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Cowes, Isle of Wight

PROPERTY TYPE

House

BEDROOMS

6

BATHROOMS

5

SIZE

4,316 sq ft

401 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • UNIQUE DEVELOPMENT OPPORTUNITY
  • PROMINENT HISTORIC WATERFRONT PROPERTY
  • WATER ACCESS, BOAT STORAGE & EXISTING PONTOON MOORING
  • STRIPPED OUT WITH REPOINTED STONE WALLS & NEW ROOF
  • LAPSED PLANNING CONSENT FOR REMODELLING & EXTENSION
  • LAPSED CONSENT FOR SWIMMING POOL & NEW JETTY
  • PARKING

Description

A prominent historic waterfront property with pontoon mooring and lapsed planning consent for extension, offering a unique opportunity

Alexandra House - Set in the heart of this internationally renowned sailing centre, an imposing and substantial building with the benefit of lapsed planning consent to create accommodation that will extend over four storeys as well as an extension. In addition to a boat storage there is parking, direct water frontage and a sheltered deep water pontoon berth. This Grade II listed property has been stripped out with the stone walls repointed and a new slate roof leaving the characterful bones of the building as a shell ready for the next owner to complete to their own requirements. The approved design provides for remodelling of the rear elevation with expansive glazing to make the most of the wonderful views over the Harbour and Solent beyond whilst the consent also allows construction of a swimming pool and new jetty along the sea wall.

A wide gated driveway runs along the southern side of the building providing parking and a driveway that currently leads to the rear garden where a former boat store occupies the lower floor of the building. The gardens extend to the water’s edge with access to a jetty and private pontoon mooring, (shared with the two adjoining properties to the north).

Alexandra House is located in the heart of the internationally renowned sailing centre of Cowes, within a prime waterfront position on the sheltered western side of the Medina River with wonderful views over the Harbour towards The Solent. There are a great range of restaurants and independent shops within easy walking distance in addition to numerous yacht clubs, marinas and the hi-speed Red Jet passenger ferry to Southampton. Nearby, the chain ferry transports vehicles to East Cowes where there is a car ferry to Southampton as well as Waitrose and further marinas.

HISTORY
Constructed in 1831 as a Wesleyan chapel, decommissioned in around 1902, the building has had a series of subsequent uses. Sam Saunders, the renowned boat and aircraft builder used the building as a studio and workshop and among the many boats designed and built was ‘Miss England’ which won the World Motorboat Championship in 1929 with Sir Henry Seagrave bringing the title back from the Americans for the first time in nine years.

Subsequently, it was used as a dance hall until World War II when DS Wight Shipyards used Alexandra House for lofting full scale drawings of warships built in Cowes. In the 1960s, the property was converted into a house and it was subsequently Listed in 1979.

PLANNING
Planning consent (Ref P/01055/18) and Listed Building Consent (Ref P/01056/18) were granted on 30th November 2018 for accommodation within the original building creating a fourth storey in the roof space and a two-storey extension to the side, as well as a first floor balcony, swimming pool and jetty). The lapsed scheme includes extensive remodelling of the rear elevation with expanses of fenestration that would combine with the large traditional windows to the front elevation to provide particularly light accommodation as well as superb views to the rear elevation and access to an extended first floor balcony with access to the garden.

The approved plans provide accommodation shown on the floorplans but in summary comprise:

GROUND FLOOR - entrance hall, boot room and cloakroom, study, large reception room with bi-fold doors opening to balcony, large kitchen/reception room with bi-fold doors opening to balcony, back kitchen and larder. Within the extension is a further study with its own balcony.

FIRST FLOOR - drawing room (extending the existing rear elevation to the end of the existing terrace), three bedrooms and two bathrooms. Within the extension is a further versatile room.

SECOND FLOOR – principal bedroom suite and guest bedroom suite.

LOWER GROUND FLOOR - games room/crew area, boat house, gym, laundry room, plant room, changing rooms, toilets and wine store.

SERVICES Mains water, electricity, drainage and gas.

TENURE Freehold. The jetty and pontoon are leased from The Crown Estate on a 25-year lease which commences on 1st August 2026 with an annual rent of £2,050 plus VAT per annum split three ways.

COUNCIL TAX Band G

POSTCODE PO31 7BH

VIEWINGS All viewings will be strictly by prior appointment with the sole selling agents, Spence Willard.

IMPORTANT NOTICE: Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard or Knight Frank 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.

Brochures

Alexandra House Brochure
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.
Band: G
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.
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Cowes, Isle of Wight

Approximate location

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Affordability

Monthly repayments£8,274
Property: £ 1,650,000
Deposit: £ 165,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
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About Spence Willard, Cowes

Waterside House, 72a High Street, Cowes, PO31 7RE
Industry affiliations:

Spence Willard is a privately owned independent Estate Agency set up in 2012 to offer quality sales and lettings across the Isle of Wight. Our in-depth knowledge of the local property market and unbridled passion for the Isle of Wight enables us to work tirelessly hard to offer a first class service to buyers and sellers.

With our strong emphasis on effective marketing strategies, we utilise national and international links combined with the latest technological innovations, to find the best solutions for clients, at the right price through careful negotiation. Our focus is to deliver a super-efficient, hassle-free property process that benefit both vendor and purchaser, tenant and landlord.

We've built a thriving and dynamic, forward-thinking team to create market leaders in the sale of quality coastal and country houses across the Island.

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Disclaimer - Property reference 34798171. 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 Spence Willard, Cowes. 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.

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