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Place Road, Cowes, Isle of Wight, PO31

South East

£420,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1082 sqft

Description

This three-bedroom detached house in Cowes presents a valuable opportunity for those eager to personalize their living space within a desirable residential district. Nestled on an expansive plot, the property features a substantial rear garden of approximately 165ft, perfect for families or aspiring gardeners and opens avenues for future landscaping enhancements. Inside, while the home provides a functional layout with three bedrooms, a spacious reception area, and a kitchen/diner complemented by a wet room, modernization is certainly advised throughout. This potential for improvement offers an excellent chance to increase property value over time. Off-street parking at the front adds an extra layer of convenience. This property stands out as a promising candidate for anyone looking to establish a long-term family residence or seek investment potential in a thriving location.

Investment Analysis

(PO31 area)

Above Market Value

This property is priced +21.5% above area average per sq ft

+21.5%
This Property
£388/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£257
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£380,209
10% above area average per sq ft
Potential ROI
-17.3%
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
6%
Properties sold annually

Local Market Trend (PO31)

Area prices are falling by -3.8% over the last 12 months
3 year growth: +4.6%
5 year growth: +14.8%
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

Place Road, Cowes, Isle of Wight, PO31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,498
Based on a loan of £315,000 over 30 years at 3.97% 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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