4 Bed Detached House, Refurb/BRRR, Carnforth, LA5 8JG, £650,000

Town End, Bolton Le Sands, LA5 8JG - 5 months ago

Sold STC
Refurb/BRRR
~287 m²
+43 photos

ValuationFair Value

Sold Prices£208K - £552.5K
Sold Prices/m²£1.8K/m² - £3.9K/m²

 

 

Square Metres

~287.26 m²
Price/m²£2.3K/m²

Value Estimate

£663,000

 

 

End Value (After Refurb)

£738,099

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£56,200

Refurb Costs

£116,042

Bridging Loan Interest

£17,063

Total Cash In

£353,554

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£738,099

Mortgage (After Refinance)

£553,574

Mortgage LTV

75%

Cash Released

£66,074

Cash Left In

£287,480

Equity

£184,525

Rent Range

£600 - £2,500

Rent Estimate

£931

Running Costs/mo

£2,513

Cashflow/mo

£-1,582

Cashflow/yr

£-18,981

Gross Yield

2%

Local Sold Prices

22 sold prices from £208K to £552.5K, average is £392.5K. £1.8K/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£535K07/230.15 mi11, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8AG4
£220K09/220.32 mi15, Bye Pass Road, Bolton Le Sands, Carnforth, Lancashire LA5 8JA4
£309.9K02/210.42 mi4, Cavendish Court, Bolton Le Sands, Carnforth, Lancashire LA5 8ED4
£339K11/210.46 mi34, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8BG4
£525K06/210.46 mi66, Slyne Road, Bolton Le Sands, Carnforth, Lancashire LA5 8BG4
£430K02/230.48 mi11, Oakwood Grove, Bolton Le Sands, Carnforth, Lancashire LA5 8AU4
£350K06/210.5 mi41, Greenwood Crescent, Bolton Le Sands, Carnforth, Lancashire LA5 8AX4
£455K12/200.52 miSandside, The Shore, Bolton Le Sands, Carnforth, Lancashire LA5 8JS4
£490K06/210.54 mi30, Whitendale Drive, Bolton Le Sands, Carnforth, Lancashire LA5 8LY4
£279.9K11/200.55 mi4, Chestnut Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8HD4
£350K12/200.6 mi128, Coastal Road, Hest Bank, Lancaster, Lancashire LA2 6HG4
£260K11/220.6 mi21, Meadow Drive, Bolton Le Sands, Carnforth, Lancashire LA5 8HA4
£360K11/200.62 mi1, Greenacre Park, Hest Bank, Lancaster, Lancashire LA2 6HF4
£430K08/210.69 mi11, Bryn Grove, Hest Bank, Lancaster, Lancashire LA2 6EX4
£475K03/210.69 mi6, Bryn Grove, Hest Bank, Lancaster, Lancashire LA2 6EX4
£290K12/200.69 mi1, Orchard Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8HP4
£552.5K08/210.73 mi31, Coastal Road, Hest Bank, Lancaster, Lancashire LA2 6HB4
£262K01/210.74 mi13, The Rise, Bolton Le Sands, Carnforth, Lancashire LA5 8BX4
£470K12/220.84 mi1, Hatlex Lane, Hest Bank, Lancaster, Lancashire LA2 6ES4
£208K07/210.85 mi8, Whin Avenue, Bolton Le Sands, Carnforth, Lancashire LA5 8DA4
£425K06/210.86 mi19, Hatlex Drive, Hest Bank, Lancaster, Lancashire LA2 6HA4
£450K10/220.97 mi16, Peacock Lane, Hest Bank, Lancaster, Lancashire LA2 6EN4

