Sold STC Flat

FLAT 2

72 ARCTIC ROAD, COWES, ISLE OF WIGHT PO31 7PF

2 beds 2 baths 70 m² Listed 2 Jul 2025 (-396d)

£100,000

Guide Price

Reduced on 23 Oct 2025

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Listing type

Auction
Lounge/Kitchen

Lounge/Kitchen External* Lounge/Kitchen Views To Rear Lounge/Kitchen (Modern Style) Lounge/Kitchen Bedroom 1 Bedroom 1 Bedroom 1 (Modern Style) Bedroom 2 Bedroom 2 (Modern Style)

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Property details

Listing category

Auction

Tenure

LEASEHOLD (81 years remaining on lease)

Floor area

70 m²

Council tax band

B

Last sold

£107,000 Feb 2026

Local average

£248,667 (-59.8%)

Deprivation

Decile 4 (12,471 of 33,755)

Street crime

87 incidents within 1 mile (May 2026)

Key features

  • The images marked "Virtual Stager" show styling potential only. All other images show the property as currently presented.
  • First floor flat offered with vacant possession
  • Fitted kitchen with oven, hob and integrated fridge/freezer
  • En-suite to the main bedroom
  • For sale by modern auction method / Ts & Cs apply
  • Subject to an undisclosed reserve price / Buyer's fees apply

Description

Offered with vacant possession, this first floor flat would be ideal as a first home or a buy to let. The property is within walking distance of Cowes town centre where plenty of shops and restaurants can be found, along with the Red Jet Terminal for Southampton. The bright lounge area has great views from the juliet balcony and the kitchen area is modern and shares the same views. This is a good sized flat that should certainly not be missed. For sale by modern auction method / Ts & Cs applySubject to an undisclosed reserve price / Buyer's fees apply
Room sizes:HallLounge/Kitchen: 14'10 x 9'7 (4.52m x 2.92m) narrowing to 11'4 x 5'4 (3.46m x 1.63m)Bedroom 1: 12'0 x 10'3 (3.66m x 3.13m)En suite shower roomBedroom 2: 14'9 x 6'6 (4.50m x 1.98m) narrowing to 13'11 x 4'8 (4.24m x 1.42m)Bathroom 
 
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Pittis, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Listed by

Newport

Arun Estates

Reference: 164091425

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

First Floor

First Floor

EPC Graphs

EPC graph

EPC graph

Price history

Event Date Price % change
Sold 25/02/2026 (5 months ago) £107,000 —

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
99A PELHAM ROAD, COWES, ISLE OF WIGHT, PO31 7DN £128,000 05/03/2025 Flat
BROOKLYN HOUSE, 48 FLAT 4 NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7PW £205,000 30/11/2023 Flat
Same street 205 ARCTIC ROAD, COWES, ISLE OF WIGHT, PO31 7PF £180,000 07/07/2023 Semi-detached
99B PELHAM ROAD, COWES, ISLE OF WIGHT, PO31 7DN £150,000 04/07/2023 Flat
SEAWARD COURT, 28 FLAT 1 NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7DG £155,000 16/06/2023 Flat
74C NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7PN £100,000 07/06/2023 Flat
17A BRIDGE ROAD, COWES, ISLE OF WIGHT, PO31 7PB £165,000 28/04/2023 Flat
Same street 64 ARCTIC ROAD, COWES, ISLE OF WIGHT, PO31 7PF £150,000 30/03/2023 Terraced
17 FLAT 3 THE SIDINGS, COWES, ISLE OF WIGHT, PO31 7FY £147,500 24/03/2023 Flat
74B NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7PN £150,000 06/12/2022 Flat
24A TENNYSON ROAD, COWES, ISLE OF WIGHT, PO31 7QA £160,000 13/10/2022 Flat
Same street 56 ARCTIC ROAD, COWES, ISLE OF WIGHT, PO31 7PF £225,000 30/09/2022 Terraced
Same street 65 ARCTIC ROAD, COWES, ISLE OF WIGHT, PO31 7PF £145,000 08/09/2022 Terraced
15 FLAT 5 THE SIDINGS, COWES, ISLE OF WIGHT, PO31 7FY £125,000 22/08/2022 Flat
HIGGINSON HOUSE, 20 FLAT 9 NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7GD £170,000 20/07/2022 Flat
SEAWARD COURT, 28 FLAT 2 NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7DG £125,000 20/04/2022 Flat
Same street 204 ARCTIC ROAD, COWES, ISLE OF WIGHT, PO31 7PF £232,500 29/03/2022 Terraced
Same street 281 ARCTIC ROAD, COWES, ISLE OF WIGHT, PO31 7PF £322,500 28/02/2022 Semi-detached
SEAWARD COURT, 28 FLAT 3 NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7DG £144,000 11/02/2022 Flat
74A NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7PN £137,000 28/01/2022 Flat
17 FLAT 2 THE SIDINGS, COWES, ISLE OF WIGHT, PO31 7FY £145,000 17/12/2021 Flat
SANDRINGHAM HOUSE, 19 FLAT 5 NEWPORT ROAD, COWES, ISLE OF WIGHT, PO31 7PA £325,000 17/09/2021 Flat

