2 Bed Terraced House, Single Let, Carnforth, LA5 0EL, £370,000

7 Lynslack Terrace, Carnforth, Cumbria, LA5 0EL - 1 views - 7 months ago

BTL
83 m²
+19 photos

ValuationOvervalued

Sold Prices£207K - £575K
Sold Prices/m²£2.2K/m² - £6.1K/m²

 

 

Square Metres

83 m²
Price/m²£4.5K/m²

Value Estimate

£321,625

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£92,500

Stamp Duty & Legal Fees

£18,300

Total Cash In

£110,800

 

 

Cash Out

 

Rent Range

£650 - £1,500

Rent Estimate

£729

Running Costs/mo

£1,322

Cashflow/mo

£-593

Cashflow/yr

£-7,117

Gross Yield

2%

Local Sold Prices

38 sold prices from £207K to £575K, average is £305K. £2.2K/m² to £6.1K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£320K04/230.09 mi1, Mount Pleasant, Arnside, Carnforth, Westmorland And Furness LA5 0EW2
£235K11/220.11 mi4, The Meadows, Arnside, Carnforth, Cumbria LA5 0EY2
£275K01/210.12 mi56, Silverdale Road, Arnside, Carnforth, Cumbria LA5 0EH2
£275K08/230.16 mi51, Plantation Avenue, Arnside, Carnforth, Westmorland And Furness LA5 0HX2
£220K04/210.21 mi42, Swinnate Road, Arnside, Carnforth, Cumbria LA5 0HR2
£320K07/230.21 mi5, Swinnate Road, Arnside, Carnforth, Westmorland And Furness LA5 0HR2
£250K12/200.21 mi15, Swinnate Road, Arnside, Carnforth, Cumbria LA5 0HR2
£230K03/210.21 mi39, Plantation Avenue, Arnside, Carnforth, Cumbria LA5 0HU2
£207K12/200.21 mi22, Plantation Avenue, Arnside, Carnforth, Cumbria LA5 0HU2
£237.5K12/220.21 mi24, Plantation Avenue, Arnside, Carnforth, Cumbria LA5 0HU2
£275K01/230.24 mi9, Briery Bank, Arnside, Carnforth, Cumbria LA5 0HW2
£265K10/200.3 miThe Cottage, 57, Black Dyke Road, Arnside, Carnforth, Cumbria LA5 0HZ2
£250K11/220.45 mi7, Black Dyke Road, Arnside, Carnforth, Cumbria LA5 0HH2
£375K10/220.46 miBrackendale, Orchard Road, Arnside, Carnforth, Cumbria LA5 0DP2
£390K02/230.47 mi9, Black Dyke Road, Arnside, Carnforth, Cumbria LA5 0HH2
£350K10/200.52 miParkfield, 10, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AT2
£228K12/200.53 mi2, Rock Terrace, Arnside, Carnforth, Cumbria LA5 0DE2
£270K03/221.21 miGlen Echo, Keasdale Road, Carr Bank, Milnthorpe, Cumbria LA7 7JZ2
£375K02/231.37 miElm House, Cove Road, Silverdale, Carnforth, Lancashire LA5 0SQ2
£310K05/211.37 mi6, Elmslack Court, Silverdale, Carnforth, Lancashire LA5 0RT2
£320K11/221.43 mi8, Cove Road, Silverdale, Carnforth, Lancashire LA5 0RR2
£300K09/211.57 mi20, Paddock Way, Storth, Milnthorpe, Cumbria LA7 7JJ2
£235K03/211.59 mi7, Chapel Close, Storth, Milnthorpe, Cumbria LA7 7BU2
£260K03/211.64 mi32, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW2
£255K06/221.64 mi11, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW2
£410K11/221.64 mi41, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW2
£488K11/221.66 miSunny Hurst, Emesgate Lane, Silverdale, Carnforth, Lancashire LA5 0RQ2
£369.9K10/211.72 mi23, St Johns Avenue, Silverdale, Carnforth, Lancashire LA5 0SU2
£315K03/211.78 miSandend, Green Lane, Storth, Milnthorpe, Cumbria LA7 7HU2
£222K12/201.8 miRose Lea, The Pasture, Storth, Milnthorpe, Cumbria LA7 7LQ2
£339K01/231.83 mi12, Levens Way, Silverdale, Carnforth, Lancashire LA5 0TG2
£440K02/231.85 mi3, Hazelwood, Silverdale, Carnforth, Lancashire LA5 0TQ2
£290K12/201.88 mi14, Stankelt Road, Silverdale, Carnforth, Lancashire LA5 0TA2
£350K11/201.89 mi2, Maryland Close, Silverdale, Carnforth, Lancashire LA5 0TL2
£575K08/231.89 mi2, Maryland Close, Silverdale, Carnforth, Lancashire LA5 0TL2
£335K12/201.93 miWillowdene, Shore Road, Silverdale, Carnforth, Lancashire LA5 0TP2
£362K12/201.97 mi15, Dallam Drive, Sandside, Milnthorpe, Cumbria LA7 7LL2
£345K08/211.97 mi28, Dallam Drive, Sandside, Milnthorpe, Cumbria LA7 7LL2

