Summary - Flat 2, 72 Arctic Road PO31 7PF
2 bed 2 bath Flat
Vacant possession near Cowes shops and Red Jet terminal.
First-floor two-bedroom flat with en-suite to the main bedroom
A bright two-bedroom first-floor flat within easy walking distance of Cowes town centre and the Red Jet terminal. The open-plan lounge and modern fitted kitchen benefit from large windows and a juliet balcony that capture the town and hillside outlook. The main bedroom includes an en-suite; a second double and separate bathroom complete the practical layout.
The property is offered with vacant possession and has electric underfloor heating throughout, double glazing and a below-average service charge of £600. At about 754 sq ft, the flat offers realistic space for a first home or a straightforward buy-to-let, with immediate occupation possible after purchase.
Important purchase considerations: this is a leasehold flat with 82 years remaining, being sold by the Modern Method of Auction. Buyers must allow for a non-refundable reservation fee (4.2% of the price, minimum £6,000), possible buyer’s pack costs, and the fact the property is subject to an undisclosed reserve price. Prospective purchasers should carry out full due diligence, check lease details, and factor in auction timescales and fees before bidding.
Overall the flat presents a practical, low-maintenance option close to amenities and transport links, offering good rental or home potential if you accept the auction process and leasehold limitations.
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