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Pallance Road, Cowes, Isle of Wight - Image 1
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Pallance Road, Cowes, Isle of Wight

South East

£279,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
965 sqft

Description

Nestled along the desirable Pallance Road, this three-bedroom detached residence boasts expansive countryside vistas and sea views over The Solent. The property provides numerous opportunities for buyers eager to infuse their personal touch, situated in a respected area of Cowes. Inside, the layout begins with an entrance porch that leads into a hallway and a spacious living room bathed in natural light. A separate dining room or second reception space offers versatility, having served as a ground-floor bedroom in the past. At the rear, the kitchen connects to an outbuilding previously used for storage and appliance housing. Completing the ground floor is a conservatory with garden views. The home is ripe for refurbishment and modernization throughout. On the upper level, you'll find a sizable main double bedroom alongside another good-sized bedroom that provides elevated views towards The Solent. The large bathroom has been adapted from its original use as a bedroom, complemented by an additional smaller room suitable for a study or home office—previously functioning as a bathroom. This adaptable arrangement underscores the potential of the space. The exterior features driveway parking and a substantial garden area that presents good potential for landscaping or even expansion, pending necessary permissions. Pallance Road benefits from its tranquil position on Cowes' outskirts while still being conveniently close to the town centre, which offers various shops, cafés, and restaurants as well as reliable ferry connections to Southampton. Additionally, stunning coastal walks and beautiful open countryside are easily accessible.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -8.4% below area average per sq ft

-8.4%
Potential saving
This Property
£289/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£335,169
10% above area average per sq ft
Potential ROI
-6.6%
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
7%
Properties sold annually

Local Market Trend (PO31)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +4.3%
5 year growth: +15.3%
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

Pallance Road, Cowes, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£988
Based on a loan of £209,250 over 30 years at 3.91% 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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