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St. Marys Road, Cowes

South East

£235,000
Listed on 09/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
911 sqft

Description

This mid-terrace two-bedroom house in Cowes offers a solid investment opportunity in a desirable central position, just moments away from the marina and main shopping street. The property includes two reception rooms and a secluded rear courtyard garden, making it suitable for various renovation possibilities. It is being sold chain-free and requires modernisation to unlock its full potential. Key features include a spacious sitting room with an ornate fireplace, a dining room with useful storage, and a practical kitchen leading out to the garden. Upstairs, you will find two good-sized bedrooms and a generously proportioned family bathroom. This property presents an attractive chance to enhance living spaces in line with contemporary tastes while capitalising on the vibrant coastal location.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£258/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£316,413
10% above area average per sq ft
Potential ROI
+17.2%
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

St. Marys Road, Cowes
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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
£832
Based on a loan of £176,250 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.

Stamp Duty Calculator

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