6 bedroom detached house for sale

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6 bedroom detached house for sale

Kingston Farm Lane, East Cowes, PO32
£435,000

Price History

Initial price £500,000
04/09/24 £495,000
12/09/24 £490,000
20/09/24 £480,000
27/09/24 £475,000
03/10/24 £470,000
10/10/24 £465,000
17/10/24 £460,000
24/10/24 £455,000
30/10/24 £450,000
06/11/24 £445,000
13/11/24 £440,000
20/11/24 £435,000
Price Change -13.00%

Description

This 6-bedroom detached house in East Cowes is a lucrative investment opportunity, currently generating an annual gross income of £34,320 and offering potential for increase to £38,400. The property is well-maintained and features 5 bathrooms, 2 tubs, a lounge, kitchen diner, garden ground space, cellar, parking space, and attic. With a tenant already in situ, the new owner can benefit from a hassle-free transition and a steady stream of rental income. The property's proximity to amenities and its potential for long-term rental returns make it an attractive addition to any investment portfolio.