2 Bed Flat, Single Let, Carnforth, LA5 8HU, £175,000

7 Fern Lea, Carnforth, Lancashire, LA5 8HU - 8 views - a year ago

Leasehold
BTL
69 m²
+10 photos

ValuationOvervalued

Sold Prices£58K - £259K
Sold Prices/m²£868/m² - £3.6K/m²

 

 

Square Metres

68.63 m²
Price/m²£2.5K/m²

Value Estimate

£123,549

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£575 - £2,500

Rent Estimate

£599

Running Costs/mo

£687

Cashflow/mo

£-88

Cashflow/yr

£-1,052

Gross Yield

4%

Local Sold Prices

50 sold prices from £58K to £259K, average is £114.7K. £868/m² to £3.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£210K06/210.64 mi8, Westfield Drive, Bolton Le Sands, Carnforth, Lancashire LA5 8EW2
£167K01/221.25 mi5, The Moorings, Hest Bank, Lancaster, Lancashire LA2 6DJ2
£95K02/221.34 mi34, Arden Close, Slyne, Lancaster, Lancashire LA2 6JN2
£85.2K03/211.89 mi47, Bridgeside, Carnforth, Lancashire LA5 9LF2
£100K02/221.95 mi17, Fairfield Close, Carnforth, Lancashire LA5 9XL2
£140K06/212.33 mi2, Hatfield Court, Morecambe, Lancashire LA4 6RQ2
£155K11/222.34 mi7, Hatfield Court, Morecambe, Lancashire LA4 6RQ2
£132.5K08/212.35 miApartment 8, Happy Mount House, Elms Lane, Morecambe, Lancashire LA4 6LR2
£244K06/212.39 mi11, Chestnut Drive, Morecambe, Lancashire LA4 6HN2
£114.5K08/212.4 miApartment 106, Town End Apartments, Town End Way, Halton, Lancaster, Lancashire LA2 6RJ2
£112.5K02/212.41 mi14, Elm Grove, Morecambe, Lancashire LA4 6AT2
£100K11/212.47 mi7, Elms Road, Morecambe, Lancashire LA4 6AP2
£238.5K10/202.47 mi4, Mill Lane, Halton, Lancaster, Lancashire LA2 6ND2
£115K03/212.48 mi36, Woodlands Road, Lancaster, Lancashire LA1 2EN2
£184K05/232.55 mi18, The Parks, Morecambe, Lancashire LA4 6BP2
£207K06/212.55 mi23, The Parks, Morecambe, Lancashire LA4 6BP2
£165K03/212.55 mi8, The Parks, Morecambe, Lancashire LA4 6BP2
£130K02/212.56 miFlat 11, Kensington Court, Bare Lane, Morecambe, Lancashire LA4 6DH2
£130K11/222.57 miFlat 9, Kensington Court, Bare Lane, Morecambe, Lancashire LA4 6DH2
£142K03/232.59 mi3, Fairlea Avenue, Morecambe, Lancashire LA4 6JY2
£125K05/232.6 mi16, Palmer Grove, Morecambe, Lancashire LA4 6BQ2
£125K05/232.6 mi15, Palmer Grove, Morecambe, Lancashire LA4 6BQ2
£90K02/232.61 mi27, Clarence Court, Morecambe, Lancashire LA4 6DL2
£98K05/232.62 mi17, Clarence Court, Morecambe, Lancashire LA4 6DL2
£62.5K11/202.62 miFlat 3, Homebreeze House, Beach Street, Morecambe, Lancashire LA4 6BT2
£210K09/212.62 miFirst Floor Flat, 461, Marine Road East, Morecambe, Lancashire LA4 6AE2
£120K11/222.63 mi3, Tudor Grove, Morecambe, Lancashire LA4 6DP2
£120K04/212.64 mi2, Tall Trees, Lancaster, Lancashire LA1 2LD2
£227K12/202.69 mi29, Brampton Drive, Morecambe, Lancashire LA4 6QS2
£122K10/202.71 mi2a, Sulby Grove, Morecambe, Lancashire LA4 6HD2
£79K01/212.73 mi17, Greenset Close, Lancaster, Lancashire LA1 2PN2
£88K06/232.73 mi7, Greenset Close, Lancaster, Lancashire LA1 2PN2
£259K08/212.79 mi58, Slyne Road, Morecambe, Lancashire LA4 6PD2
£135K10/212.82 mi4, Walton Avenue, Morecambe, Lancashire LA4 6SH2
£155K09/222.86 miFlat 1, Princes Gardens, Bare Lane, Morecambe, Lancashire LA4 6RS2
£65K07/212.88 mi26, Stuart Avenue, Morecambe, Lancashire LA4 6EB2
£80K11/202.9 mi52, Watery Lane, Lancaster, Lancashire LA1 2SL2
£80K11/202.9 mi52, Watery Lane, Lancaster, Lancashire LA1 2SL2
£120K12/222.92 mi10, Dallas Court, Morecambe, Lancashire LA4 6NN2
£105K12/222.93 mi34, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£92.5K10/222.93 mi28, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£99K02/232.93 mi2, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£80K12/202.93 mi23, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£93.3K12/202.93 mi37, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£95K06/212.93 mi1, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£75K02/212.93 mi18, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£77K12/202.93 mi33, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£79.5K12/202.93 mi36, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£105K10/222.93 mi11, Old Hall Close, Morecambe, Lancashire LA4 6NL2
£58K12/202.95 mi10, Monkswood Avenue, Morecambe, Lancashire LA4 6TW2

