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St. Faith's Road, Cowes, Isle of Wight

South East

£350,000
Listed on 01/05/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1130 sqft

Description

This spacious three-bedroom detached bungalow offers a versatile layout on a tranquil residential street, conveniently located within walking distance of Cowes town centre and its marinas. The home features generous room sizes, including a welcoming sitting room and a sizable kitchen with an adjoining utility area. Each of the three bedrooms is a genuine double, with the principal bedroom boasting its own en-suite shower room, while an additional bathroom enhances family convenience and guest accommodation.<p></p>Outside, the property is equally appealing with ample off-road parking for several vehicles and a garage/workshop equipped with power supply. The private rear garden is designed for low maintenance, making it perfect for outdoor enjoyment without extensive upkeep. This property presents an excellent opportunity for cosmetic renovations, allowing buyers to tailor the space to their personal preferences. Its prime location near local shops, schools, public transport links, and Cowes amenities further adds to its investment potential. Early viewing is advisable to appreciate the possibilities this home holds.<p></p>Room dimensions provide insight into the spacious layout: Lounge (20'0 x 12'0), Kitchen (13'10 x 11'9), Bedroom 1 (19'11 x 10'0), En-Suite (10'0 x 8'2), Bedroom 2 (10'2 x 9'10), Bedroom 3 (12'0 x 9'11), Shower Room (6'3 x 5'9), Utility Room (7'3 x 7'1 narrowing to 4'5 x 3'0), Side Porch (15'4 x 3'9), Garage/Workshop (20'2 x 8'6).

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -3.0% below area average per sq ft

-3.0%
Potential saving
This Property
£310/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£257
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£397,076
10% above area average per sq ft
Potential ROI
+5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO31)

Area prices are falling by -3.8% over the last 12 months
3 year growth: +4.6%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on PO31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

St. Faith's Road, Cowes, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-17.6% since listed
£350,000£15,000(-4.1%)
08/05/2026
Current price
£365,000£25,000(-6.4%)
19/03/2026
£390,000£35,000(-8.2%)
31/05/2025
£425,000Initial listing
01/05/2025

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