Cowes, Isle of Wight
SP

Cowes, Isle of Wight

By Spence Willard

£ 995,000

Reviews

3 out of 5 stars

Spence Willard says ..

A substantial waterfront property with a slipway and excellent harbour and sea views offering a great opportunity for residential conversion

Property Oracle says ..

This property in Cowes, Isle of Wight, presents a unique opportunity for buyers looking for a commercial space with exceptional waterfront views. Situated in a desirable area, the building benefits from easy access to local schools, such as Cowes Primary School and Cowes Enterprise College, both located within a kilometer. Cowes itself is known for its thriving sailing scene and attractive town center, offering various amenities and attractions.

The interior is presented in good condition, with modern office spaces that appear well-maintained. The abundance of natural light provided by large windows is a key feature and highlights the superb views across the marina. However, the lack of specific information regarding bedrooms and bathrooms necessitates further clarification to thoroughly assess the property’s full potential. The limited outdoor space is a notable aspect to consider.

The current list price reflects the prime location and the seemingly good condition of the property, although it is important to obtain a full understanding of the available land and precise specifications of the building before forming a full conclusion. A comprehensive market valuation by a local property expert is recommended to determine whether the current list price represents optimal value for money.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
9
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
2,481.08

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
880,783.40 £
Decreased by 8.74 %
from 965,140.12 £
Average area rental value
1,250.00 £/mo
Decreased by 3.55 %
from 1,296.00 £/mo
Est letting value
2,481.08 £/mo
Unchanged by 0.00 %
from 2,481.08 £/mo
Est rental Yield
3.78 %
Decreased by 5.74 %
from 4.01 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Spence Willard marked this listing as sold.

  • Spence Willard created the listing.

Nearby Schools

NameTypeOfstedDistance
Cowes Primary SchoolCommunity SchoolGood1.08 KM
Cowes Enterprise College, An Ormiston AcademyAcademy Sponsor LedGood1.18 KM
Cowes Children'S CentreChildren's Centre Linked Site1.20 KM
Lanesend Primary SchoolAcademy ConverterGood1.29 KM
Holy Cross Catholic Primary SchoolVoluntary Aided SchoolRequires improvement1.89 KM

Images

Observatory View View along Birmingham Road Workshop Basement office Slipway View Reception Reception Ground Floor terrace Kitchen Observatory Third floor view

Nearby Streets

NameAverage PriceAverage SqftDistance
Rope Walk £ 000.00 KM
Westhill Road £ 340,00000.00 KM
Brunswick Road £ 000.00 KM
Bernard Road £ 242,50000.00 KM
Marina Walk £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
HARBOUR APARTMENT WITH MOORING, Tides Reach, Cowes £ 499,950BUY7 / 100.02 KM
Park Road, Cowes £ 435,000BUY7 / 100.05 KM
Cowes, Isle of Wight £ 850,000BUYUnknown0.08 KM
Cowes, Isle of Wight £ 169,950BUY5 / 100.08 KM
BEAUTIFUL GEORGIAN TOWNHOUSE - Medina Road, Cowes £ 625,000BUY8 / 100.09 KM

Nearby Properties

AddressPriceDistance
3 Mill Hill Road £ 58,0000.08 KM
7 Medina Road £ 340,0000.08 KM
9 Medina Road £ 257,5000.08 KM
20a Birmingham Road £ 130,0000.13 KM
23 Birmingham Road £ 1,225,0000.13 KM