3 Bed Detached House, Refurb/BRRR, Carnforth, LA6 3BJ, £310,000

The Croft, Back Gate, Ingleton, LA6 3BJ 3BJ - 3 views - a year ago

Refurb/BRRR
~90 m²
+13 photos

ValuationOvervalued

Sold Prices£150K - £675K
Sold Prices/m²£1.9K/m² - £3.9K/m²

 

 

Square Metres

~90.40 m²
Price/m²£3.4K/m²

Value Estimate

£177,070

 

 

End Value (After Refurb)

£305,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Refurb Costs

£36,515

Bridging Loan Interest

£8,138

Total Cash In

£137,402

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£305,000

Mortgage (After Refinance)

£228,750

Mortgage LTV

75%

Cash Left In

£137,402

Equity

£76,250

Rent Range

£750 - £1,650

Rent Estimate

£1,063

Running Costs/mo

£1,186

Cashflow/mo

£-123

Cashflow/yr

£-1,473

Gross Yield

4%

Local Sold Prices

20 sold prices from £150K to £675K, average is £228.8K. £1.9K/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£180K11/220.08 mi9, Burnmoor View, Ingleton, Carnforth, North Yorkshire LA6 3BL3
£235K10/230.2 mi1, Highfield Cottages, Ingleton, Carnforth, North Yorkshire LA6 3AZ3
£540K02/230.21 miChurch Croft, Main Street, Ingleton, Carnforth, North Yorkshire LA6 3EB3
£310K04/210.21 mi11, Ingleborough Park Drive, Ingleton, Carnforth, North Yorkshire LA6 3AJ3
£190K08/230.21 mi8, Ingleborough Park Drive, Ingleton, Carnforth, North Yorkshire LA6 3AJ3
£335K12/200.21 mi12, Croft Close, Ingleton, Carnforth, North Yorkshire LA6 3DB3
£185K05/230.22 mi88, New Village, Ingleton, Carnforth, North Yorkshire LA6 3DQ3
£192.5K05/230.24 mi5, New Village, Ingleton, Carnforth, North Yorkshire LA6 3DH3
£525K06/230.26 mi2, The Orchard, Ingleton, Carnforth, North Yorkshire LA6 3FG3
£177.5K12/200.28 mi24, Green Meadow Close, Ingleton, Carnforth, North Yorkshire LA6 3FE3
£150K02/210.28 mi7, Green Meadow Close, Ingleton, Carnforth, North Yorkshire LA6 3FE3
£185K06/230.28 mi26, Green Meadow Close, Ingleton, Carnforth, North Yorkshire LA6 3FE3
£325K05/230.28 mi1, Green Meadow Close, Ingleton, Carnforth, North Yorkshire LA6 3FE3
£471.5K01/230.28 miAshgate, Croft Road, Ingleton, Carnforth, North Yorkshire LA6 3BZ3
£165K11/220.3 mi3, Thacking Lane, Ingleton, Carnforth, North Yorkshire LA6 3EQ3
£240K04/230.31 mi44, New Village, Ingleton, Carnforth, North Yorkshire LA6 3DG3
£219.9K01/210.43 mi8, New Road, Ingleton, Carnforth, North Yorkshire LA6 3HW3
£222.5K07/230.66 mi3, Beech Terrace, Ingleton, Carnforth, North Yorkshire LA6 3HT3
£675K07/231.42 miRomalea, Dumb Toms Lane, Ingleton, Carnforth, North Yorkshire LA6 3DS3
£275K11/221.69 mi1, Post Office Row, Thornton In Lonsdale, Carnforth, North Yorkshire LA6 3NG3

Local Rents

6 rents from £750/mo to £1.6K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85012/240.09 mi-2
£95011/240.09 mi-2
£1,00002/240.16 mi-4
£75012/240.18 mi-1
£75012/240.18 mi-1
£1,65012/242.3 miTatterthorn Road, Bentham, Lancaster5

Local Area Statistics

Population in LA6

12,877

Population in Carnforth

29,230

Town centre distance

12.69 miles away

Nearest school

0.20 miles away

Nearest train station

3.02 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £310,000

March 8, 2025

Price changed to £325,000

December 11, 2024

Listed for £310,000

April 4, 2024

Floor Plans

Description

  • Detached Family Home +
  • Three Bedrooms and One Bathroom +
  • Kitchen/Diner and Two Reception Rooms +
  • Garage and Off Road Parking +
  • Well Maintained Garden +
  • Sought After Location +
  • Close Access to Great Transportation Links +
  • Opportunity to Update and Grade if Desired +
  • No Onward Chain +
  • Superfast 47 Mbps Broadband Available +

Description This detached family home has much to offer, with kitchen/diner, dining room and living room to the ground floor and three bedrooms and family bathroom to the first floor. Completing the picture is the driveway offering off road parking, garage, workshop and an enclosed garden to the rear.

