2-bedroom property · PO31 8NU
Listing removedListed 588 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This chalet-style bungalow off Rew Street, Cowes, offers an ideal opportunity for those seeking an affordable home or investment.
With two bedrooms and one bathroom, it is well-suited for small families, couples or second-home owners wanting a property near Cowes Marina, especially convenient when heading to the Island for a weekend's sailing.
The property has undergone major renovations carried out by the current owner including the installation of twelve solar panels, upgraded insulation, central heating, new cladding and a large conservatory, increasing the EPC rating from 'E' to 'B'.
The Japanese-style deep soaking bath is a highlight!
Situated just 200 metres from Gurnard sea front and a short drive from Cowes Marina, the location provides easy access to stunning coastal walks and scenic views.
The area is known for its tranquil setting and is popular with both residents and visitors. For those with children, local schools are within reach.
In nearby Gurnard village, the Gurnard Press Bistro and Portland Inn pub are favourite local eateries and both are hubs for community activities. The village also has a well-stocked grocery shop.
Located in a quiet close, the property includes a driveway providing off-street parking and features a sunny, private rear garden.
It also benefits from all mains services and comes with the advantage of being freehold
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
Agent & docs
FAQ
About 8 Lower Hornhill, Rew Street, Cowes
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