2-bedroom flat · PO31 7TN
Listing removedReduced £50 (−4.8%) on 15 JulListed 151 days · slow let
Opportunity summary
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About
1. Please note: Property reference number: Ref:10662 use on this goes direct to the landlord 2. Click ‘Request Details’ 3. Enter your Name, Email and Phone etc. 4.
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Complete that form Renovated, stylish and spacious 2 bedroom 2nd floor apartment located conveniently close to all local amenities and over-looking Cowes harbour and the Solent 2 generously sized bedrooms Generous sitting room overlooking the harbour and Solent Newly fitted designed kitchen Refitted bathroom with shower over bath New pressurised hot water system New Electrical System New high efficiency electrical heating system Newly decorated Carpeted wit deep underlay Direct views over Cowes Harboiur Far reaching view views over the eastern Solent Glimpses of Northwood Park to the rear Fully Double Glazed This very stylish newly renovated, designer 2nd floor apartment .
Sitting Room 14' 9'' x 11' 10'' (4.5m x 3.6m) A large reception with terrific views of Cowes. Kitchen 10' 10'' x 9' 2'' (3.3m x 2.8m) A modern fitted kitchen with hob/cooker and microwave.
Plenty of storage and plumbing for washing machine. Bedroom 1 11' 10'' x 11' 2'' (3.6m x 3.4m) Large double bedroom with views. Bedroom 2 11' 2'' x 9' 6'' (3.4m x 2.9m) A rear aspect double bedroom.
Bathroom A well appointed space with bath and shower over, w/c and basin - heated towel rail. Deposit: £1200 EPC rating: E No fees
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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About Flat 3, Northwood Place, Cowes
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