2 Bed Terraced House, Single Let, Carnforth, LA6 1PS, £170,000

7 Milnthorpe Road, Carnforth, Cumbria, LA6 1PS - 3 views - a year ago

BTL
~57 m²
+8 photos

ValuationOvervalued

Sold Prices£137.5K - £479K
Sold Prices/m²£2K/m² - £3.7K/m²

 

 

Square Metres

~57 m²
Price/m²£3K/m²

Value Estimate

£158,723

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£495 - £1,500

Rent Estimate

£599

Running Costs/mo

£671

Cashflow/mo

£-72

Cashflow/yr

£-865

Gross Yield

4%

Local Sold Prices

20 sold prices from £137.5K to £479K, average is £180.5K. £2K/m² to £3.7K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£175K03/210.1 mi8, Mayfield Avenue, Holme, Carnforth, Cumbria LA6 1PT2
£245K11/220.12 mi57, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1SD2
£285K11/220.14 miThe Old Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QA2
£172.5K06/210.17 mi56, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1PP2
£186.3K10/220.27 mi2, Malt Kiln Cottages, Holme, Carnforth, Cumbria LA6 1QE2
£150K07/210.3 miMayland Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QG2
£168K01/230.3 miMayland Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QG2
£190K04/210.35 miMilie Field, North Road, Holme, Carnforth, Cumbria LA6 1QG2
£180K09/230.4 mi5, Farleton View, Holme, Carnforth, Westmorland And Furness LA6 1QU2
£181K07/210.52 mi3, Springfield, Holme, Carnforth, Cumbria LA6 1QZ2
£180K03/230.54 mi17, Holme Mills Cottages, Holme, Carnforth, Westmorland And Furness LA6 1RB2
£137.5K10/200.54 mi19, Holme Mills Cottages, Holme, Carnforth, Cumbria LA6 1RB2
£160K03/211.43 miRose Cottage, Tanpits Lane, Burton, Carnforth, Cumbria LA6 1HX2
£287K10/221.49 mi12, Vicarage Close, Burton, Carnforth, Cumbria LA6 1NP2
£195K12/221.51 mi1, Barker Terrace, Burton, Carnforth, Cumbria LA6 1JD2
£220K08/221.54 miHill View, Main Street, Burton, Carnforth, Cumbria LA6 1NA2
£160K10/201.56 miCockpennys Cottage, Cocking Yard, Burton, Carnforth, Cumbria LA6 1LZ2
£220K09/211.56 miMillstone Cottage, Main Street, Burton, Carnforth, Cumbria LA6 1LY2
£170.5K09/221.63 miHutton House Cottage, Main Street, Burton, Carnforth, Cumbria LA6 1LR2
£479K09/221.93 miWhite Lodge, Hill Crest Drive, Slack Head, Milnthorpe, Cumbria LA7 7BB2

Local Rents

23 rents from £495/mo to £1.5K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£97503/250.39 mi-2
£95005/241 miClawthorpe, Carnforth, LA6 1NU3
£75004/241.44 miGlebe Close, Burton, Carnforth2
£49501/251.63 mi-1
£82507/241.66 miBeetham House, Beetham, Milnthorpe, Cumbria, LA72
£82508/241.66 miBeetham House, Beetham, Milnthorpe, Cumbria, LA72
£1,50010/231.72 miParsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL4
£79505/241.73 miMowbray Drive, Burton, Carnforth1
£1,30004/242.07 mi-3
£80005/242.16 miMill Lane, Beetham Road, Milnthorpe, LA72
£75002/242.22 mi-1
£88004/242.22 mi-1
£78007/242.22 mi-1
£1,20009/242.22 mi-1
£84010/242.22 mi-1
£60010/232.22 mi6 The Square, Milnthorpe, Cumbria, LA7 7QJ2
£59507/242.22 mi6 The Square, Milnthorpe, LA7 7QJ2
£65001/242.23 mi-2
£97511/232.27 mi-3
£85007/242.36 mi80 Park Road, Milnthorpe, LA7 7AD3
£75005/242.38 mi23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE2
£1,45010/232.46 miParkside House, Milnthorpe, LA7 7AN4
£85009/242.46 mi3 St. Anthonys Close, Milnthorpe1

Local Area Statistics

Population in LA6

12,877

Population in Carnforth

29,230

Town centre distance

4.80 miles away

Nearest school

0.20 miles away

Nearest train station

3.70 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £170,000

January 23, 2024

Sold for £125,000

2019

Sold for £48,000

1999

Floor Plans

Description

  • Cosy Cottage +
  • Open Plan Living Space +
  • Two Bedrooms +
  • Neutral Bathroom Suite +
  • Rear Garden with Patio Area +
  • Central Village Location +
  • Ideal First-Time-Buy or Rental Property +
  • On Road Parking +
  • Council Tax Band: B +
  • Tenure: Freehold +

Centrally located within the popular village of Holme, this quaint stone built cottage provides open plan living accommodation, 2 generous bedrooms and enclosed gardens, which would be perfect for first time buyers, rental investors or those seeking a second home. No chain.  Directions For Satnav users enter: LA6 1PS For what3words app users enter: accordion.taxi.needed Location Centrally located within the popular village of Holme, the property provides convenient access to a range of amenities on foot. These include a primary school and a public house. Canal-side walks, the cricket club and bowling club are close by, as well as a local bus route to the market towns of Milnthorpe and Kendal and the city of Lancaster. A short drive away are junctions 35 and 36 of the M6 motorway. Description Stepping through the front door, you walk into an enclosed hall, with stairs directly ahead ascending to the first floor and a door leading through to the lounge. The lounge is a generous sized reception room which flows through to the adjoining kitchen/diner. Within the lounge is a gas fire and access to an under stairs storage cupboard. The kitchen is equipped with a range of wooden storage cupboards and a three-sided worktop. Fitted within the worktop is a stainless steel sink with mixer tap and a four ring electric hob, with electric oven/grill below. There is plumbing available for a washing machine and space for an upright fridge freezer in the dining area. A door off the kitchen leads through to a rear hall which has an external door opening out onto the enclosed garden.  Upstairs there are two bedrooms and a shower room. The larger of the two bedrooms is a good size double room, which has a recessed alcove for a freestanding wardrobe and a built-in cupboard housing the combi boiler. The second bedroom is a a good size single room, which has space for a wardrobe. The shower room includes an enclosure with wall mounted shower, WC and pedestal wash hand basin.  Outside, there is a paved patio and lawn garden, enclosed within a fence boundary, providing a safe environment for children and pets.  Tenure Freehold Services Mains gas, electric and water

Agent Details

Poole Townsend, Kendal

01539 761289

Next Steps?

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