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Alexandra Road, Cowes, Isle of Wight

South East

£225,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
909 sqft

Description

Nestled at the end of a sought-after road in Cowes, this detached bungalow presents an excellent investment opportunity for those ready to undertake a renovation. Just a short walk from the vibrant town centre and local amenities, including Marks and Spencers, as well as convenient transport links, its location is both practical and appealing. The property features a spacious lounge, kitchen/breakfast room, two bedrooms, and a bathroom, providing a solid foundation for transformation. Additional highlights include an attached garage and a driveway that accommodates 2 to 3 vehicles. Each room is currently equipped with single glazed windows with secondary glazing installed, which may require upgrading for better energy efficiency. The kitchen contains basic units and space available for essential appliances, while the outdoor area boasts mature trees and shrubs that could enhance curb appeal with some gardening efforts. Overall, this property allows ample scope for creative renovations tailored to modern living.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£248/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£313,519
10% above area average per sq ft
Potential ROI
+18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PO31)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 5.6%
5 year growth: 22.4%
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

Alexandra Road, 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
£824
Based on a loan of £168,750 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.

Next Steps

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