Street average: £209,167 (6 sales)

Area average: £158,219 (16 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

Map view View on Google Maps View on OpenStreetMap Street View PO31 7PF

Nearby

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

Type Name Distance
Bus stop Smithards Lane 0.1 miles
Shop Blakes News 0.2 miles
Shop JJB Motors 0.3 miles
Hospital Laidlaw Day Hospital 3.2 miles
Train station Wootton 3.5 miles
Train station Havenstreet 4.9 miles
Hospital Forton Medical Centre 7.4 miles
University St Andrew's Court Information Centre 9.3 miles
University Careers and Employability Service 9.3 miles

Street-level crime

Category Count
Violence and sexual offences 36
Criminal damage and arson 12
Public order 9
Shoplifting 9
Anti-social behaviour 8
Other crime 5
Other theft 4
Burglary 2
Drugs 1
Possession of weapons 1
Total incidents 87

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
Lanesend Primary School Primary 0.4 miles Requires improvement — 29 Nov 2022
Cowes Primary School Primary 0.6 miles Good — 10 Mar 2020
Cowes Enterprise College, An Ormiston Academy Secondary 0.7 miles Good — 18 Oct 2017
Holy Cross Catholic Primary School Primary 0.9 miles Requires improvement — 24 Jul 2023
Gurnard Primary School Primary 1.1 miles Good — 18 Jun 2012

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 Flat, Newport Road, PO31 £900/mo 2 0.06 miles OpenRent
2 Bed Terraced House, York St, PO31 £1,650/mo 2 0.24 miles OpenRent
2 Bed End Terrace, Nelson Drive, PO31 £700/mo 2 0.25 miles OpenRent
2 Bed Semi-Detached House, Nelson Drive, PO31 £750/mo 2 0.25 miles OpenRent
2 Bed Terraced House, Fellows Road, PO31 £925/mo 2 0.3 miles OpenRent
2 Bed Semi-Detached House, Marina Close, PO32 £1,075/mo 2 0.34 miles OpenRent
2 Bed Semi-Detached House, Moorgreen Road, PO31 £995/mo 2 0.43 miles OpenRent
2 Bed Flat, Denmark Road, PO31 £1,000/mo 2 0.44 miles OpenRent
2 Bed Flat, Sharon Court, PO31 £1,300/mo 2 0.86 miles OpenRent

Average rent: £1,033/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1%
Max investor price (0.8%) £124,375
Target investor price (1%) £99,500
Gross yield 11.9%
Cost-to-rent ratio 8.4×
Monthly cashflow £477/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 19.7%
  • 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).