The Croft is well situated for access to the village, and benefits from being in the catchment area for Queen Elizabeth School, Kirkby Lonsdale and Settle College, Settle. The property has provided a much-loved home which would now benefit from some internal modernisation to create a wonderful family home.  

Property Overview Discover this delightful three-bedroom detached property, situated within the highly sought-after village of Ingleton. Although in need of some updating and modernization, this property offers great potential for those looking to create their dream home.

Step inside the entrance porch, providing a convenient space for coats and shoes. Through the internal door you are welcomed into the dining room with space for a dining table and a front aspect window. The archway nicely leads into the living room which has a fireplace and front aspect window. A sliding door leads into kitchen dining room, this sunny room overlooks the garden. Boasting an array of wall, base and larder style cupboards with complementary worktops and stainless steel sink. There is space for under counter fridge and washing machine. The rear porch leads out into the garden.

Ascend to the first floor where the landing provides access to all three bedrooms and family bathroom by Suffolk latch doors. Bedroom one is a double bedroom with a front aspect window and having additional space for bedroom furniture. Bedroom two, also a double room with front aspect window and benefitting from a built in cupboard providing handy storage. Bedroom three is a single room with a side aspect window over looking the garden.

To complete the picture the family bathroom, a three piece suite, comprises a panelled bath, pedestal sink and W.C.
 

Location Ingleton sits at the foot of Ingleborough one of the 'Three Peaks', which can be ascended from the village. There is some stunning limestone scenery. Ingleton is also home to the spectacular 'Ingleton Waterfalls' and these are accessible on foot from the village. The White Scar Caves are a couple of miles away and provide guided tours. Ingleton is the perfect location for those who love nature and enjoy walking and outdoor pursuits.

The village has a outdoor swimming pool open all year round for heated swimming in the summer and cold-water swimming in the winter months. The village has a thriving Community Centre, several Churches, a Doctors' Surgery, community gym, bike track, bakery, butcher's, hairdresser's, plant nursery, outdoor pursuits, climbing wall, independent gift shops, a pottery, cafes, two Co-op grocery stores, a petrol station, restaurants, and several pubs. Ingleton also has a primary school and secondary education is a short drive away in the market towns of Kirkby Lonsdale and Settle.  

What3Words: ///another.depth.hesitate 

Accommodation (with approximate dimensions)  

Ground Floor  

Living Room 12' 9" x 11' 3" (3.89m x 3.43m)  

Dining Room 12' 5" x 11' 5" (3.78m x 3.48m)  

Kitchen 23' 2" x 5' 10" (7.06m x 1.78m)  

First Floor  

Bedroom One 12' 6" x 11' 2" (3.81m x 3.4m)  

Bedroom Two 11' 9" x 10' 1" (3.58m x 3.07m)  

Bedroom Three 13' 6" x 5' 10" (4.11m x 1.78m)  

Property Information  

Outside To the side of the property, a welcoming driveway greets you, offering off road parking and leads to the detached garage. The garage is equipped with power, light and an up and over door.

There is a lean to workshop attached to the side of the property. A great hobby room with work bench and also housing the boiler.

To the rear of the property you will find a maintained and well-stocked garden with mature hedges and trees with a gate leading to the side garden with further mature hedges and planted boarders.  

Services Mains drainage, water and electricity. Oil Central Heating.  

Council Tax Craven District Council - Band D 

Tenure Freehold. Vacant possession upon completion. 

Energy Performance Certificate The full Energy Performance Certificate is available on our website and also at any of our offices. 

Viewings Strictly by appointment with Hackney & Leigh Kirkby Office.

Agent Details

Hackney & Leigh, Kirkby Lonsdale

01524 938547

Next Steps?

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