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2 Bed Flat, Refurb/BRRR, Cowes, PO31 7JN £90,000

32C Fellows Road, Cowes - 4 months ago
  1. Deal Search
  2. Cowes
  3. PO31
  4. PO31 7JN
Sold STC
Leasehold
Cash
Negative Equity
Refurb/BRRR
ROI: 3%
~55 m²

ValuationFair Value

AI score: 92/100. Please verify valuations.

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Links

  • More Deals in Cowes
  • More Deals in PO31
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Cowes
  • More Refurb/BRRR Deals in PO31

Property History

Listed for £90,000

-24%

August 10, 2025

Sold for £111,500

2008

Sold for £80,000

2004

Floor Plans

Description

  • TOP FLOOR FLAT +
  • TWO DOUBLE BEDROOMS +
  • CASH BUYERS ONLY - SHORT LEASE OF 50 YEARS +
  • UNTESTED GAS CH & UPVC DG REQUIRING ATTENTION +
  • SMART KITCHEN & WET ROOM +
  • CHAIN FREE +
  • PARKING +
  • COUNCIL TAX BAND B +
  • EPC - C-75 +
  • LEASEHOLD: GROUND RENT £45PA, SERVICE CHARGE £1,298.11PA +

A GREAT INVESTMENT! This top floor flat is available to cash buyers only due to a currently short lease of 50 years (although many others in the building have been extended). It is a spacious, two double bedroomed flat set in a popular road with the benefit of parking. The flat requires general upgrading but features a newly restyled wet room and modern kitchen. Leasehold. Ground rent £45pa. 2025/2026 service charge inc insurance £1,298.11. Next ground rent review 2039 to £75pa. Council tax band B. EPC - C-75

This top floor flat requires general upgrading (including reglazing some of the UPVC double glazed windows) but offers bright and spacious two bedroomed accommodation. Offered chain free with an untested gas central heating system; the flat has the benefit of a modern, smartly styled wet room with skylight window and parking in the communal car park. The flat is available to cash buyers only due to a currently short lease of 50 years (although many others in the building have been extended). Leasehold. Ground rent £45pa. 2025/2026 service charge inc insurance £1,298.11. Next ground rent review 2039 to £75pa. Council tax band B. EPC - C-75

Communal Front Entrance Door To... -

Communal Hallway: - With stairs to second floor then personal door to...

Entrance Lobby: - Providing a small 'air lock' before the main door to the flat.

Entrance Hallway: - A welcoming introduction to the flat with a useful built-in cupboard and doors to...

Sitting Room: - 4.5m x 3.0m (14'9" x 9'10") - With a wide window looking to the rear giving an attractive leafy outlook.

Kitchen: - 4.53m max x 2.51m max (14'10" max x 8'2" max) - An L-shaped room fitted with a range of white shaker style units with beech block effect tops and one and a half bowl stainless steel sink unit. Spaces for appliances and window to the rear. Wall mounted gas fired boiler (untested). Large fitted shelved cupboard.

Bedroom 1: - 3.48m x 2.81m (11'5" x 9'2") - A double bedroom with front-facing window, which enjoys the morning sun.

Bedroom 2: - 3.42m x 2.7m (11'2" x 8'10") - A second similar sized double bedroom, again with a window looking to the front.

Shower Room: - 2.14m max x 1.71m max (7'0" max x 5'7" max) - Smartly restyled as a wet room with oversize white tiling; walk-in shower area; wash hand basin and WC. Skylight window allowing lots of light through and extractor unit.

Communal Gardens & Parking: - The flats have the benefit of communal gardens with drying areas and a car park.

Disclaimer - These particulars are issued in good faith, but do not constitute representation of fact or form any part of any offer or contract. The Agents have not tested any apparatus, equipment, fittings or services and room measurements are given for guidance purposes only. Where maximum measurements are shown, these may include stairs and measurements into shower enclosures; cupboards; recesses and bay windows etc. Any video tour has contents believed to be accurate at the time it was made but there may have been changes since. We will always recommend a physical viewing wherever possible before a commitment to purchase is made.

Agent Details

Megan Baker Estate Agents, Cowes

01983 212601

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

AI score: 92/100. Please verify calculations.

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