3-bedroom terraced house · PO31 7DR
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DP1216 Zero Deposit Guarantee Available Just being redecorated and bathroom upgraded.
This attractive three bedroom Victorian family home is available to rent immediately and offers generous living space throughout, complemented by a number of charming period features.
The property opens into a bright and spacious living room, where the bay window allows plenty of natural light to flood in. A feature fireplace adds character and warmth to the space.
Continuing along the hallway, you’ll find a separate dining room to the left, ideal for family meals or entertaining.
At the rear sits a practical galley‐style kitchen with plumbing in place for both a washing machine and dishwasher.
Beyond the kitchen is the family bathroom, fitted with a white suite and shower over the bath. A door from the kitchen provides direct access to the rear garden.
Upstairs are three well‐proportioned bedrooms. The master bedroom is exceptionally large, the middle bedroom is a comfortable double, and the rear bedroom offers a spacious single.
For added convenience, there is also a WC on this floor.
The location is ideal for those needing easy access to commuter links, with Cowes town centre and the Red Funnel ferry both just a short walk away.
Cowes itself offers a vibrant lifestyle, with its seafront, beaches, cafés, restaurants and lively social scene — making this home a great choice for families and professionals alike.
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
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 68, Pelham Road, Cowes
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