Cowes, Isle Of Wight

Guide Price £154,000

Cowes, Isle Of Wight   Guide Price £154,000

A superbly located 2 bedroom apartment in the heart of Cowes Old Town with harbour views.

Located on the first floor of an attractive period building comprising of 8 apartments, the property boasts a good view of the harbour, simple, contemporary finish in a prime location within the Conservation Area of the "old town". There is excellent income potential where the flat achieves a monthly rental of £750pcm (5.6% investment yield) in an assured short hold agreement or a holiday / regatta let income of between £700pw in the low to mid-season increasing to £1,800 for Cowes Week.

Cowes is world renowned for sailing with the principal yacht clubs and marinas being a short walk from the property, as are a good range of shops and restaurants. The high speed Red Jet ferry service to Southampton takes about 22 minutes and is about 150 metres walk from the property.

Entrance hall Timber door opens to an inner hall.

Sitting room A large dual aspect room with plenty of natural light.

Kitchen A galley style kitchen with full range of storage units with work tops over. Space for fridge/freezer and electric oven. Stainless steel sink with mixer tap over. Tiled splashbacks.

Shower Room With pedestal wash basin, electric power shower and space and plumbing for a washing machine. Linen cupboard housing hot water tank.

Reception Room / Bedroom This room has been used as both a large twin bedroom and a further reception room. There is an excellent view to The Solent and harbour.

Bedroom 2 A generous size double room with dual aspect.

Services Main water, electricity and drainage. There is no gas available in the property and heating is provided by wall mounted electric storage heaters.

Tenure Leasehold with a share of the freehold, lease currently being extended to 999 years. Service Charges: £85.00 per calendar month Ground Rent: £30.00 per annum Council Tax Band: ‘A’.

Postcode PO31 7RH

Viewings All viewings will be strictly by prior arrangement with the joint sole selling agents: Spence Willard

Important Notice: 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard and Waterside Properties in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice.

Call 01983 200 880 or Email: cowes@spencewillard.co.uk for more information or to request a viewing