2-bedroom flat · PO31 7LU
Sold STCListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE! Ideally situated on Park Road, this well-presented two-bedroom ground floor flat is positioned in the heart of Cowes.
The property comprises an entrance hall leading to a light and airy living area. There are two good-sized bedrooms, offering comfortable and flexible accommodation.
A separate kitchen provides practical preparation and storage space, along with a family bathroom completing the internal layout.
A real highlight of this home is the outside space - something not many flats in this central location benefit from.
There are sea glimpses as you step out, along with a good size private courtyard garden, providing valuable outdoor space.
Park Road is a popular residential area within easy reach of Cowes town centre.
The vibrant high street offers a range of independent shops, cafés, restaurants and marinas, while regular passenger ferry services provide convenient links to Southampton.
Living Room 3.68m x 3.66m Kitchen 2.44m x 2.13m Bedroom 1 3.73m x 3.25m Bedroom 2 3m x 2.13m Bathroom 2.44m x 1.22m Tenure Leasehold - Lease Details TBC NB Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80+VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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 Park Road, Cowes, Isle of Wight
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