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Mill Hill Road, Cowes, PO31

South East

£300,000

Listed on 08/06/2026

Property details

Bedrooms
3
Type
House
Area
918 sqft

Description

This three-bedroom semi-detached house on Mill Hill Road in Cowes presents a solid investment opportunity. While the property requires modernization throughout, it offers ample space for a family, including two reception rooms and a sizable garden perfect for outdoor activities or future landscaping projects. The layout encompasses practical dimensions in each room, allowing potential buyers to easily envision their own design choices. Additional features include a workshop and off-street parking for two vehicles, adding further convenience. Located within walking distance of Cowes town centre and its attractions, this property is an ideal canvas for those looking to create their dream home in this vibrant harbour town.

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Investment analysis

(PO31 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£327/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£276
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£322,682
10% above area average per sq ft
Potential ROI
-5.1%
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 stable by +2.0% over the last 12 months
3 year growth: +3.7%
5 year growth: +17.9%
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

Mill Hill Road, 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
£1,133
Based on a loan of £225,000 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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