3 Bed Detached House, Refurb/BRRR, Carnforth, LA6 3JY, £257,000

6 Chapel Lane, Burton In Lonsdale, Carnforth, LA6 3JY - 3 views - 8 months ago

Refurb/BRRR
~93 m²
+31 photos

ValuationOvervalued

Sold Prices£130K - £415K
Sold Prices/m²£915/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£188,603

 

 

End Value (After Refurb)

£262,500

Uplift in Value

+-1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£64,250

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£37,565

Bridging Loan Interest

£6,746

Total Cash In

£120,211

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£262,500

Mortgage (After Refinance)

£196,875

Mortgage LTV

75%

Cash Released

£4,125

Cash Left In

£116,086

Equity

£65,625

Rent Range

£450 - £1,650

Rent Estimate

£919

Running Costs/mo

£1,024

Cashflow/mo

£-105

Cashflow/yr

£-1,261

Gross Yield

4%

Local Sold Prices

25 sold prices from £130K to £415K, average is £240K. £915/m² to £3.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£268.5K02/230.06 mi13, Low Street, Burton In Lonsdale, Carnforth, North Yorkshire LA6 3LF3
£319K11/200.1 miLowood, 4, Greta Heath, Burton In Lonsdale, Carnforth, North Yorkshire LA6 3LH3
£372K01/230.1 mi5, Duke Street, Burton In Lonsdale, Carnforth, North Yorkshire LA6 3LG3
£288.5K12/201.56 mi12, Greenfoot Lane, Lower Bentham, Lancaster, North Yorkshire LA2 7HB3
£260K05/211.56 mi10, Greenfoot Lane, Lower Bentham, Lancaster, North Yorkshire LA2 7HB3
£279.5K12/231.6 miGreenfoot Barn, Greenfoot Lane, Lower Bentham, Lancaster, North Yorkshire LA2 7EQ3
£275K11/221.69 mi1, Post Office Row, Thornton In Lonsdale, Carnforth, North Yorkshire LA6 3NG3
£190K05/211.71 mi3, Collingwood Drive, Lower Bentham, Lancaster, North Yorkshire LA2 7GH3
£240K04/231.72 mi5, Harley Close, Lower Bentham, Lancaster, North Yorkshire LA2 7HD3
£260K12/221.72 mi4, Harley Close, Lower Bentham, Lancaster, North Yorkshire LA2 7HD3
£225K06/211.74 mi9, Main Street, Lower Bentham, Lancaster, North Yorkshire LA2 7BX3
£130K11/231.74 mi7, Main Street, Lower Bentham, Lancaster, North Yorkshire LA2 7BX3
£257.5K04/211.75 mi2, Moons Acre, Bentham, Lancaster, North Yorkshire LA2 7BL3
£207K12/201.76 mi1, The Sidings, Lower Bentham, Lancaster, North Yorkshire LA2 7BH3
£415K05/231.81 mi58, Robin Lane, Bentham, Lancaster, North Yorkshire LA2 7AG3
£287K01/211.81 mi1, Links Drive, Bentham, Lancaster, North Yorkshire LA2 7BJ3
£258.9K08/211.81 mi22, Millers Ford, Lower Bentham, Lancaster, North Yorkshire LA2 7BF3
£240K07/211.81 mi18, Millers Ford, Lower Bentham, Lancaster, North Yorkshire LA2 7BF3
£158K01/211.85 mi62, Goodenber Road, Bentham, Lancaster, North Yorkshire LA2 7JE3
£174K02/231.88 mi38, Banks Way, Bentham, Lancaster, North Yorkshire LA2 7JH3
£210K12/221.91 mi17, Goodenber Road, Bentham, Lancaster, North Yorkshire LA2 7JD3
£165K09/211.92 mi5, Banks Rise, Bentham, Lancaster, North Yorkshire LA2 7JW3
£225K10/231.92 mi13, Banks Rise, Bentham, Lancaster, North Yorkshire LA2 7JW3
£180K02/211.94 mi30, Goodenber Road, Bentham, Lancaster, North Yorkshire LA2 7JD3
£147K03/211.98 mi25, Lakeber Avenue, Bentham, Lancaster, North Yorkshire LA2 7JN3

Local Rents

7 rents from £450/mo to £1.6K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£1,30012/240.04 mi-4
£45003/251.69 mi-2
£62505/242.01 miMill Gardens, Bentham2
£65004/242.02 miMain Street, Bentham, Lancaster3
£51503/242.03 miThe Millers Court,Bentham,LA21
£77504/242.09 mi12b Station Road, Bentham2
£1,65012/242.31 miTatterthorn Road, Bentham, Lancaster5

Local Area Statistics

Population in LA6

12,877

Population in Carnforth

29,230

Town centre distance

9.95 miles away

Nearest school

1.70 miles away

Nearest train station

2.20 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £257,000

January 27, 2025

Listed for £265,000

September 5, 2024

Sold for £30,000

2000

Floor Plans

Description

  • Semi-detached character property +
  • Three bedrooms +
  • Large Sitting Room +
  • Freehold +
  • Council Tax Band C +
  • EPC Rating F +
  • Charming Rear Garden +
  • Desirable Village Location +
  • Renovation Project +

This charming double fronted 3 bed character property, is located in the picturesque village of Burton in Lonsdale providing the ideal blend of rural tranquillity and convenient access to local amenities.