Local Rents

38 rents from £575/mo to £2.5K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£99504/240.03 miFern Lea, Bolton Le Sands, Carnforth2
£97505/240.14 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/240.19 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£92504/240.26 mi-2
£89505/240.47 miMill Lane, Bolton Le Sands, Carnforth3
£89505/240.47 miMill Lane, Bolton Le Sands, Carnforth3
£1,05005/240.57 miSwallow Close, Bolton Le Sands, Carnforth2
£67512/240.57 mi-1
£1,05004/240.59 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£65012/240.64 mi-2
£2,50012/241.06 miThe Shore, Hest Bank, Lancaster, LA24
£95003/251.23 mi-3
£67501/241.28 mi-1
£79505/241.49 miHoward Mews, Carnforth, LA5 9UH2
£1,50004/241.56 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£95011/241.76 mi-3
£65003/251.86 mi-1
£60012/241.86 mi-1
£75004/241.9 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£87504/241.92 miEdward Street, Carnforth3
£1,25004/241.92 miLancaster Road, Carnforth, LA54
£65004/241.96 mi-2
£1,25002/252 mi-2
£67508/242.05 mi-2
£79504/242.06 miNorth Road, Carnforth, LA52
£99003/252.17 mi-4
£99011/232.17 mi-4
£75004/242.21 miHigh Road, Halton, LA22
£85012/242.22 miHigh Road, Halton, LA22
£59504/242.36 mi-2
£70004/242.36 miAlbert Street, Millhead, Carnforth2
£61505/242.36 mi22 Albert Street, Millhead, Carnforth, Lancashire, LA5 9DR1
£85003/252.38 mi-2
£57505/242.39 mi-2
£89507/242.39 mi-1
£75007/242.42 miElm Grove, Bare, Morecambe, Lancashire2
£1,15011/242.43 mi-3
£65005/242.44 mi-2

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

2.52 miles away

Nearest school

0.20 miles away

Nearest train station

2.01 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £175,000

January 25, 2024

Sold for £130,000

2011

Sold for £137,000

2006

Sold for £94,950

2002

Floor Plans

Description

  • Generous First Floor Apartment +
  • Two Bedrooms with Fitted Sharps Wardrobes +
  • Bay Fronted Lounge & Spacious Kitchen Diner +
  • Modern Three Piece Shower Room +
  • Double Glazing & Gas Central Heating +
  • Boasts its Own Garage & Allocated Parking +
  • Sought After Location in Bolton Le Sands +
  • OFFERED WITH NO CHAIN DELAY! +
  • Band: A EPC: C +
  • No Additional Ground Rent/ Maintenance Fees +

Generously proportioned, two bedroom first floor apartment boasting its own garage and allocated parking- set in the sought after village of Bolton Le Sands, within easy reach of both the canal and coast!

