Sold STC Flat

Flat 9

MELCOMBE HOUSE, 53, QUEENS ROAD, COWES, ISLE OF WIGHT PO31 8BW

2 beds 2 baths 77 m² Listed 1 Apr 2025 (-488d)

£415,000

Guide Price

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Melcombe House View View from Sitting Room Balcony Sitting Room Kitchen Kitchen Bathroom Bedroom 2 Bedroom 1 Bathroom En-Suite Sitting Room Melcombe House Garage Garage Photo 16

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

77 m²

Council tax band

E

Last sold

£410,000 Jun 2025

Local average

£248,667 (+66.9%)

Deprivation

Decile 6 (17,290 of 33,755)

Street crime

40 incidents within 1 mile (May 2026)

Key features

  • WONDERFUL SEAFRONT POSITION
  • SOLENT VIEWS
  • GARAGE AND OFF-ROAD PARKING
  • BALCONY & COMMUNAL GARDENS
  • LIFT ACCESS
  • TWO BEDROOMS & TWO BATHROOMS

Additional details

Parking
Yes

Description

A wonderful first floor apartment with Solent views, communal gardens, parking and garage

Apartment 9 Melcombe House - Situated in a quiet, elevated position off of the seafront, Apartment 9 Melcombe House enjoys wonderful views of the Solent, being in a prime spot to watch yachts racing, as well as the boats turning from Southampton Water.
Equidistant between Cowes and Gurnard, you can enjoy a level walk to Gurnard with its sailing club, beach and pub or the other direction to Cowes, with its range of independent shops, bars and restaurants, as well as the high-speed ferry service to Southampton and onward connections to London.
The apartment benefits from spacious, well-balanced accommodation and high ceilings; with glazing to most of the northern elevation really making the most of the glorious views, with doors opening to the balcony. With both lift and stair access,
a communal lawned garden, garage and private parking space, the property provides a great overall package.

ACCOMMODATION
COMMUNAL ENTRANCE With both lift and stair access to the first floor. Front door opening to a:

SPACIOUS ENTRANCE HALL With ample storage including coats cupboard, storage cupboard and large airing cupboard housing direct hot water cylinder and with slatted shelving.

RECEPTION ROOM An elegant and spacious dual aspect room with high ceilings and an ornate fireplace with marble hearth. There is space for both seating and dining areas and the largely glazed northern elevation allows the wonderful sea views to be enjoyed from all of the room. French doors open to the BALCONY.

KITCHEN Well-fitted kitchen with a good range of wall and base units with Granite worksurfaces over with undermount ceramic sink. Integral appliances include a Neff microwave, Neff oven with hob inset, extractor above. Neff wine cooler, Blomberg fridge freezer and dishwasher. Washing machine. Cupboard housing wall-mounted gas fired boiler.

BEDROOM 1 A dual aspect, double bedroom with built-in cupboards and with a southerly outlook over the communal grounds and woodland.

SHOWER ROOM EN-SUITE Recently refurbished including shower, WC, sink set on vanity unit with ample cupboard storage below and heated towel rail.

BEDROOM 2 A double bedroom with built-in cupboards and view to the woodland beyond.

BATHROOM Largely tiled with bath with mixer tap and shower attachment, WC and wash basin. Heated towel rail.

OUTSIDE The property enjoys a private balcony overlooking the grounds and Solent beyond, as well as benefitting from the communal gardens including a largely lawned area with sea views. There is a designated parking space, as well as visitor’s spaces and a SINGLE GARAGE to the rear of the Melcombe House.

POSTCODE PO31 8BW

COUNCIL TAX Band E

EPC Rating C

SERVICES Mains water, electricity, drainage and gas. Gas fired central heating.

TENURE Leasehold, 999 years from 1999, with a share of freehold. Holiday Letting and Pets are not permitted.

SERVICE CHARGE £3113 per annum to cover maintenance of the communal areas including the grounds, lift and a reserve charge.

VIEWINGS All viewings will be strictly by prior arrangement with the 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 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.

