3 Bed Terraced House, Single Let, Milnthorpe, LA7 7AD, £200,000

Park Road, Milnthorpe, LA7 7AD - 1 views - 2 years ago

BTL
~93 m²
+19 photos

ValuationUndervalued

Sold Prices£140K - £360K
Sold Prices/m²£1.9K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£245,275
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£595 - £1,650

Rent Estimate

£606

Running Costs/mo

£766

Cashflow/mo

£-160

Cashflow/yr

£-1,922

Gross Yield

4%

Local Sold Prices

37 sold prices from £140K to £360K, average is £225K. £1.9K/m² to £4.3K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£235K03/220.15 mi43, Church Street, Milnthorpe, Cumbria LA7 7DX3
£178.5K11/210.16 mi3, Flowerden Court, Milnthorpe, Cumbria LA7 7BY3
£178.5K11/210.16 mi3, Flowerden Court, Milnthorpe, Cumbria LA7 7BY3
£245K09/220.17 mi23, Church Street, Milnthorpe, Cumbria LA7 7DX3
£150K03/210.17 mi1, Printers Mews, Milnthorpe, Cumbria LA7 7QY3
£215K10/200.19 mi2, Dallam View, Milnthorpe, Cumbria LA7 7QX3
£225K05/230.22 mi71, Ryleyfield Road, Milnthorpe, Westmorland And Furness LA7 7PT3
£150K01/210.22 mi86, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU3
£200K01/210.22 mi17, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PT3
£227.5K04/220.26 mi91, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU3
£225K04/210.26 mi63, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU3
£169.9K02/210.27 mi24, Firs Road, Milnthorpe, Cumbria LA7 7QF3
£289.9K04/230.29 mi8, Dallam Chase, Milnthorpe, Westmorland And Furness LA7 7DW3
£260K12/200.29 mi15, Dallam Chase, Milnthorpe, Cumbria LA7 7DW3
£235K07/220.3 mi18, Wyndsore Avenue, Milnthorpe, Cumbria LA7 7DB3
£159.5K06/230.3 mi17, Wyndsore Avenue, Milnthorpe, Westmorland And Furness LA7 7DB3
£242K11/210.31 miHarmony Barn, Harmony Hill, Milnthorpe, Cumbria LA7 7QA3
£242K11/210.31 miHarmony Barn, Harmony Hill, Milnthorpe, Cumbria LA7 7QA3
£240K05/210.32 mi1, Harmony Hill, Milnthorpe, Cumbria LA7 7QA3
£185K01/210.32 mi10, St Anthonys Hill, Milnthorpe, Cumbria LA7 7DU3
£245K01/220.34 mi29, Summerville Road, Milnthorpe, Cumbria LA7 7DF3
£222K01/210.34 mi2, Summerville Road, Milnthorpe, Cumbria LA7 7DF3
£220K11/220.34 mi16, Summerville Road, Milnthorpe, Cumbria LA7 7DF3
£226K10/220.34 mi3, Firs Close, Milnthorpe, Westmorland And Furness LA7 7QG3
£218.6K07/220.35 mi13, Firs Close, Milnthorpe, Cumbria LA7 7QG3
£360K10/200.36 miChesterfield House, 9, Chestnut Way, Milnthorpe, Cumbria LA7 7RB3
£295K11/210.37 mi58, Church Street, Milnthorpe, Cumbria LA7 7DZ3
£245K01/220.37 mi127, Church Street, Milnthorpe, Cumbria LA7 7DZ3
£295K07/230.37 mi20, Hillcrest, Milnthorpe, Westmorland And Furness LA7 7RG3
£203K12/220.54 mi33, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA3
£164K09/210.59 mi16, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA3
£140K04/210.59 mi40, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA3
£164K09/210.59 mi16, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA3
£220K12/220.59 mi15, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA3
£210K09/220.62 mi97, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DR3
£341K02/230.94 mi35, Dugg Hill, Heversham, Milnthorpe, Cumbria LA7 7EF3
£275.5K07/220.96 mi33, Dugg Hill, Heversham, Milnthorpe, Cumbria LA7 7EF3

