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Two-bedroom terraced house for investment

Cowes, PO31 - Get Access

2 bed 1 bath

Description

This two-bedroom terraced house with bay and forecourt is situated close to the centre of Cowes, the Marina, and the River Medina, with mainland ferry connections just a short distance away. The property is very well presented throughout and has been used as an investment property for many years, making it an ideal addition to an income-producing portfolio. The ground floor comprises a living room, dining room, and kitchen. On the first floor, there is a landing, two bedrooms, and a bathroom with a W.C. The lower ground floor features a utility room, and externally the property benefits from an enclosed rear garden. The property is let under the terms of an Assured Periodic Tenancy at a current rental of £1,085 per calendar month. Please note that internal photographs were taken when the tenancy commenced and have been provided by the Joint Agent; interested applicants should rely on their own investigations to verify the information provided.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 818 sq ft (EPC)

Valuing this two-bedroom Victorian-era terraced house in central Cowes relies on recent transactions of similar terraced properties on Tennyson Road and surrounding streets. The property presents in good, well-maintained exterior condition with a 6/10 condition score and an established rental tenancy. Floor area of 818 sq ft is sourced directly from EPC data.

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