This house boasts a spacious open sitting room with a multifuel stove, kitchen, 3 generous sized bedrooms, bathroom and a large garden with raised established beds, a shed and greenhouse.

This is an ideal restoration project with huge potential to become a superb family home.

Property Descriptions - Three bedroom semi-detached character property with huge potential. The property comprises of a spacious open sitting room. A staircase from the sitting room leads to the first floor, where you'll find three good sized bedrooms, one double and two single rooms and a bathroom.

The property boasts a generously sized rear garden, ideal for outdoor gatherings. With a large lawn, mature planting beds, a greenhouse, and a vegetable patch, it's a perfect space for gardening enthusiasts and family activities.

The property has reached the stage where it would benefit from a full refurbishment, offering a superb opportunity to create a bespoke and charming family home in a peaceful and desirable location.

Property Information - Freehold
Council Tax Band C
EPC Rating F
Mains Electric, Water and Drainage
Solid Fuel Heating

Burton In Lonsdale Location - Burton In Lonsdale has a popular community run grocery store and Post Office and a number of clubs and societies. There is an excellent recreation ground with outdoor gym, playground, sports pavilion and all weather pitch. The village has its own newsletter, public house and a series of events organised each year.

Nearby Bentham and Kirkby Lonsdale have GP surgeries. The village is in the catchment area for excellent secondary education, with a school bus service to QES, Kirkby Lonsdale and Settle College. Bentham and Leck Primary Schools are both around a 10 minute drive. The market town of Kirkby Lonsdale is close by, providing great places to shop and eat.

Trains on the Lancaster/Leeds line can be caught at Bentham. Skipton and Kendal are accessible via the A65 and Lancaster and the M6 can be reached within 30 minutes. The stunning Yorkshire Dales National Park can be easily accessed, providing great opportunities for hikers, cyclists and cavers. The village enjoys great views of Ingleborough and is also well-located for day trips to Morecambe Bay, the Lake District and Forest of Bowland.

Ground Floor -

Sitting Room - Fitted carpet, radiator, two double glazed windows to front aspect, one to rear aspect, exposed brick, staircase providing access to first floor and an understairs cupboard.

Kitchen - Tiled flooring, radiator, range of wall and base units, space for washing machine, cooker point, stainless steel drainer sink, two double glazed windows, door to rear aspect

First Floor -

Landing - Loft access with drop down ladder, boarded. Entrance to 3 bedrooms and bathroom.

Bedroom One - Spacious double bedroom, fitted carpet, radiator, two double glazed windows to side aspect, one to the rear.

Bedroom Two - Double glazed window to front aspect.

Bedroom Three - Double glazed window to front aspect.

Bathroom - Vinyl flooring, radiator, wall mounted electric heater, bath with shower over, toilet, wash basin, double glazed window to rear aspect.

Rear Garden - Good sized garden, with raised established beds, steps up to lawn, shed, greenhouse and vegetable patch behind.

Agent Notes - Fisher Hopper has not tested services, fixtures, fittings, central heating, gas and electrical systems. If in doubt, purchasers should seek professional advice. Items in these photographs may not be included in the sale of the property.

OFFER PROCEDURE
Fisher Hopper, as Agents in the sale of the property, will formally check the identification of prospective purchasers. In addition the purchaser will be required to provide information regarding the source of funding as part of our offer handling procedure.

FINANCIAL ADVICE
Free and no obligation mortgage advice is available on our website. Alternatively, please contact us to arrange a call from our mortgage broker.
Your home is at risk if you do not keep up the repayments on a mortgage or other loan secured on it. Written details available upon request

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INTRODUCERS FEES
Fisher Hopper Ltd receives and introducers fee from Napthens Solicitors of £100.00 + VAT for all successful introductions.

FISHER HOPPER
Fisher Hopper is a trading name for Fisher Hopper Limited, which is registered in England No 08514050. The registered office for the company is: 5 Battalion Court, Colburn Business Park, Catterick Garrison, England, DL9 4QN. Company Director: M. Alexander
The office address for Fisher Hopper is: 43 Main Street, Bentham, Lancaster, North Yorkshire LA2 7HJ.

FLOOR PLANS
Please note, floor plans are not to scale and are for illustration purposes only. Plans are produced using PlanUp.

Agent Details

Fisher Hopper, Bentham

01524 969618

Next Steps?

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