Listed by

Cowes

Spence Willard

Reference: 160082699

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
49C QUEENS ROAD, COWES, COWES 59 81 110 m² England and Wales: 1976-1982 Terraced
63, Queens Road, COWES 36 64 317 m² England and Wales: before 1900 Detached
Flat 9, Melcombe House, 53 Queens Road, COWES 78 78 77 m² England and Wales: 1996-2002 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Apt 9 Melcombe House Floorplan

Apt 9 Melcombe House Floorplan

EPC Graphs

EE Rating

EE Rating

Price history

242% since 1999

Event Date Price % change
Sold 30/06/2025 (1 year ago) £410,000 0%
Sold 04/04/2014 (12 years ago) £410,000 +187.7%
Sold 24/09/1999 (26 years ago) £142,500 +18.8%
Sold 26/02/1999 (27 years ago) £120,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
BRIARY COURT FLAT 20 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £200,000 31/10/2025 Flat
BRIARY COURT FLAT 53 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £155,000 14/12/2023 Flat
BRIARY COURT FLAT 24 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £102,500 09/11/2023 Flat
STANHOPE LODGE FLAT 2A STANHOPE DRIVE, COWES, ISLE OF WIGHT, PO31 8BH £208,000 30/11/2022 Flat
BRIARY COURT FLAT 15 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £162,000 18/11/2022 Flat
4 MORNINGTON MEWS, COWES, ISLE OF WIGHT, PO31 8AU £435,000 21/10/2022 Flat
BRIARY COURT FLAT 34 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £160,000 18/07/2022 Flat
MELCOMBE HOUSE, 53 FLAT 5 QUEENS ROAD, COWES, ISLE OF WIGHT, PO31 8BW £435,000 01/07/2022 Flat
BRIARY COURT FLAT 12 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £205,000 23/06/2022 Flat
8 MORNINGTON MEWS, COWES, ISLE OF WIGHT, PO31 8AU £675,000 06/06/2022 Flat
THORNESS HOUSE, 6 FLAT 3 CLIFF ROAD, COWES, ISLE OF WIGHT, PO31 8BN £150,000 20/05/2022 Flat
BRIARY COURT FLAT 41 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £147,000 12/05/2022 Flat
5 MORNINGTON MEWS, COWES, ISLE OF WIGHT, PO31 8AU £425,000 20/04/2022 Flat
BRIARY COURT FLAT 6 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £190,000 06/04/2022 Flat
BRIARY COURT FLAT 31 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £165,000 09/02/2022 Flat
BRIARY COURT FLAT 2 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £175,000 04/02/2022 Flat
BRIARY COURT FLAT 36 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £153,000 07/01/2022 Flat
BRIARY COURT FLAT 24 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £110,000 06/12/2021 Flat
BRIARY COURT FLAT 52 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £205,500 24/11/2021 Flat
BRIARY COURT FLAT 47 EGYPT ESPLANADE, COWES, ISLE OF WIGHT, PO31 8BT £83,500 30/09/2021 Flat

Area average: £227,075 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 32.9%
10y growth 4.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Isle of Wight. Series: Flats and maisonettes. As of April 2026.

1y (index) -5.7%
5y (index) -5.5%
10y (index) 17.1%

Rental Range

Estimated market rent for Isle of Wight. Low = conservative, Realistic = average, Optimistic = best case.

Low £853/mo
Realistic £948/mo
Optimistic £1,043/mo

Based on Local Authority from postcode lookup → Isle of Wight.

Location

Address

Queens Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Egypt Hill 0.1 miles
Shop Unknown 0.5 miles
Shop Eclectica 0.6 miles
Hospital Laidlaw Day Hospital 4.1 miles
Train station Exbury Central 4.6 miles
Train station Wootton 4.6 miles
Hospital Forton Medical Centre 7.7 miles
University Waterfront Campus 9.4 miles
University St Andrew's Court Information Centre 9.7 miles

Street-level crime

Category Count
Violence and sexual offences 20
Anti-social behaviour 5
Criminal damage and arson 5
Public order 3
Other crime 2
Other theft 2
Burglary 1
Possession of weapons 1
Shoplifting 1
Total incidents 40

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cowes Enterprise College, An Ormiston Academy Secondary 0.4 miles Good — 18 Oct 2017
Gurnard Primary School Primary 0.5 miles Good — 18 Jun 2012
Cowes Primary School Primary 0.5 miles Good — 10 Mar 2020
Lanesend Primary School Primary 1.0 miles Requires improvement — 29 Nov 2022
Holy Cross Catholic Primary School Primary 1.5 miles Requires improvement — 24 Jul 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Semi-Detached House, Marine View Close, PO31 £1,350/mo 2 0.07 miles OpenRent
2 Bed Flat, Stanhope Lodge, PO31 £1,250/mo 2 0.22 miles OpenRent

Average rent: £1,300/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.31%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 3.8%
Cost-to-rent ratio 26.6×
Monthly cashflow £-489/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -4.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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