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£140,000

2 bed flat for sale
Newport Road, Cowes PO31

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

Chain free
Leasehold
Reduced on 29/10/2025

About this property

  • Cash purchase

  • 2 bedroom purpose built apartment

  • Ground floor

  • Allocated parking space

  • 2 bathrooms

  • Flat walk into town

  • Chain free

Calling all *cash buyers ! ---- chain free - A modern purpose built ground floor 2 bedroom apartment. With gas central heating and double glazing, close to the town centre amenities and within walking distance of The Red Jet, there is also a very convenient bus top close by. Further more the property has 2 bathrooms and off street parking. Rental yield of 6%

Entrance

There is a communal front door - individual post boxes, buzzer entry front and rear (lower ground at the rear ).

Hall

The apartment has to spacious storage cupboards. Accommodation off.

Lounge/Diner/Kitchen (15' 1'' x 13' 1'' (4.6m x 4.0m))

This wonderful open plan reception has a multi-use and has views over the car park to towards the river. Spacious reception area - ideal for lounge and dining and a fitted kitchen with floor and wall mounted storage units, which include integrated appliances; dishwasher, washing machine, fridge, hob and cooker. The gas boiler is also located here.

Bedroom 1 (14' 1'' x 9' 0'' (4.3m x 2.75m))

A bright master bedroom en-suite with rear aspect.

En-Suite

Shower cubicle, basin and shower.

Bedroom 2 (11' 10'' x 7' 11'' (3.6m x 2.41m))

A second good size double bedroom.

Bathroom

Family bathroom, fitted with panelled bath, basin and w/c.

Outside

The apartment has an allocated parking to the rear.

Tenure

Leasehold 125 years from 2007 - 107 years remaining.
Ground rent £200 p.a
Service Charge £1680 p.a

N.B

*cash purchasers - The property currently does not have an EWS1 - as such makes the purchase unsuitable for a traditional mortgage lender.

More information

  • Tenure

    Leasehold (107 years)

  • Service charge

    £1,620 per year

  • Council tax band

    B

  • Ground rent

    £200

  • Ground rent date of next review

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