4 Bed Detached House, Single Let, Carnforth, LA5 9TT, £290,000

Redruth Drive, Carnforth, Lancashire, LA5 9TT - 7 months ago

BTL
~95 m²
+12 photos

ValuationOvervalued

Sold Prices£116K - £478K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~94.50 m²
Price/m²£3.1K/m²

Value Estimate

£201,163

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£575 - £1,750

Rent Estimate

£595

Running Costs/mo

£1,045

Cashflow/mo

£-450

Cashflow/yr

£-5,403

Gross Yield

2%

Local Sold Prices

22 sold prices from £116K to £478K, average is £240K. £1.2K/m² to £3.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£255K09/210 mi125, Redruth Drive, Carnforth, Lancashire LA5 9TT4
£239.9K09/210 mi109, Redruth Drive, Carnforth, Lancashire LA5 9TT4
£202K05/210 mi39, Redruth Drive, Carnforth, Lancashire LA5 9TT4
£239.9K04/210.12 mi16, Johnson Close, Carnforth, Lancashire LA5 9UJ4
£445K02/230.13 mi23, St Austell Place, Carnforth, Lancashire LA5 9TU4
£335K12/220.15 mi10, Croasdale Close, Carnforth, Lancashire LA5 9UN4
£270K06/210.15 mi11, Croasdale Close, Carnforth, Lancashire LA5 9UN4
£478K11/210.15 mi21, Crag Bank Road, Carnforth, Lancashire LA5 9EH4
£460K11/220.15 mi20, Crag Bank Road, Carnforth, Lancashire LA5 9EH4
£268K05/210.17 mi17, Browsholme Close, Carnforth, Lancashire LA5 9UW4
£215K03/210.21 mi18, Crag Bank Crescent, Carnforth, Lancashire LA5 9EQ4
£169.9K11/200.21 mi5, Fern Bank, Carnforth, Lancashire LA5 9DS4
£190K12/220.41 mi31, New Street, Carnforth, Lancashire LA5 9BX4
£204K12/210.53 mi2, Kellet Road, Carnforth, Lancashire LA5 9LN4
£200K09/210.54 mi10, Scotland Road, Carnforth, Lancashire LA5 9JY4
£320K03/230.61 mi93, Kellet Road, Carnforth, Lancashire LA5 9LR4
£116K02/210.63 mi19, Highfield Road, Carnforth, Lancashire LA5 9BE4
£142.8K01/210.63 mi31, Highfield Road, Carnforth, Lancashire LA5 9BE4
£208K07/210.88 mi8, Whin Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8DA4
£240K02/210.94 mi14, Eden Mount Way, Carnforth, Lancashire LA5 9XN4
£262K01/210.99 mi13, The Rise, Bolton Le Sands, Carnforth, Lancashire LA5 8BX4
£370K03/210.99 mi25, Whernside Grove, Carnforth, Lancashire LA5 9XH4

Local Rents

30 rents from £575/mo to £1.8K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£79505/240.12 miHoward Mews, Carnforth, LA5 9UH2
£95012/240.28 mi-3
£95003/250.32 mi-3
£65003/250.37 mi-1
£60012/240.37 mi-1
£75004/240.4 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£87504/240.43 miEdward Street, Carnforth3
£1,25004/240.43 miLancaster Road, Carnforth, LA54
£67508/240.59 mi-2
£79504/240.6 miNorth Road, Carnforth, LA52
£65004/240.66 mi-2
£59504/240.83 mi-2
£70004/240.84 miAlbert Street, Millhead, Carnforth2
£61505/240.84 mi22 Albert Street, Millhead, Carnforth, Lancashire, LA5 9DR1
£57505/240.87 mi-2
£1,15012/240.92 mi-3
£65005/240.92 mi-2
£1,05004/240.94 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£67512/240.99 mi-1
£89505/241.13 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.13 miMill Lane, Bolton Le Sands, Carnforth3
£92504/241.35 mi-2
£97505/241.4 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/241.46 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£59502/241.5 mi-2
£99504/241.52 miFern Lea, Bolton Le Sands, Carnforth2
£1,25002/251.6 mi-2
£1,50004/241.65 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£1,05005/242.09 miSwallow Close, Bolton Le Sands, Carnforth2
£65012/242.16 mi-2

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

1.08 miles away

Nearest school

0.40 miles away

Nearest train station

0.49 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £290,000

December 26, 2024

Listed for £300,000

August 28, 2024

Floor Plans

Description

Presenting this exquisite 4 bedroom detached family home, perfectly situated in the desirable area of Crag Bank, Carnforth with views overlooking Warton Cragg. This charming property combines modern living with the comforts of a family home, making it an ideal choice for families and those seeking extra space. The property also benefits from a well presented annexe which is currently utilised as a successful Airbnb.

This accommodation is light and spacious throughout with freshly upgraded features such as fully double glazed windows, gas central heated combi boiler, electric underfloor heating throughout the ground floor, Solid wood internal doors and stunning porcelain tiled flooring.

Ground Floor
Upon entering you are greeted by a welcoming hallway, ground floor W/C, beautiful kitchen featuring modern appliances and filled with natural light, generous lounge diner with feature fireplace, leading into the beautifully appointed conservatory overlooking the West facing garden.

One of the standout features of this property is the self-contained annexe, which offers additional living space perfect for guests, elderly relatives or as a rental opportunity. Accessed via its own private door from the garden it features a stylish double bedroom with three piece ensuite shower room.

The First Floor
Boasting two generously sized double bedrooms and a third single bedroom each designed with comfort in mind. The modern three piece family bathroom suite comprises of bath/shower, freestanding wash basin and toilet.

Externally
To the front of the property you are welcomed by a well-kept lawn surrounded by vibrant bedding plants situated next to the block paved drive providing off street parking for at least two vehicles. To the rear you have a low maintenance, flagged patio garden with ample space for potted plants and seating area to enjoy those warmer summer evenings. There is also a storage shed equipped with lighting and electrics.

Located in the peaceful community of Crag Bank, you'll enjoy easy access to local amenities, schools and transport links with regular bus and train services to the surrounding area; including Lancaster, Kendal, Windermere and Morecambe, making it a perfect setting for family life and/or commuters.

Don't miss the chance to make this beautiful house your home. Contact us today to arrange a viewing!

Freehold
Council Tax Band - C

Agent Details

Entwistle Green, Morecambe

01524 967563

Next Steps?

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