2-bedroom bungalow · PO31 8QY
Listing removedListed 361 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a quiet corner of Cowes this semi-detached two-bedroom bungalow offers an excellent opportunity to create a comfortable home in a convenient location.
With rear views towards the River Medina, private parking, and no onward chain, it’s an ideal choice for first-time buyers, downsizers, or anyone seeking a light renovation project.
Inside, the layout flows naturally from a welcoming entrance porch into a generous living room with an oriel window to the front, allowing plenty of natural light.
The adjoining kitchen overlooks the rear garden and captures glimpses of the Medina, providing a peaceful backdrop while you cook or enjoy your morning coffee.
There are two bedrooms - a main double with built-in wardrobes and a quiet rear aspect, and a second bedroom ideal for guests or use as a home office.
The bathroom features a traditional suite with a bath and shower over, WC, and hand basin.
Outside, the rear garden is fully enclosed and designed for low maintenance, paved throughout and enjoying an elevated view across to the river. There’s side access for practicality.
At the front, you’ll find off-road parking directly outside the property.
Nelson Drive is ideally positioned for easy living - within walking distance of Cowes Medical Centre, local bus routes, and the Red Squirrel Trail that runs along the river into Newport.
Cowes town centre, the Red Jet ferry to Southampton, and a wide range of shops and cafes are also within easy reach.
Offered chain-free and ready to go, this well-positioned semi-detached bungalow combines convenience, comfort, and scope for improvement - a perfect blank canvas for your next move
Value & comps
No previous sales on record.
Returns
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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 22, Nelson Drive, Cowes
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