Worst House on the Street Logo
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 1
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 2
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 3
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 4
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 5
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 6
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 7
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 8
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 9
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 10
FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes - Image 11

FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes

South East

£169,950
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1333 sqft

Description

This period terraced home presents a rare and exciting opportunity for a comprehensive renovation project in a sought-after area. Spread across three levels, the property benefits from its proximity to Cowes' vibrant amenities while being offered chain free. With its original architectural features still intact—including high ceilings and exposed fireplaces—this residence has the potential to be transformed into a stylish family home or investment rental. Upon entering, you are greeted by a traditional hallway leading to a generous sitting room featuring a charming fireplace, perfect for creating a cozy atmosphere. The adjoining dining room is bright and airy with views across the River Medina, complemented by a brick fireplace that houses a log burner. The kitchen offers ample space but is due for an upgrade, presenting an opportunity to design your ideal cooking environment. The first floor hosts two spacious double bedrooms alongside two additional smaller rooms that could serve various purposes including an office or potentially even an extra bathroom, enhancing the property's functionality. On the lower ground level, there’s considerable space available that could be utilized as a utility area with plumbing for modern appliances and access to the garden. A large bathroom is ready for refurbishment, offering possibilities for reconfiguring layouts. Additionally, the basement provides flexibility—whether it becomes extra storage, another reception room, or even an additional bedroom (subject to height restrictions). The exterior features original brick steps leading up to the front door adorned with stained glass detailing. While the rear garden currently requires landscaping attention due to overgrowth, it offers substantial potential for outdoor living enhancement. Cowes boasts rich maritime history and is famous for its sailing events such as Cowes Week. Residents enjoy convenient transport links via ferries to Southampton and easy access to local shops and eateries. This property is poised as an excellent investment in an area known for its nautical appeal.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -59.5% below area average per sq ft

-59.5%
Potential saving
This Property
£127/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £85,000
Target Value
£462,104
10% above area average per sq ft
Potential ROI
+81.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

FULL RENOVATION PROJECT IN POPULAR AREA - Tennyson Road, Cowes
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,462 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