Cowes, Isle Of Wight
SP

Cowes, Isle Of Wight

By Spence Willard

£ 775,000

Reviews

4 out of 5 stars

Spence Willard says ..

A superb waterfront apartment providing spacious accommodation in a prime position with unobstructed sea views and two undercover parking spaces

Property Oracle says ..

Cowes is a popular seaside town on the Isle of Wight, known for its sailing events and maritime history. The property’s location on Esplanade Walk offers stunning sea views, as evidenced by the provided photographs. The proximity to Cowes Enterprise College (0.50 KM) and Cowes Primary School (0.73 KM) is a plus for families. The average price for properties on Esplanade Walk is significantly higher than the average for Cowes, suggesting a premium location. The apartment appears to be in excellent condition based on the images. The modern kitchen and bathrooms are well-maintained, and the overall presentation of the property is clean and stylish. There is no visible evidence of wear and tear or the need for renovation. While the exact plot size is specified, the provided images show a balcony with sea views, suggesting some outdoor space. However, there is no information about a garden. The list price of £775,000 is considerably higher than the average price for Cowes (£312,000). However, the average price per square foot in Cowes (£252) is significantly lower than the implied price per square foot for this property (£775,000 / 1049.89 sqft ≈ £738). Given the prime location, exceptional views, and the apparent high-quality finish of the apartment, the price may be justified within the context of the local market, particularly considering the significantly higher average price on Esplanade Walk. The lack of comparable properties with square footage data makes a precise price comparison difficult. However, nearby listings suggest that similar properties in desirable locations command higher prices.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
10
Land
0
Bedrooms
2
Bathrooms
2
Sqft (est)
1,049.89
Lot (est)
1,143.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
396,429.00 £
Increased by 2.18 %
from 387,958.00 £
Est sale value
372,710.95 £
Decreased by 8.74 %
from 408,407.21 £
Average area rental value
1,250.00 £/mo
Decreased by 3.55 %
from 1,296.00 £/mo
Est letting value
1,049.89 £/mo
Unchanged by 0.00 %
from 1,049.89 £/mo
Est rental Yield
3.78 %
Decreased by 5.74 %
from 4.01 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Spence Willard created the listing.

Nearby Schools

NameTypeOfstedDistance
Cowes Enterprise College, An Ormiston AcademyAcademy Sponsor LedGood0.50 KM
Cowes Primary SchoolCommunity SchoolGood0.73 KM
Cowes Children'S CentreChildren's Centre Linked Site1.56 KM
Lanesend Primary SchoolAcademy ConverterGood1.57 KM
Gurnard Primary SchoolCommunity SchoolGood1.73 KM

Images

Morning Sunrise Red Arrows

Nearby Streets

NameAverage PriceAverage SqftDistance
Esplanade Walk £ 925,00000.00 KM
Crossfield Avenue £ 000.00 KM
Parade Path £ 000.00 KM
Watch House Lane £ 000.00 KM
Cross Street £ 500,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cowes, Isle of Wight £ 595,000BUY7 / 100.01 KM
Queens Road, Cowes £ 550,000BUY6 / 100.01 KM
Cowes, Isle of Wight £ 695,000BUY7 / 100.01 KM
10 Queens Road, Cowes £ 599,950BUY6 / 100.04 KM
Cowes, Isle of Wight £ 975,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
11 Queens Road £ 1,162,2500.06 KM
7a Queens Road £ 360,0000.06 KM
11a Queens Road £ 365,0000.06 KM
7d Queens Road £ 325,0000.06 KM
7b Queens Road £ 345,0000.06 KM