3-bedroom flat · PO31 7AA
For saleListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the centre of Cowes, this delightful three-bedroom apartment offers a perfect blend of comfort and convenience.
As you enter the apartment, you are greeted by a spacious and inviting living area with doors leading out to a balcony, ideal for both relaxation and entertaining.
The well-designed layout ensures that natural light floods the space, creating a warm and welcoming environment.
The three bedrooms provide ample accommodation, making it suitable for those seeking extra space for guests or a home office.
The apartment is conveniently located near local amenities, including shops, cafes, and recreational facilities, ensuring that all your daily needs are within easy reach.
Additionally, the stunning coastline and beautiful beaches of Cowes are just a short distance away, perfect for leisurely strolls or enjoying water-based activities. VIEWING BY APPOINTMENT.
Communal Entrance to: Entrance Hall - Stairs to lift to 2nd floor. Entrance Door to Flat 33. Entrance Hall - Large walk-in storage cupboard and electric meters. Dimplex night storage heater.
Lounge/Diner - 8.43m x 3.66m ex bay window (27'8" x 12' ex bay wi - Double glazed French Doors to Balcony. Low level square double glazed bay window. Two dimplex night storage heaters.
Television point. Square opening to: Kitchen - 2.69m x 2.41m (8'10" x 7'11") - Range of fitted floor and wall cupboards with bevel edged worktops. Under unit lighting.
Built in electric oven and microwave. Plumbing for washing machine. Integrated dishwasher. Stainless steel sink unit with mixer tap over.
Ceramic electric hob and stainless steel extractor canopy with filter over. Bedroom One - 4.24m x 4.01m (13'11" x 13'2") - Double glazed window. Electric convector heater. Fitted wardrobe cupboards.
Door to: En-Suite Shower Room - Good size tiled shower cubicle. Vanity wash basin and low level WC with concealed cistern. Towel rail/radiator. Dimplex wall heater.
Bedroom Two - 2.95m x 3.10m (9'8" x 10'2") - Double glazed window, electric convector heater. Fitted wardrobe cupboard.
Bedroom Three - 2.82m x 4.11m (9'3" x 13'6" ) - In to low level double glazed bay window. Electric convector heater. Family Bathroom - Panelled spa bath.
Vanity wash basin and low level WC with concealed cistern. Towel rail/radiator. Dimplex wall heater. Outside - Allocated parking space.
Tenure - This property is Leasehold with a share of the Freehold. No ground rent payable. Service charge from 25/3/25 - 24/3/26 £1000.00 for first 6 months followed by £1300.00. Council tax band D.
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
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FAQ
About Medina Gardens, Cowes
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