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Green Lane, Cowes

South East

£435,000
Listed on 17/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1572 sqft

Description

This spacious four-bedroom detached residence, located in the tranquil setting of Medham Village, presents an excellent opportunity for renovation and investment. The house offers generous living space with a large sitting room featuring multiple windows and a charming fireplace, as well as a conservatory that opens onto a south-east facing garden, ideal for outdoor relaxation and entertaining. The kitchen/diner is functional but requires modernisation to enhance its appeal. Upstairs, there are four double bedrooms including a master with ensuite facilities, alongside two bathrooms that could benefit from upgrades. A detached garage provides additional storage or potential workshop space. With off-street parking available for several vehicles and close proximity to scenic countryside walks along the river Medina, this property holds significant potential for buyers looking to create their dream family home within a desirable location.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£277/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£542,191
10% above area average per sq ft
Potential ROI
+11.8%
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

Green Lane, Cowes
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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
£1,594
Based on a loan of £326,250 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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