2-bedroom property · PO31 7PU
Listing removedReduced £5k (−1.9%) on 21 JunListed 302 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Owned by the same family for 62 years, this much-loved end-terrace home is now ready for its next chapter.
Ideally located in Cowes, it sits just moments from shops, schools, bus routes, cycle paths, Cowes medical centre, and the Red Jet passenger ferry.
Downstairs, the spacious property features a cosy living room, separate dining room, a modern shower room, and a good-sized kitchen.
Upstairs, the property comprises two double bedrooms both with built-in wardrobes, an en-suite, and a versatile loft room with storage.
In addition to this, the property benefits from a large garden with a potting shed, an outdoor toilet and a separate shed, off-road parking, and views of the River Medina and the Solent.
The rear of the property also benefits from a newly installed roof, completed in 2024.
Requiring modernisation, the property presents an exciting opportunity for new owners to refurbish and personalise throughout. Entrance Hallway Doors to living room and dining room.
Radiator (gas central heating). Living Room (11' 11'' x 9' 4'' (3.63m x 2.84m)) Double glazed bay window to front. Radiator (gas central heating).
Dining Room (12' 4'' x 12' 4'' (3.76m x 3.76m)) Double glazed window to side. Radiator (gas central heating). Hallway Radiator (gas central heating).
Shower Room (5' 5'' x 9' 10'' (1.65m x 3.00m)) Double glazed window to side. Radiator (gas central heating). Kitchen (11' 11'' x 10' 5'' (3.63m x 3.18m)) Double glazed windows to front and rear.
Double glazed door to garden. Radiator (gas central heating). First Floor Landing Double glazed window to side. Radiator (gas central heating).
Bedroom 1 (14' 1'' x 11' 11'' (4.28m x 3.63m)) Double glazed windows to front and rear. Radiator (gas central heating). Built-in wardrobes and cupboard.
En-Suite (9' 9'' x 6' 9'' (2.98m x 2.07m)) Double glazed window to rear. Radiator (gas central heating). Bedroom 2 (13' 3'' x 10' 9'' (4.04m x 3.28m)) Double glazed window to front.
Radiator (gas central heating. Built-in wardrobes. Loft Room (10' 6'' x 9' 2'' (3.19m x 2.79m)) Double glazed window to side. Double glazed velux window to rear. Radiator (gas central heating).
Eaves storage.
Value & comps
No previous sales on record.
Returns
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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 194, Newport Road, Cowes
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