Summary - 32C FELLOWS ROAD COWES PO31 7JN
2 bed 1 bath Flat
Chain-free, cash-only investment with parking and refurbishment potential.
Top-floor two double bedrooms, bright rooms and leafy outlook
A top-floor, two double-bedroom flat in Cowes offered chain-free and with communal parking. The property has a smartly restyled wet room with skylight, a modern kitchen, and bright rooms with a leafy outlook. At 636 sq ft, the layout is practical and will suit an investor or cash buyer looking for rental potential in a well-served, low-crime neighbourhood.
Important: the lease has only 50 years remaining, so this is strictly a cash-purchase opportunity — many mortgage lenders will refuse to lend. The gas central heating is untested and some UPVC double glazing requires attention; the flat generally needs upgrading in places. Service charge and ground rent are modest but ongoing (service charge £1,298.11pa, ground rent £45pa). Next ground rent review scheduled for 2039.
This is a clear refurbishment opportunity: extend the lease (many neighbours have) and address heating and glazing to unlock resale or rental value. EPC C (75) and council tax band B help with letting prospects. For a buyer able to proceed in cash and budget for improvements and lease extension, the flat offers immediate occupancy potential and steady rental appeal in an affluent, well-connected area.
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