Local Rents

15 rents from £650/mo to £1.5K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,15012/240.44 mi-3
£1,10004/241.12 miCarr Bank Road, Carr Bank, Milnthorpe3
£1,20004/241.13 miOrchard Cottage, Carr Bank road, Carr Bank, Cumbria LA7 7LB3
£1,25005/241.32 miWallings Lane, Silverdale, LA5 0SA2
£78012/241.6 mi-2
£65007/241.61 mi-2
£1,05005/241.77 miGaskell Close, Silverdale, Carnforth, Lancashire3
£1,30007/241.84 miStorth Road, Storth, Milnthorpe, Cumbria, LA73
£75004/241.99 miMeathop Grange, Grange-over-Sands, Cumbria, LA11 6RB2
£89504/242.22 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£89508/242.22 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£69504/242.23 miSandside, Milnthorpe, LA7 7HW2
£85009/242.29 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£75004/242.34 miWatersedge, Sanside, Milnthorpe2
£1,50010/232.46 miParsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL4

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

4.28 miles away

Nearest school

0.50 miles away

Nearest train station

0.53 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £370,000

September 14, 2024

Sold for £211,000

2020

Sold for £179,950

2005

Sold for £115,000

2002

Floor Plans

Description

  • Two bedrooms +
  • Open plan living +
  • Recently extended and refurbished +
  • Parking for three vehicles and a detached garage +
  • Stone built, end terrace property +
  • Located in a quiet, residential location +
  • Offered with no onward chain +

Nestled in the picturesque seaside village of Arnside, this delightful stone-built, end of terrace property offers bright and spacious living in a sought-after location. Featuring two double bedrooms, this property is perfect for couples, small families, or for those looking to downsize without compromising on space. The heart of the home is the bright open-plan living area, beautifully designed for modern living with a brand-new, fully fitted kitchen to add a contemporary touch to the character of this charming property. Additionally there is a wonderful bathroom and a detached garage with ample parking for three cars close by on the driveway. The rear garden is a blank canvas perfect for adding your own stamp while being wonderfully private. Arnside is a highly sought after sea-side village and is a designated Area of Outstanding Natural Beauty. The village has a variety of amenities including: the famous 'Arnside Chip Shop', 2 grocery stores, a doctors surgery, a pharmacy, a primary school, 2 pubs, a new café and wine bar and a variety of independent shops. There are good transport links from the village and it boasts a train station (with access to Lancaster, Manchester, Manchester Airport and the West coast). There is a bus service and the M6 motorway is a 15 minute drive away. The village has a thriving and vibrant community with several local groups and societies including play groups, crown green bowling, tennis courts, a popular sailing club and both a football and cricket club.

Agent Details

Waterhouse Estate Agents, Milnthorpe

01524 967559

Next Steps?

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