Summary - BRICKFIELD COTTAGES 2 EAST COWES ROAD EAST COWES PO32 6NH
4 bed 2 bath Terraced
Grade II listed Victorian cottage with income-ready annex and large plot — auction sale, renovation required..
Chain free sale with separate 1-bed annex in ready condition
Grade II listed — statutory restrictions and renovation complications
Off-street parking for multiple vehicles; south-facing rear garden
Main house requires full modernisation throughout
Sold at auction; 4.5% non-refundable reservation fee applies
Electric storage heating — limited heating efficiency and costs
Decent plot size; large additional land parcel available separately
No flood risk; built c.1900–1929 with period features
A rare investment opportunity on the Isle of Wight: a Grade II listed Victorian terrace comprising a 3-bedroom main cottage plus a separate 1-bedroom annex. The annex is finished to a good standard with its own patio and log burner, offering immediate rental or self-contained use while the main house requires full modernisation. Off-street parking for multiple vehicles and a south-facing rear garden add practical appeal.
The property sits on a decent-sized plot with an additional large parcel of land available to purchase separately, increasing long-term development or income potential. The building was constructed c.1900–1929, has filled cavity walls and pre-2002 double glazing, but heating is via electric storage heaters and the main house needs renovation throughout.
Important practical notes: the house is Grade II listed, which will restrict alterations and could complicate renovation. Sale is by auction using the Modern Method of Auction; a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus a pack fee are payable on sale, and completion is required within 56 days. Buyers should complete their own due diligence and be aware of the auction terms before bidding.
This is a straightforward proposition for an investor or someone comfortable with listed-building work: immediate income from the annex, significant upside after renovation, and extra land nearby to enhance returns. The cottage’s village-edge location gives quiet rural character while remaining close to Newport and East Cowes amenities.
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