cistern. Heated towel rail. Walls partly tiled and mirrored. Bedroom Two - 2.84m x 3.35m (9'4 x 11') - Double glazed window to side.
Fitted wardrobes. Radiator. Bedroom Three - 3.78m x 2.39m (12'5 x 7'10) - Double glazed square bay window to side. Radiator.
Bathroom - 1.78m x 2.36m (5'10 x 7'9) - White suite comprising bath with chrome mixer tap and shower attachment over, with glass shower screen. White inset washbasin and WC with concealed cistern.
Walls partly tiled and mirrored. Heated towel rail. Outside - Surrounding Admiral Gardens there are professionally maintained communal gardens and access to the undercroft allocated parking space.
Tenure - This property is held on the balance of a 999 year lease from 1991. Each flat within Admiral Gardens enjoys a share of the freehold.
Maintenance charge approximately £3706.50 Plus water charge. No Pets. Holiday letting not permitted. Council Tax Band E
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Admiral Gardens, Cowes
Explore nearby
