 The report said that the buyer's name could not be disclosed, but it was mentioned that there was a prospect that the castle could be inhabited again.The following week it was announced that a company was being formed to manage the estate and that the secretary was a Mr R G Burke, with the registered office being 6 Birmingham Road, Cowes, Isle of Wight.In 1934, the castle was bought by Cowes Estates LTD, a development company.