Worst House on the Street Logo
Nelson Drive, Cowes, PO31 - Image 1
Nelson Drive, Cowes, PO31 - Image 2
Nelson Drive, Cowes, PO31 - Image 3
Nelson Drive, Cowes, PO31 - Image 4
Nelson Drive, Cowes, PO31 - Image 5
Nelson Drive, Cowes, PO31 - Image 6
Nelson Drive, Cowes, PO31 - Image 7
Nelson Drive, Cowes, PO31 - Image 8
Nelson Drive, Cowes, PO31 - Image 9
Nelson Drive, Cowes, PO31 - Image 10
Nelson Drive, Cowes, PO31 - Image 11

Nelson Drive, Cowes, PO31

South East

£225,000
Listed on 29/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
495 sqft

Description

Nestled in a tranquil area of Cowes, this semi-detached bungalow presents a unique opportunity for renovation and investment. The property features two bedrooms and offers a functional layout that encourages creativity and personalization, making it an appealing prospect for those looking to put their own stamp on a home. As you enter, you’re greeted by a welcoming entrance porch that leads into a spacious living room, complete with an oriel window that invites natural light to flood the space. This room serves as a versatile foundation for future enhancements. The kitchen provides an opportunity to be reimagined, overlooking the rear garden and offering glimpses of the River Medina — an ideal setting for morning coffee or casual dining. The two bedrooms include a primary double bedroom with built-in wardrobes and serene views toward the rear, along with a second bedroom that could function as either guest accommodation or a dedicated home office. The bathroom retains its original fixtures with a traditional suite featuring both bath and shower options, providing functional comfort while allowing room for updates. Outside, the fully enclosed rear garden is designed for easy upkeep, paved throughout and elevated to enjoy scenic river views. Side access enhances practicality and convenience. At the front of the bungalow, off-road parking offers quick accessibility. Located within walking distance of essential amenities such as Cowes Medical Centre, local bus routes, and the picturesque Red Squirrel Trail along the river to Newport, this property is strategically positioned for ease of living. Additionally, Cowes town centre — with its diverse shops and cafes — along with access to the Red Jet ferry service to Southampton are just moments away. Offered chain-free, this bungalow stands as a promising canvas for those interested in revitalizing a property within a desirable locale. Its combination of functional layout, potential for modernization, and convenient location makes it an excellent choice for first-time buyers or seasoned investors looking to add value.

Investment Analysis

(PO31 area)

Above Market Value

This property is priced +44.2% above area average per sq ft

+44.2%
This Property
£455/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£171,599
10% above area average per sq ft
Potential ROI
-28.5%
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
9%
Properties sold annually

Local Market Trend (PO31)

Area prices are rising by +8.6% over the last 12 months
3 year growth: 7.8%
5 year growth: 25.6%
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

Nelson Drive, Cowes, PO31
Loading map...

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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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