3 Bed Terraced House, Single Let, Milnthorpe, LA7 7AL, £420,000

Beetham, Milnthorpe, Cumbria, LA7 7AL - 1 views - 7 months ago

BTL

~93 m²

+20 photos

ValuationOvervalued

Sold Prices	£140K - £550K
Sold Prices/m²	£1.6K/m² - £5.5K/m²

Square Metres	~93 m²
Price/m²	£4.5K/m²
Value Estimate	£285,696£285,696

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£105,000£105,000
Stamp Duty & Legal Fees	£22,300£22,300
Total Cash In	£127,300£127,300

Cash Out
Rent Range	£595 - £1,500£595 - £1,500
Rent Estimate	£600
Running Costs/mo	£1,453£1,453
Cashflow/mo	£-852£-852
Cashflow/yr	£-10,230£-10,230
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £140K to £550K, average is £237.5K. £1.6K/m² to £5.5K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£418K	05/23	0.06 mi	2, Parsonage Fold, Beetham, Milnthorpe, Westmorland And Furness LA7 7RJ	£5,225	80	3	Terraced House
£294.5K	07/22	0.33 mi	2, Leighton Beck Road, Slack Head, Milnthorpe, Cumbria LA7 7AX	£3,133	94	3	Terraced House
£425K	10/21	0.65 mi	62, Leighton Beck Road, Slack Head, Milnthorpe, Cumbria LA7 7AZ	-	-	3	Detached House
£226K	10/22	1.03 mi	3, Firs Close, Milnthorpe, Westmorland And Furness LA7 7QG	-	-	3	Terraced House
£218.6K	07/22	1.05 mi	13, Firs Close, Milnthorpe, Cumbria LA7 7QG	-	-	3	Semi-Detached House
£215K	10/20	1.08 mi	2, Dallam View, Milnthorpe, Cumbria LA7 7QX	£2,529	85	3	Semi-Detached House
£169.9K	02/21	1.11 mi	24, Firs Road, Milnthorpe, Cumbria LA7 7QF	£2,073	82	3	Terraced House
£260K	03/21	1.21 mi	57, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW	£3,562	73	3	Semi-Detached House
£220K	09/21	1.21 mi	45, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW	£3,155	70	3	Semi-Detached House
£280K	10/20	1.21 mi	20, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW	£3,256	86	3	Detached House
£247.5K	11/20	1.21 mi	14, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW	£2,690	92	3	Detached House
£373K	03/23	1.21 mi	14, Burntbarrow, Storth, Milnthorpe, Westmorland And Furness LA7 7JW	£4,054	92	3	Detached House
£220K	09/21	1.23 mi	45, Burntbarrow, Storth, Milnthorpe, Cumbria LA7 7JW	£3,155	70	3	Semi-Detached House
£150K	03/21	1.24 mi	1, Printers Mews, Milnthorpe, Cumbria LA7 7QY	£1,923	78	3	Semi-Detached House
£175K	11/20	1.26 mi	16, Shaw Green, Storth, Milnthorpe, Cumbria LA7 7JB	£1,636	107	3	Semi-Detached House
£178.5K	11/21	1.27 mi	3, Flowerden Court, Milnthorpe, Cumbria LA7 7BY	£2,833	63	3	Terraced House
£178.5K	11/21	1.28 mi	3, Flowerden Court, Milnthorpe, Cumbria LA7 7BY	£2,833	63	3	Terraced House
£245K	09/22	1.3 mi	23, Church Street, Milnthorpe, Cumbria LA7 7DX	£3,311	74	3	Terraced House
£242K	11/21	1.3 mi	Harmony Barn, Harmony Hill, Milnthorpe, Cumbria LA7 7QA	-	-	3	Terraced House
£242K	11/21	1.3 mi	Harmony Barn, Harmony Hill, Milnthorpe, Cumbria LA7 7QA	-	-	3	Terraced House
£360K	05/22	1.3 mi	Coromandel, Storth Road, Storth, Milnthorpe, Cumbria LA7 7JQ	£5,455	66	3	Semi-Detached House
£235K	03/22	1.3 mi	43, Church Street, Milnthorpe, Cumbria LA7 7DX	£2,117	111	3	Terraced House
£240K	05/21	1.3 mi	1, Harmony Hill, Milnthorpe, Cumbria LA7 7QA	£2,637	91	3	Semi-Detached House
£340K	03/21	1.32 mi	1, Chapel Close, Storth, Milnthorpe, Cumbria LA7 7BU	£4,595	74	3	Detached House
£410K	11/20	1.32 mi	1, Green Bank Avenue, Storth, Milnthorpe, Cumbria LA7 7JP	£3,616	113	3	Detached House
£340K	09/22	1.33 mi	5, Chapel Close, Storth, Milnthorpe, Cumbria LA7 7BU	£3,505	97	3	Detached House
£452K	12/22	1.33 mi	Hawthorns, Storth Road, Storth, Milnthorpe, Cumbria LA7 7JA	£4,860	93	3	Detached House
£270K	03/21	1.34 mi	10, Tarn Close, Storth, Milnthorpe, Cumbria LA7 7HZ	£2,935	92	3	Detached House
£225K	05/23	1.35 mi	71, Ryleyfield Road, Milnthorpe, Westmorland And Furness LA7 7PT	-	-	3	Semi-Detached House
£150K	01/21	1.35 mi	86, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU	£1,852	81	3	Semi-Detached House
£200K	01/21	1.35 mi	17, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PT	£2,410	83	3	Semi-Detached House
£370K	05/22	1.35 mi	26, Langdale Crest, Storth, Milnthorpe, Cumbria LA7 7JG	£3,246	114	3	Detached House
£235K	07/22	1.35 mi	18, Wyndsore Avenue, Milnthorpe, Cumbria LA7 7DB	£3,343	70	3	Semi-Detached House
£227.5K	04/22	1.36 mi	91, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU	£2,955	77	3	Semi-Detached House
£225K	04/21	1.36 mi	63, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU	£2,909	77	3	Terraced House
£159.5K	06/23	1.37 mi	17, Wyndsore Avenue, Milnthorpe, Westmorland And Furness LA7 7DB	£2,269	70	3	Semi-Detached House
£450K	05/21	1.38 mi	The Old School, Storth Road, Storth, Milnthorpe, Cumbria LA7 7HY	-	-	3	Semi-Detached House
£550K	06/23	1.42 mi	13, Rose Hill Grove, Sandside, Milnthorpe, Westmorland And Furness LA7 7HR	-	-	3	Detached House
£203K	12/22	1.42 mi	33, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA	-	-	3	Terraced House
£222K	01/21	1.42 mi	2, Summerville Road, Milnthorpe, Cumbria LA7 7DF	£3,127	71	3	Terraced House
£220K	11/22	1.42 mi	16, Summerville Road, Milnthorpe, Cumbria LA7 7DF	-	-	3	Semi-Detached House
£245K	01/22	1.43 mi	29, Summerville Road, Milnthorpe, Cumbria LA7 7DF	£2,248	109	3	Semi-Detached House
£360K	08/22	1.44 mi	Springfield, Keasdale Road, Carr Bank, Milnthorpe, Cumbria LA7 7JZ	-	-	3	Detached House
£307.5K	11/22	1.45 mi	2, Nuns Avenue, Milnthorpe, Westmorland And Furness LA7 7JX	£3,510	88	3	Semi-Detached House
£277.5K	12/20	1.45 mi	2, Nuns Avenue, Milnthorpe, Cumbria LA7 7JX	£3,167	88	3	Semi-Detached House
£164K	09/21	1.46 mi	16, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA	-	-	3	Semi-Detached House
£140K	04/21	1.46 mi	40, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA	-	-	3	Terraced House
£164K	09/21	1.46 mi	16, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA	-	-	3	Semi-Detached House
£220K	12/22	1.46 mi	15, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DA	£2,391	92	3	Terraced House
£260K	12/20	1.47 mi	15, Dallam Chase, Milnthorpe, Cumbria LA7 7DW	£2,989	87	3	Detached House

