3 Bed Flat, Single Let, Carnforth, LA5 0DJ, £240,000

Church Hill, Arnside, Carnforth, LA5 0DJ - 2 years ago

Leasehold

BTL

~93 m²

+14 photos

ValuationFair Value

Sold Prices	£225K - £500K
Sold Prices/m²	£2.6K/m² - £3.3K/m²

Square Metres	~93 m²
Price/m²	£2.6K/m²
Value Estimate	£240,500£240,500

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£60,000£60,000
Stamp Duty & Legal Fees	£15,500£15,500
Total Cash In	£75,500£75,500

Cash Out
Rent Range	£650 - £1,500£650 - £1,500
Rent Estimate	£736
Running Costs/mo	£917£917
Cashflow/mo	£-181£-181
Cashflow/yr	£-2,174£-2,174
Gross Yield	4%4%

Local Sold Prices

8 sold prices from £225K to £500K, average is £361.3K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£287.5K	04/23	0.46 mi	Flat 14, Heathcliffe Court, Redhills Road, Arnside, Carnforth, Westmorland And Furness LA5 0AT	-	-	3	Flat
£225K	05/21	0.47 mi	Flat 17, Heathcliffe Court, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AT	-	-	3	Flat
£239K	01/21	0.54 mi	13, Swinnate Road, Arnside, Carnforth, Cumbria LA5 0HR	£2,598	92	3	Flat
£500K	03/23	0.77 mi	Apartment 2, The Grange, Knott Lane, Arnside, Carnforth, Westmorland And Furness LA5 0BP	-	-	3	Flat
£487.5K	02/23	0.77 mi	Apartment 3, The Grange, Knott Lane, Arnside, Carnforth, Westmorland And Furness LA5 0BP	£3,294	148	3	Flat
£440K	01/21	0.77 mi	Apartment 2, The Grange, Knott Lane, Arnside, Carnforth, Cumbria LA5 0BP	-	-	3	Flat
£435K	03/21	0.77 mi	Apartment 4, The Grange, Knott Lane, Arnside, Carnforth, Cumbria LA5 0BP	-	-	3	Flat
£245K	07/22	2.8 mi	Apartment 7, Hazelwood Hall, Hollins Lane, Silverdale, Carnforth, Lancashire LA5 0UD	-	-	3	Flat

Local Rents

15 rents from £650/mo to £1.5K/mo, average is £895/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	12/24	0.2 mi	-	3	Semi-Detached House
£1,100	04/24	0.89 mi	Carr Bank Road, Carr Bank, Milnthorpe	3	Flat
£1,200	04/24	0.91 mi	Orchard Cottage, Carr Bank road, Carr Bank, Cumbria LA7 7LB	3	Detached House
£1,300	07/24	1.46 mi	Storth Road, Storth, Milnthorpe, Cumbria, LA7	3	Bungalow
£750	04/24	1.59 mi	Meathop Grange, Grange-over-Sands, Cumbria, LA11 6RB	2	Flat
£895	04/24	1.85 mi	Herons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW	2	Flat
£895	08/24	1.85 mi	Herons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW	2	Flat
£695	04/24	1.85 mi	Sandside, Milnthorpe, LA7 7HW	2	Flat
£1,250	05/24	1.89 mi	Wallings Lane, Silverdale, LA5 0SA	2	Flat
£850	09/24	1.91 mi	Herons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW	2	Flat
£750	04/24	1.96 mi	Watersedge, Sanside, Milnthorpe	2	Flat
£650	08/24	2.1 mi	-	2	Terraced House
£780	12/24	2.17 mi	-	2	Terraced House
£1,050	05/24	2.34 mi	Gaskell Close, Silverdale, Carnforth, Lancashire	3	Semi-Detached House
£1,500	10/23	2.37 mi	Parsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL	4	Detached House

Local Area Statistics

Population in LA5	16,35316,353
Population in Carnforth	29,23029,230
Town centre distance	4.83 miles away4.83 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental growth (12m)	-26%-26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Price changed to £240,000

April 5, 2025

Price changed to £250,000

November 8, 2024

Listed for £264,000

January 30, 2023

Floor Plans

Description

GCH and UPVC DG +
Residents Parking +
Communal Garden +
Second Floor Apartment +
Three Bedrooms +
Lovely Views +
No Onward Chain +
Within Walking Distance of Prom +

Well maintained three bedroom flat with excellent views over the estuary towards Lakeland fells. Lounge, dining kitchen, two double bedrooms and a good sized single. Modern shower room. External storage area plus communal garden and parking. Popular village location

Agent Details

Milne Moser, Milnthorpe

01539 885317

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationFair Value

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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