5 Bed Detached House, Single Let, Carnforth, LA5 0TA, £595,000

18 Stankelt Road, Carnforth, Lancashire, LA5 0TA - 2 views - a year ago

BTL

196 m²

+22 photos

ValuationOvervalued

Sold Prices	£365K - £1.0M
Sold Prices/m²	£1.6K/m² - £5.7K/m²

Square Metres	196 m²
Price/m²	£3K/m²
Value Estimate	£562,787£562,787

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£148,750£148,750
Stamp Duty & Legal Fees	£36,300£36,300
Total Cash In	£185,050£185,050

Cash Out
Rent Range	£650 - £1,250£650 - £1,250
Rent Estimate	£650
Running Costs/mo	£2,009£2,009
Cashflow/mo	£-1,359£-1,359
Cashflow/yr	£-16,312£-16,312
Gross Yield	1%1%

Local Sold Prices

7 sold prices from £365K to £1.0M, average is £600K. £1.6K/m² to £5.7K/m², average is £2.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£530K	02/21	0.44 mi	1, Bradshawgate Drive, Silverdale, Carnforth, Lancashire LA5 0SF	£3,442	154	5	Detached House
£610K	01/23	0.66 mi	4a, The Row, Silverdale, Carnforth, Lancashire LA5 0UG	-	-	5	Detached House
£600K	01/23	1.9 mi	70, Silverdale Road, Arnside, Carnforth, Cumbria LA5 0EN	£2,752	218	5	Detached House
£1.0M	05/21	2.06 mi	Penhale, New Barns Road, Arnside, Carnforth, Cumbria LA5 0BD	£5,714	180	5	Detached House
£375K	12/20	2.6 mi	32d, Yealand Road, Yealand Conyers, Carnforth, Lancashire LA5 9SJ	£1,576	238	5	Semi-Detached House
£625K	12/20	2.7 mi	11, Coach Road, Warton, Carnforth, Lancashire LA5 9PP	£2,990	209	5	Detached House
£365K	01/21	2.81 mi	The Gables, Back Lane, Warton, Carnforth, Lancashire LA5 9QW	£2,433	150	5	Terraced House

Local Rents

5 rents from £650/mo to £1.3K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,050	05/24	0.15 mi	Gaskell Close, Silverdale, Carnforth, Lancashire	3	Semi-Detached House
£780	11/24	0.29 mi	-	2	Terraced House
£1,250	05/24	0.57 mi	Wallings Lane, Silverdale, LA5 0SA	2	Flat
£650	07/24	1.17 mi	-	2	Terraced House
£1,150	12/24	2.3 mi	-	3	Semi-Detached House

Local Area Statistics

Population in LA5	16,35316,353
Population in Carnforth	29,23029,230
Town centre distance	2.65 miles away2.65 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.89 miles away0.89 miles away

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

Property History

Listed for £595,000

February 28, 2024

Sold for £380,000

2016

Floor Plans

Description

Detached Period Property +
A Wealth of Original Features +
Four Reception Rooms +
Five Bedrooms +
Two Shower Rooms & Separate Bathroom +
Large Basement Room +
Secluded Gardens, Balcony with Sea Views +
Basement Workshop Storage Rooms +
CHAIN FREE +

Stunning detached period home with a wealth of original feature located on the exclusive Stankelt Road in Silverdale. This substantial home has four reception rooms, a living/dining kitchen, utility with shower room, five bedrooms to the first floor and superb basement room with shower room and patio doors leading out onto the private mature gardens. The icing on the cake has to be the balcony leading off from the kitchen with sea views. Gas central heating, double glazed, mains electric and water. OFFERED CHAIN FREE VIEWING RECOMMENDED TO FULLY APPRECIATE THE SPACE AND FANTASTIC LOCATION.

Agent Details

Richard Turner & Son, Bentham (Nr Lancaster),

01524 967488

Next Steps?

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

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