Frank James Court, Adelaide Grove, East Cowes, Isle Of Wight
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- SIZE
Ask agent
Key features
- £950 PCM income (£11,400 pa)
- 6.3% gross yield
- Grade II listed character
- 999-year lease, £0 GR
- Parking & private garden
- High tenant demand area
Description
________________________________________
Property Information
This beautiful Grade II listed home forms part of the historic Frank James Hospital, originally opened in 1893 by the James brothers. The building has since been thoughtfully converted into a spacious two-bedroom terraced house, retaining a wealth of original features, including the distinctive weather vane depicting the Frank James Ship, the Lancashire Witch.
The accommodation comprises:
• Spacious lounge
• Modern kitchen with integral appliances
• Separate dining room
• Two well-proportioned bedrooms
• Family bathroom
• Entrance cloakroom
Additional benefits include:
• High ceilings and feature windows
• Gas central heating
• Allocated parking
• Private garden
________________________________________
Investment Information
• Asking Price: £180,000
• Rental Income: £950 PCM (£11,400 per annum)
• Tenure: Leasehold (Peppercorn lease)
• Lease Length: 999 years
• Ground Rent: £0
• Service Charge: £1,500 per annum
• EPC Rating: C
• Gross Yield: 6.3%
• Net Yield: 5.5%
This property offers a solid yield opportunity with minimal ground rent obligations and long-term lease security.
________________________________________
Reasons to Invest
• Strong and consistent rental demand in the area
• Attractive rental yield with immediate income potential
• Unique Grade II listed character property
• Long 999-year lease with peppercorn ground rent
• Desirable tenant appeal due to period features and modern finish
• Low-maintenance investment with managed service charge structure
Pure Investor is pleased to present an excellent buy-to-let opportunity at Number 9 Frank James Court, Adelaide Grove, PO32 6GW, offered at an asking price of £180,000. This charming and historically significant property combines character appeal with strong rental potential, making it an attractive addition to any investment portfolio.
________________________________________
Property Information
This beautiful Grade II listed home forms part of the historic Frank James Hospital, originally opened in 1893 by the James brothers. The building has since been thoughtfully converted into a spacious two-bedroom terraced house, retaining a wealth of original features, including the distinctive weather vane depicting the Frank James Ship, the Lancashire Witch.
The accommodation comprises:
• Spacious lounge
• Modern kitchen with integral appliances
• Separate dining room
• Two well-proportioned bedrooms
• Family bathroom
• Entrance cloakroom
Additional benefits include:
• High ceilings and feature windows
• Gas central heating
• Allocated parking
• Private garden
________________________________________
Investment Information
• Asking Price: £180,000
• Rental Income: £950 PCM (£11,400 per annum)
• Tenure: Leasehold (Peppercorn lease)
• Lease Length: 999 years
• Ground Rent: £0
• Service Charge: £1,500 per annum
• EPC Rating: C
• Gross Yield: 6.3%
• Net Yield: 5.5%
This property offers a solid yield opportunity with minimal ground rent obligations and long-term lease security.
________________________________________
Reasons to Invest
• Strong and consistent rental demand in the area
• Attractive rental yield with immediate income potential
• Unique Grade II listed character property
• Long 999-year lease with peppercorn ground rent
• Desirable tenant appeal due to period features and modern finish
• Low-maintenance investment with managed service charge structure
• Excellent commuter links enhancing tenant demand
________________________________________
Location Information
Situated just a short walk from the centre of East Cowes, the property benefits from a wide range of local amenities including supermarkets, independent shops, a medical centre, and cafés. The nearby Red Funnel ferry terminal offers frequent services to Southampton, making it ideal for commuters.
Families are well catered for with pre-schools and primary schools within walking distance, along with convenient bus routes providing direct access to Ryde and Newport.
Situated just a short walk from the centre of East Cowes, the property benefits from a wide range of local amenities including supermarkets, independent shops, a medical centre, and cafés. The nearby Red Funnel ferry terminal offers frequent services to Southampton, making it ideal for commuters.
Families are well catered for with pre-schools and primary schools within walking distance, along with convenient bus routes providing direct access to Ryde and Newport.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Frank James Court, Adelaide Grove, East Cowes, Isle Of Wight
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Visit our security centre to find out moreDisclaimer - Property reference 9-frank-james-court-isle-of-wight. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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