Local Rents

50 rents from £600/mo to £2.5K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£99504/240.21 miFern Lea, Bolton Le Sands, Carnforth2
£97505/240.34 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/240.34 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£1,05005/240.38 miSwallow Close, Bolton Le Sands, Carnforth2
£65012/240.44 mi-2
£92504/240.44 mi-2
£89505/240.67 miMill Lane, Bolton Le Sands, Carnforth3
£89505/240.67 miMill Lane, Bolton Le Sands, Carnforth3
£67512/240.77 mi-1
£1,05004/240.79 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£2,50012/240.89 miThe Shore, Hest Bank, Lancaster, LA24
£67501/241.08 mi-1
£95003/251.42 mi-3
£1,50004/241.63 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£79505/241.69 miHoward Mews, Carnforth, LA5 9UH2
£95012/241.95 mi-3
£99003/252.05 mi-4
£99011/232.05 mi-4
£65003/252.05 mi-1
£60012/242.06 mi-1
£75004/242.09 miHigh Road, Halton, LA22
£75004/242.1 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£85012/242.11 miHigh Road, Halton, LA22
£1,25002/252.11 mi-2
£87504/242.12 miEdward Street, Carnforth3
£1,25004/242.12 miLancaster Road, Carnforth, LA54
£65004/242.14 mi-2
£67508/242.24 mi-2
£75007/242.25 miElm Grove, Bare, Morecambe, Lancashire2
£79504/242.25 miNorth Road, Carnforth, LA52
£85003/252.27 mi-2
£89508/242.28 mi-1
£90004/242.33 mi-3
£90004/242.33 miBeaumont Place, Lancaster, LA13
£95006/242.33 mi-3
£95006/242.33 miBeaumont Place, Lancaster, LA13
£72504/242.37 miLansdowne Grove, Morecambe2
£72504/242.37 miLansdowne Grove, Morecambe2
£90005/242.38 miWillow Grove, Morecambe2
£62504/242.39 miLakeland House, Marine Road East, Morecambe1
£75005/242.4 miHowgill Avenue, Lancaster3
£95004/242.4 miPrinces Crescent, Bare, Morecambe4
£2,00002/242.4 mi-4
£63005/242.44 miMarine Road East, Morecambe1
£63006/242.44 miMarine Road East, Morecambe1
£75007/242.46 miTudor Grove, Morecambe2
£72505/242.47 mi6 The Craggs, 457 - 459 Marine Road East, Morecambe2
£1,10005/242.48 miCentral Avenue, Lancaster5
£70007/242.48 mi-2
£85010/242.48 mi-2

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

2.72 miles away

Nearest school

0.40 miles away

Nearest train station

2.21 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £650,000

November 15, 2024

Floor Plans

Description

  • Four generous ensuite double bedrooms +
  • Intergal double garage with spacious driveway +
  • Outdoor swimming pool +
  • Expansive far reaching views towards Morecambe Bay and Grange Peninsula +
  • Orignally built in 1960 and has been extended over the years +
  • Four versatile reception rooms provide ample space to suit your needs +

Brendon Chase is an impressive, detached four-bedroom family residence, gracefully positioned on an expansive 1.2-acre plot within the charming village of Bolton-le-Sands. Originally constructed in the 1960s, this home has been cherished by the same family since new. Over the years, it has been thoughtfully extended in various areas, presenting exceptional potential for modernisation and transformation into a stunning family home.On the ground floor, you are greeted by a spacious hallway that provides direct access to the generously sized kitchen, which offers ample space for dining and cooking. The kitchen features dual-aspect windows, flooding the space with natural light and offering stunning views to the front of the property, facing west towards Morecambe Bay and the Grange Peninsula. Adjacent to the kitchen, there is a separate formal dining room, which wraps around to the front of the house, also overlooking the beautiful gardens and offering glimpses of the bay. A door from the dining room leads outside to the front of the property. Double glass doors open into the expansive living room, an ideal space for both family gatherings and entertaining guests. This inviting room can also be accessed directly from the hallway. At the rear of the property, a downstairs study offers a quiet retreat, while a separate door off the hallway leads into a large double garage. The ground floor further benefits from a convenient downstairs WC and a separate storage room, enhancing the practicality of the home. On the first floor, there are four spacious double bedrooms, each with its own en-suite bathroom. Three of these rooms face west, offering expansive views. Bedroom One is situated at the rear, featuring a gently sloping pine-clad ceiling, built-in wardrobes, and a sleek, modern shower room. Bedroom Two offers a charming corner window facing north and west, complete with a cosy built-in seat that provides breath taking panoramic views. Its en-suite is fitted with contemporary fixtures. The third bedroom boasts westerly views over Morecambe Bay, fitted wardrobes, and an en suite bathroom styled with a vintage jade-coloured suite accented in gold. Bedroom Four also faces west and has direct access to the first-floor roof terrace. Its en- suite is fitted with a pampas-coloured suite, adding a touch of character. Externally the property boasts an impressive driveway that gracefully curves from the front of the house to the rear, leading to a spacious parking area with access to the garage. Behind the garage, there's an external entrance to the boiler room. The expansive gardens cover a generous 1.2 acres, offering ample space for gardening enthusiasts, children's play, or hosting guests. At the garden's edge lies a secluded outdoor pool, basking in sunlight and providing a private retreat that has been cherished by previous owners. The front gardens feature wide, open lawns, while adjacent to the pool are grounds from a former tennis court that could be restored or repurposed to suit new interests. An orchard with apple and plum trees adds a charming touch to this property, enhancing its appeal with a blend of functionality and natural beauty. Bolton le Sands is a large and vibrant village in Lancashire boasting excellent transport links close by with nearby train stations in Morecambe and Carnforth, the M6 Motorway being approximately 5 minutes’ drive away and a main bus service passing through the village regularly. Within Bolton le Sands there are 3 churches, a fish and chip shop, 2 pubs, various restaurants and eateries and a primary school rated ‘GOOD’ by Ofsted. There is an active community and various picturesque walks to enjoy along Lancaster Canal and along the beach.

Agent Details

Waterhouse Estate Agents, Milnthorpe

01524 967559

Next Steps?

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