2 Bed Flat, Single Let, Milnthorpe, LA7 7HN, £150,000

Watersedge, Sandside, LA7 7HN - 3 views - 8 months ago

Leasehold
BTL
~68 m²
+18 photos

ValuationOvervalued

Sold Prices£83K - £395K
Sold Prices/m²£1.5K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£141,898

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£595 - £895

Rent Estimate

£606

Running Costs/mo

£610

Cashflow/mo

£-4

Cashflow/yr

£-47

Gross Yield

5%

Local Sold Prices

26 sold prices from £83K to £395K, average is £175K. £1.5K/m² to £3.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£110K11/211.11 mi3, Firs Flats, Milnthorpe, Cumbria LA7 7QQ2
£110K11/211.11 mi3, Firs Flats, Milnthorpe, Cumbria LA7 7QQ2
£102K06/211.14 mi55, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU2
£102K06/211.14 mi55, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU2
£83K12/201.18 mi17, Kirkhead, Milnthorpe, Cumbria LA7 7PX2
£95K10/211.52 mi109, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DR2
£175K03/221.86 miFlat 10, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£205K03/231.86 miFlat 23, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£185K12/201.86 miFlat 24, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£200K04/221.86 miFlat 11, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£190K05/211.86 miFlat 18, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£200K10/221.87 miFlat 18, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£155K12/202.11 mi2, Briery Bank, Arnside, Carnforth, Cumbria LA5 0HW2
£145K12/202.11 mi7, Briery Bank, Arnside, Carnforth, Cumbria LA5 0HW2
£265K03/222.19 miFlat 7, Herons Reach, The Promenade, Arnside, Carnforth, Cumbria LA5 0AD2
£222K12/202.21 miFlat 1, Inglewood Court, Promenade, Arnside, Carnforth, Cumbria LA5 0AD2
£175K03/212.27 mi31, Inglemere Close, Arnside, Carnforth, Cumbria LA5 0AP2
£305K02/212.31 miGreygarth, Uplands, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AS2
£290K11/202.42 miFlat 10, Heathcliffe Court, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AT2
£205K04/222.44 miFlat 7, Heathcliffe Court, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AT2
£395K03/212.72 miApartment 17, The Grange, Knott Lane, Arnside, Carnforth, Cumbria LA5 0BP2
£335.1K04/212.84 miWoodcote, Far Close Drive, Arnside, Carnforth, Cumbria LA5 0BG2
£103K11/212.89 mi52, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1PP2
£107.3K09/222.91 mi51, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1SD2
£125K12/202.95 mi17, Chestnut Close, Holme, Carnforth, Cumbria LA6 1RX2
£125K11/202.96 mi22, Chestnut Close, Holme, Carnforth, Cumbria LA6 1RX2

Local Rents

10 rents from £595/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75004/240 miWatersedge, Sanside, Milnthorpe2
£85009/240.05 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£69504/240.11 miSandside, Milnthorpe, LA7 7HW2
£89504/240.11 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£89508/240.11 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£75005/240.85 mi23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE2
£80005/240.96 miMill Lane, Beetham Road, Milnthorpe, LA72
£65001/241.04 mi-2
£60010/231.09 mi6 The Square, Milnthorpe, Cumbria, LA7 7QJ2
£59507/241.09 mi6 The Square, Milnthorpe, LA7 7QJ2

Local Area Statistics

Population in LA7

5,107

Town centre distance

0.97 miles away

Nearest school

0.60 miles away

Nearest train station

1.88 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £150,000

July 24, 2024

Floor Plans

Description

  • Two double bedrooms +
  • Modern three piece bathroom +
  • Open plan kitchen and living room +
  • Fantastic views over the estuary +
  • Parking for one vehicle +
  • A sheltered balcony to take full advantage of the views +

Boasting spectacular panoramic views over the estuary, this first floor apartment offers two double bedrooms and has no onward chain. An entrance porch provides room to store coats and leads in to the open plan living room and kitchen which provides a wonderful space for entertaining and boasts both front and rear views. The balcony outside the living room is a great space to sit out to enjoy the panoramic views. The two bedrooms can be found just off the hallway, one with rear facing views and the other with lovely front facing views and a built in wardrobe. along with the modern, three piece bathroom. Externally there is a parking space for one vehicle on the gravelled parking area at the rear and there is also a shared laundry facility to use. Sandside is ideally located on the edge of Storth, a picturesque village that boasts a Post Office and integrated community shop and a well regarded primary school. The village has a vibrant community with several local groups and societies ranging from play groups to an amateur dramatics society and offers various other activities within the Village Hall. Sandside is also within close proximity to both Arnside and Milnthorpe with Milnthorpe offering a Booths supermarket, two doctors surgeries, two dentists and a wide range of further amenities. There are good transport links from nearby Arnside with a train station, a bus route and the M6 motorway is just a 15 minute drive away.

Agent Details

Waterhouse Estate Agents, Milnthorpe

01524 967559

Next Steps?

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