Local Rents

28 rents from £595/mo to £1.5K/mo, average is £850/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	10/23	0.01 mi	Parsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL	4	Detached House
£825	07/24	0.15 mi	Beetham House, Beetham, Milnthorpe, Cumbria, LA7	2	Flat
£825	08/24	0.15 mi	Beetham House, Beetham, Milnthorpe, Cumbria, LA7	2	Flat
£1,300	04/24	0.9 mi	-	3	Detached House
£800	05/24	1.01 mi	Mill Lane, Beetham Road, Milnthorpe, LA7	2	House
£750	02/24	1.12 mi	-	1	Flat
£880	04/24	1.12 mi	-	1	Semi-Detached House
£780	07/24	1.12 mi	-	1	Semi-Detached House
£1,200	10/24	1.12 mi	-	1	Semi-Detached House
£840	11/24	1.12 mi	-	1	Semi-Detached House
£650	01/24	1.17 mi	-	2	Flat
£1,450	10/23	1.18 mi	Parkside House, Milnthorpe, LA7 7AN	4	Semi-Detached House
£750	05/24	1.18 mi	23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE	2	Terraced House
£600	10/23	1.21 mi	6 The Square, Milnthorpe, Cumbria, LA7 7QJ	2	Flat
£595	07/24	1.21 mi	6 The Square, Milnthorpe, LA7 7QJ	2	Flat
£850	07/24	1.23 mi	80 Park Road, Milnthorpe, LA7 7AD	3	Detached House
£975	11/23	1.24 mi	-	3	Semi-Detached House
£695	04/24	1.3 mi	Sandside, Milnthorpe, LA7 7HW	2	Flat
£895	04/24	1.3 mi	Herons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW	2	Flat
£895	08/24	1.3 mi	Herons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW	2	Flat
£750	04/24	1.31 mi	Watersedge, Sanside, Milnthorpe	2	Flat
£850	09/24	1.31 mi	Herons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW	2	Flat
£1,300	07/24	1.37 mi	Storth Road, Storth, Milnthorpe, Cumbria, LA7	3	Bungalow
£1,200	04/24	1.47 mi	Orchard Cottage, Carr Bank road, Carr Bank, Cumbria LA7 7LB	3	Detached House
£1,100	04/24	1.48 mi	Carr Bank Road, Carr Bank, Milnthorpe	3	Flat
£850	09/24	1.5 mi	3 St. Anthonys Close, Milnthorpe	1	Terraced House
£975	03/25	2.07 mi	-	2	Terraced House
£650	07/24	2.46 mi	-	2	Terraced House

Local Area Statistics

Population in LA7	5,1075,107
Town centre distance	1.25 miles away1.25 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	2.22 miles away2.22 miles away

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

Property History

Listed for £420,000

September 16, 2024

Floor Plans

Description

Delightful extended three storey cottage brimming with character and charm. Versatile layout over all floors, gas central heating and double glazing. Well planted enclosed courtyard garden, viewing essential to fully appreciate.

Agent Details

Milne Moser, Milnthorpe

01539 885317

Next Steps?

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

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