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2 bed house for sale Pelham Road, Cowes, PO31

Offers in the region of

£240,000

Reduced on 16/10/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £271 per sq ft
Tenure: Ask agent

Council tax Band B £2,042 a year

Key features

Spacious Main Living Space.
Large Fitted Kitchen.
Separate Utility Room.
Two Double Bedrooms.
Versatile Third Room.
Driveway & Garden.

About this property

A well-proportioned and versatile terraced home situated on the popular Pelham Road, with spacious living accommodation, a good-sized rear garden and the added benefit of driveway parking.

The entrance hall leads into a light and spacious main reception room, which continues through to the dining area. This is a generous room with plenty of space for both seating and dining, making it a comfortable and practical part of the home. The large fitted kitchen has a good range of storage and worktop space, together with integrated appliances.

Floorplan

Council tax

Band B £2,042 a year

Per year

Band A

£1,751
Band B

This home: £2,042
Band C

£2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

This home is in band B, which costs £2,042 a year in Isle of Wight for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

40 comparables · within 2.8 miles

Priced above 73% of the 2-bed houses for sale nearby right now.

This home, £240,000 Median £207,500 · £165,000 – £272,995

Per square foot

£271 6% over

2-bed houses nearby £256

Against sold prices

14% under

PO31 sold median £316 / sq ft, 406 sales

Compared with 40 2-bed houses for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in PO31 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in PO31 →

Location

Pelham Road, Cowes, PO31

Open map Street View

Mortgage and stamp duty

Property price £240,000

£120k £360k

Deposit10% £24,000

£0 £240k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
99a, Pelham Road Flat / maisonette	Flat / maisonette	Mar 2025	452 sq ft £283/sq ft	452 sq ft	£283	£128,000
83, Pelham Road Terraced	Terraced	Jun 2024	958 sq ft £230/sq ft	958 sq ft	£230	£220,000
93, Pelham Road Semi-detached	Semi-detached	Apr 2024	1,001 sq ft £234/sq ft	1,001 sq ft	£234	£234,000
95, Pelham Road Semi-detached	Semi-detached	Dec 2023	1,044 sq ft £242/sq ft	1,044 sq ft	£242	£252,500
84, Pelham Road Terraced	Terraced	Nov 2023	893 sq ft £285/sq ft	893 sq ft	£285	£255,000
99b, Pelham Road Flat / maisonette	Flat / maisonette	Jul 2023	710 sq ft £211/sq ft	710 sq ft	£211	£150,000
90, Pelham Road Terraced	Terraced	Mar 2023	915 sq ft £296/sq ft	915 sq ft	£296	£271,000
86, Pelham Road Terraced	Terraced	Jan 2023	1,119 sq ft £243/sq ft	1,119 sq ft	£243	£272,500