2 Bed Bungalow, Single Let, Carnforth, LA6 1PP, £260,000

5 Pear Tree Park, Carnforth, Cumbria, LA6 1PP - 3 views - 9 months ago

Sold STC

BTL

79 m²

+14 photos

ValuationOvervalued

Sold Prices	£137.5K - £287K
Sold Prices/m²	£2K/m² - £4.1K/m²

Square Metres	78.99 m²
Price/m²	£3.3K/m²
Value Estimate	£225,830£225,830

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£65,000£65,000
Stamp Duty & Legal Fees	£10,300£10,300
Total Cash In	£75,300£75,300

Cash Out
Rent Range	£495 - £1,500£495 - £1,500
Rent Estimate	£599
Running Costs/mo	£952£952
Cashflow/mo	£-353£-353
Cashflow/yr	£-4,240£-4,240
Gross Yield	3%3%

Local Sold Prices

20 sold prices from £137.5K to £287K, average is £180.5K. £2K/m² to £4.1K/m², average is £2.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£186.3K	10/22	0.03 mi	2, Malt Kiln Cottages, Holme, Carnforth, Cumbria LA6 1QE	-	-	2	Terraced House
£150K	07/21	0.05 mi	Mayland Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QG	£3,333	45	2	Terraced House
£168K	01/23	0.05 mi	Mayland Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QG	£3,733	45	2	Terraced House
£172.5K	06/21	0.09 mi	56, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1PP	£2,574	67	2	Semi-Detached House
£190K	04/21	0.11 mi	Milie Field, North Road, Holme, Carnforth, Cumbria LA6 1QG	-	-	2	Semi-Detached House
£245K	11/22	0.13 mi	57, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1SD	£3,603	68	2	Semi-Detached House
£285K	11/22	0.15 mi	The Old Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QA	£2,767	103	2	Detached House
£175K	03/21	0.22 mi	8, Mayfield Avenue, Holme, Carnforth, Cumbria LA6 1PT	£2,734	64	2	Semi-Detached House
£180K	09/23	0.51 mi	5, Farleton View, Holme, Carnforth, Westmorland And Furness LA6 1QU	£3,673	49	2	Terraced House
£181K	07/21	0.71 mi	3, Springfield, Holme, Carnforth, Cumbria LA6 1QZ	£2,785	65	2	Terraced House
£180K	03/23	0.74 mi	17, Holme Mills Cottages, Holme, Carnforth, Westmorland And Furness LA6 1RB	-	-	2	Terraced House
£137.5K	10/20	0.74 mi	19, Holme Mills Cottages, Holme, Carnforth, Cumbria LA6 1RB	-	-	2	Terraced House
£160K	03/21	1.61 mi	Rose Cottage, Tanpits Lane, Burton, Carnforth, Cumbria LA6 1HX	£2,133	75	2	Semi-Detached House
£287K	10/22	1.63 mi	12, Vicarage Close, Burton, Carnforth, Cumbria LA6 1NP	£3,588	80	2	Detached House
£195K	12/22	1.69 mi	1, Barker Terrace, Burton, Carnforth, Cumbria LA6 1JD	-	-	2	Terraced House
£220K	08/22	1.71 mi	Hill View, Main Street, Burton, Carnforth, Cumbria LA6 1NA	£2,933	75	2	Semi-Detached House
£160K	10/20	1.72 mi	Cockpennys Cottage, Cocking Yard, Burton, Carnforth, Cumbria LA6 1LZ	£2,025	79	2	Terraced House
£220K	09/21	1.72 mi	Millstone Cottage, Main Street, Burton, Carnforth, Cumbria LA6 1LY	£2,750	80	2	Semi-Detached House
£170.5K	09/22	1.8 mi	Hutton House Cottage, Main Street, Burton, Carnforth, Cumbria LA6 1LR	£3,554	48	2	Terraced House
£240K	02/21	1.98 mi	3, Sycamore Grove, Ackenthwaite, Milnthorpe, Cumbria LA7 7DS	£4,068	59	2	Semi-Detached House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£975	03/25	0.5 mi	-	2	Terraced House
£950	05/24	1.1 mi	Clawthorpe, Carnforth, LA6 1NU	3	Terraced House
£750	04/24	1.6 mi	Glebe Close, Burton, Carnforth	2	Flat
£825	07/24	1.73 mi	Beetham House, Beetham, Milnthorpe, Cumbria, LA7	2	Flat
£825	08/24	1.73 mi	Beetham House, Beetham, Milnthorpe, Cumbria, LA7	2	Flat
£495	01/25	1.8 mi	-	1	Flat
£1,500	10/23	1.81 mi	Parsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL	4	Detached House
£795	05/24	1.9 mi	Mowbray Drive, Burton, Carnforth	1	Bungalow
£1,300	04/24	2.05 mi	-	3	Detached House
£800	05/24	2.14 mi	Mill Lane, Beetham Road, Milnthorpe, LA7	2	House
£600	10/23	2.17 mi	6 The Square, Milnthorpe, Cumbria, LA7 7QJ	2	Flat
£595	07/24	2.17 mi	6 The Square, Milnthorpe, LA7 7QJ	2	Flat
£750	02/24	2.18 mi	-	1	Flat
£880	04/24	2.18 mi	-	1	Semi-Detached House
£780	07/24	2.18 mi	-	1	Semi-Detached House
£1,200	09/24	2.18 mi	-	1	Semi-Detached House
£840	10/24	2.18 mi	-	1	Semi-Detached House
£650	01/24	2.19 mi	-	2	Flat
£975	11/23	2.23 mi	-	3	Semi-Detached House
£850	07/24	2.33 mi	80 Park Road, Milnthorpe, LA7 7AD	3	Detached House
£750	05/24	2.35 mi	23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE	2	Terraced House
£850	09/24	2.39 mi	3 St. Anthonys Close, Milnthorpe	1	Terraced House
£1,450	10/23	2.44 mi	Parkside House, Milnthorpe, LA7 7AN	4	Semi-Detached House

Local Area Statistics

Population in LA6	12,87712,877
Population in Carnforth	29,23029,230
Town centre distance	5.05 miles away5.05 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	3.93 miles away3.93 miles away

Rental growth (12m)	-38%-38%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Price changed to £260,000

December 4, 2024

Listed for £270,000

July 17, 2024

Sold for £87,950

2001

Floor Plans

Description

Two bedroomed semi-detached dormer bungalow +
Lounge Diner +
Kitchen +
Ground floor bedroom, bathroom and walk in wardrobe +
First floor bedroom and shower room +
GCH and UPVC DG +
Rear garden +
Garage and parking space +
No onward chain +

Two bedroom semi-detached dormer bungalow with versatile layout. Ground floor bedroom and bathroom plus first floor bedroom and shower room. Lounge diner and kitchen. Pretty rear garden, garage and parking space. No onward chain.

Agent Details

Milne Moser, Milnthorpe

01539 885317

Next Steps?

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