This apartment would be perfect for a variety of purchasers including first time buyers, those looking to downsize, or as a 'lock up and leave' base for those who might travel frequently!

Offering spacious accommodation that has been well kept throughout and is decorated in neutral tones, perfect for a purchaser to put their own stamp on. Private entrance from the front elevation takes you up the stairs to the first floor landing/hallway; a welcoming entrance to the apartment which leads off to all rooms of the accommodation. Additionally, the landing/hallway has access to the loft via ceiling hatch and a built in storage cupboard - ideal for a cloaks cupboard.

At the end of the hallway you will find the lounge and kitchen diner, which also interconnect with double doors between! The bay fronted lounge is a bright and airy reception room with a feature coal effect, electric fire. The adjoining kitchen diner offers a range of wall and base units in a light wood effect with gloss black granite effect worktops to complement. With fully integrated appliances including fridge freezer, oven, hob, extractor hood, washing machine and dryer, the kitchen is equipped ready to go!

Both bedrooms are good size rooms benefiting from fitted Sharps wardrobes, with the master also offering a built in, walk in storage cupboard. The modern shower room offers a three piece suite comprising double shower enclosure with direct feed power shower, dual flush WC and wash hand basin, with the additional benefit of a built in storage cupboard.

Externally, the property benefits from its own garage (16'8 x 9'2) with up and over garage door.

Situated in the popular village of Bolton Le Sands, the property is in a great location close to all local amenities including schools, post office, shops and restaurants. Bolton Le Sands is an ideal area for families, couples or individuals alike, with Carnforth, Morecambe and Lancaster all within easy reach. There are regular bus services, Carnforth train station and access to the M6 motorway nearby.

Disclaimer - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. It is not company policy to test any services or appliances in properties offered for sale and these should be verified on survey by prospective purchasers.

Ground Floor -

Entrance Vestibule - 2.29m x 1.19m (7'6 x 3'11) - Composite double glazed entrance door and stairs to first floor.

First Floor -

Hall - 5.38m x 1.02m (17'8 x 3'4) - Hardwood entrance door, central heating radiator, smoke detector, loft access, coving and doors to reception room, kitchen two bedrooms, shower room and storage.

Reception Room - 4.29m x 4.19m (14'1 x 13'9) - Hardwood double glazed window, central heating radiator, coving, electric fire in decorative surround, TV point and hardwood glazed double doors to kitchen.

Kitchen - 3.99m x 3.10m (13'1 x 10'2) - Hardwood double glazed window, central heating radiator, coving, wood effect wall and base units, laminate worktops, stainless steel sink with draining board and mixer tap, integrated oven, four burner gas hob, extractor hood, tiled splash back and part laminate flooring.

Bedroom One - 4.17m x 3.56m (13'8 x 11'8) - Hardwood double glazed window, central heating radiator, coving, built in wardrobe and door to walk in wardrobe.

Walk In Wardrobe - 2.49m x 1.17m (8'2 x 3'10) - Hardwood double glazed window, coving and door to over stairs storage.

Bedroom Two - 3.28m x 2.87m (10'9 x 9'5) - Hardwood double glazed window, central heating radiator, coving and fitted wardrobes.

Shower Room - 2.84m x 1.75m (9'4 x 5'9) - Hardwood double glazed frosted window, central heating radiator, coving, dual flush WC, pedestal wash basin with traditional taps, direct feed shower with rinse head in double enclosure, extractor fan, part tiled elevation, laminate flooring and door to storage.

External - `

Rear - Shared parking area and garage.

Agent Details

GF Property Sales and Lettings, Morecambe

01524 967798

Next Steps?

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