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Princes Street, Cowes, PO31

South East

£210,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
894 sqft

Description

This two-bedroom end-of-terrace house in Cowes presents a noteworthy opportunity for those looking to invest in a property with significant renovation potential. Located on a popular residential street, the home is currently in need of modernization, allowing buyers to put their personal stamp on it. The layout includes a welcoming lounge, a kitchen/diner, and a ground floor bathroom, alongside a lean-to/conservatory that enhances the living space. On the upper level, you'll find two spacious double bedrooms and access to an attic room via a ladder, which could be transformed into useful storage or even additional living space subject to relevant permissions. The rear garden adds further scope for landscape enhancement and outdoor enjoyment. This property’s need for updating makes it an attractive option for first-time buyers, investors, or anyone seeking a project that can yield great returns.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£235/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£314,000
10% above area average per sq ft
Potential ROI
+25.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PO31)

Area prices are falling by -3.9% over the last 12 months
3 year growth: +2.3%
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

Princes Street, Cowes, PO31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£793
Based on a loan of £157,500 over 30 years at 4.45% 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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