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Hefford Road, East Cowes, Isle of Wight

South East

£280,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
769 sqft

Description

This two-bedroom bungalow in East Cowes presents a unique opportunity for renovation and investment, ideally situated in a desirable neighborhood. With an inviting layout and solid foundational elements, this property is poised for both immediate comfort and potential future enhancements. Inside, the spacious lounge/diner serves as the heart of the home, seamlessly extending into a bright conservatory that overlooks the private garden. This area offers ample natural light, making it suitable for various uses such as a reading nook or play area. The generous outdoor space is an appealing feature, providing a tranquil setting for relaxation or gardening. The bungalow boasts several modern updates including a new roof, double glazing throughout, and new light fixtures. The presence of two French doors enhances connectivity to the garden, encouraging indoor-outdoor living. Both bedrooms are proportionate and provide peaceful retreats after a long day, complemented by a clean bathroom outfitted with both bath and shower options. For those considering expansion or renovation, there is significant scope to modify the existing layout and enhance living spaces according to personal preferences or investment goals. Outside, the property features a private driveway alongside a detached garage that is equipped with electricity and damp-proofing—ideal for storage or workshop activities—and additional on-road parking is available for visitors. Located near stunning coastal walks, local amenities such as shops and cafés, as well as ferry links to the mainland, this bungalow not only offers comfortable living but also promises promising returns on investment through thoughtful renovations. Chain-free and ready for new ownership, this property presents an exciting canvas for your vision.

Investment Analysis

(PO32 area)

Above Market Value

This property is priced +30.9% above area average per sq ft

+30.9%
This Property
£364/sq ft
Area Average
£278/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,287
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO32)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 2.8%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on PO32 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

Hefford Road, East Cowes, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE