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Albert Street, Cowes

South East

£169,000
Listed on 07/03/2025

Property Details

Bedrooms
3
Type
House
Area
775 sqft

Description

Nestled in the heart of Albert Street, this three-bedroom character cottage offers a prime opportunity for buyers seeking a renovation project. The property is ideally located near the town centre and local amenities, making it a potentially lucrative investment. Though it requires comprehensive refurbishment, it serves as a blank canvas where new owners can infuse their personal touch and design preferences. The vibrant community of Cowes, with its scenic surroundings and accessible shops and cafes, enhances the attractiveness of this property. This home features an inviting layout, including a lounge with a boarded fireplace, a kitchen/diner equipped with essential fittings, and three well-sized bedrooms across two floors. While currently dated and in need of significant modernisation throughout, this property is ripe for transformation into a stunning family home or rental investment.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -30.9% below area average per sq ft

-30.9%
Potential saving
This Property
£218/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£269,177
10% above area average per sq ft
Potential ROI
+17.5%
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
7%
Properties sold annually

Local Market Trend (PO31)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +4.3%
5 year growth: +15.3%
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

Albert Street, Cowes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£599
Based on a loan of £126,750 over 30 years at 3.91% 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

-13.3% since listed
£169,000£11,000(-6.1%)
02/02/2026
Current price
£180,000£15,000(-7.7%)
29/09/2025
£195,000Initial listing
07/03/2025

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