Local Rents

30 rents from £595/mo to £1.6K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85007/240.04 mi80 Park Road, Milnthorpe, LA7 7AD3
£75005/240.05 mi23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE2
£1,45010/230.16 miParkside House, Milnthorpe, LA7 7AN4
£75002/240.16 mi-1
£88004/240.16 mi-1
£78007/240.16 mi-1
£1,20009/240.16 mi-1
£84010/240.16 mi-1
£65001/240.17 mi-2
£97511/230.17 mi-3
£60010/230.21 mi6 The Square, Milnthorpe, Cumbria, LA7 7QJ2
£59507/240.21 mi6 The Square, Milnthorpe, LA7 7QJ2
£80005/240.23 miMill Lane, Beetham Road, Milnthorpe, LA72
£1,30004/240.34 mi-3
£85009/240.34 mi3 St. Anthonys Close, Milnthorpe1
£75004/240.89 miWatersedge, Sanside, Milnthorpe2
£85009/240.94 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£69504/240.98 miSandside, Milnthorpe, LA7 7HW2
£89504/240.99 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£89508/240.99 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£82507/241.11 miBeetham House, Beetham, Milnthorpe, Cumbria, LA72
£82508/241.11 miBeetham House, Beetham, Milnthorpe, Cumbria, LA72
£1,50010/231.22 miParsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL4
£1,30007/241.35 miStorth Road, Storth, Milnthorpe, Cumbria, LA73
£1,65005/241.62 miLeasgill, Milnthorpe, LA7 7FG4
£75005/241.85 mi3 Greenside Court, Hincaster2
£65007/241.85 mi2 Greenside Court, Hincaster1
£95005/241.85 miElmwood, Hincaster2
£1,20004/241.96 miOrchard Cottage, Carr Bank road, Carr Bank, Cumbria LA7 7LB3
£1,10004/241.98 miCarr Bank Road, Carr Bank, Milnthorpe3

Local Area Statistics

Population in LA7

5,107

Town centre distance

0.08 miles away

Nearest school

0.30 miles away

Nearest train station

2.69 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £200,000

January 16, 2023

Floor Plans

Description

  • Three double bedrooms +
  • Versatile living accommodation +
  • Original features and lots of character +
  • Secure rear garden +
  • Lovely open views from the garden +
  • Opportunity to add your own stamp and increase value +
  • Modern kitchen and bathroom +
  • Re-wired and reroofed in 2020 +
  • Located within walking distance to local amenities and transport links +

'Cherry Cottage' is a charming and unique three bedroom home located in the heart of Milnthorpe showcasing beautiful rear views over the recreational fields to Dallam Park beyond. There is potential to add your own stamp to the home and to increase the value. The spacious accommodation offers various rooms to utilise as you wish and consists of a double fronted living room with a log burner, a separate formal living room, a light and bright kitchen/ diner with direct access out to the rear garden and a generous utility room. The first floor offers a landing with a wonderful elongated window allowing an abundance of natural light in, three double bedrooms and a shower room. There are delightful original features throughout the property hinting back to the history of the home. The rear garden boasts fantastic open views over the recreational fields and over to Dallam Park beyond with space for al fresco dining and socialising while enjoying the surrounding area. Milnthorpe is a large village offering a great selection of local amenities as well as a nursery- primary school and secondary school which are all within five minutes walking distance of the property. The M6 motorway can be reached within 10 minutes and there is a regular bus service that runs 7 days a week from Lancaster up to Keswick in the Lake District. Milnthorpe benefits from having 2 doctors surgeries- 2 dental practices- a Pharmacy- an opticians- a vets and much- much more and plays host to an array of social activities for all ages ranging from baby and toddler groups and youth groups to coffee mornings and sports clubs. There is a supermarket- 3 pubs- several independent shops and a variety of eateries.

Agent Details

Waterhouse Estate Agents, Milnthorpe

01524 967559

Next Steps?

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