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Park Road, Cowes, PO31

South East

£350,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1292 sqft

Description

This substantial Victorian residence in Cowes presents a noteworthy renovation project for those looking to create their ideal home. The property boasts significant period features, including high ceilings and spacious rooms, while offering flexibility to adapt the layout to modern standards. The ground floor encompasses three distinct reception areas: a bright bay-fronted living room, a versatile secondary reception that could function as a snug or home office, and a dining room connected to the kitchen. There is considerable potential to transform the rear of the house into an expansive open-plan kitchen and dining area with access to the garden, pending necessary approvals. On the upper level, you will find three generously sized double bedrooms alongside essential bathroom facilities, including a separate shower room and WC. The extensive enclosed garden offers ample space for landscaping or outdoor enhancements. Located conveniently close to Cowes town centre, transport services, and schools, this property is an excellent opportunity for buyers seeking a characterful home with modernization potential in a prime location.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -13.9% below area average per sq ft

-13.9%
Potential saving
This Property
£271/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£248
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£447,323
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO31)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +1.9%
5 year growth: +19.4%
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

Park Road, Cowes, PO31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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