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SUBSTANTIAL CHAIN FREE HOME - Park Road, Cowes

South East

£475,000
Listed on 20/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1594 sqft

Description

This substantial four-bedroom semi-detached home presents a notable opportunity for renovation and enhancement. Nestled in the desirable Park Road area of Cowes, this property is conveniently located just a short walk from the town centre. With ample living space spread across four reception rooms, a sunroom, and a large garden, it offers substantial potential to transform it into your ideal residence. The home features numerous period attributes such as high ceilings, original doors, and skirting boards that echo its character and charm. Upon entering, you are greeted by an inviting porch leading into a spacious hallway with a wide staircase and under-stair storage. The light-filled sitting room boasts a bay window and working fireplace, while a second reception room with built-in storage also includes a fireplace and leads to the sunroom that connects seamlessly to the garden. The dining area further enhances the entertaining potential of the ground floor. The kitchen retains some original features but would benefit from modernisation; it contains essential amenities along with opportunities for upgrades. Furthermore, there’s a convenient utility room with direct access to the garden. On the first floor, you’ll find four well-lit bedrooms along with a family shower room, separate WC, and an accessible loft space that might be converted into additional living quarters (subject to planning permission). Each bedroom highlights original fireplaces and maintains an airy feel which can be developed further. The exterior includes off-road parking for two vehicles and an expansive rear garden perfect for landscaping or gardening enthusiasts. This serene outdoor space is equipped with multiple garden stores. Cowes itself is celebrated for its sailing heritage and close community; it offers easy access to leisure activities such as sailing clubs and vibrant local markets, making this home not just an excellent investment but also part of an engaging lifestyle. As this property is chain-free, it opens up possibilities for swift renovations and personalized enhancements.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£298/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£553,636
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
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

SUBSTANTIAL CHAIN FREE HOME - Park 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
£1,682
Based on a loan of £356,250 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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