2 Bed Flat, Single Let, Carnforth, LA6 3GH, £178,000

2 Old Laundry Mews, Laundry Lane, Ingleton, North Yorkshire, LA6 3GH - 3 months ago

Leasehold
BTL
ROI: 1%
~70 m²
+7 photos

ValuationUndervalued

Sold Prices£40K - £125K
Sold Prices/m²£541/m² - £3.9K/m²

 

 

Square Metres

~70.13 m²
Price/m²£2.5K/m²

Value Estimate

£187,808
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,500

Stamp Duty & Legal Fees

£10,100

Total Cash In

£54,600

 

 

Cash Out

 

Rent Range

£750 - £1,650

Rent Estimate

£750

Running Costs/mo

£726

Cashflow/mo

£24

Cashflow/yr

£285

ROI

1%

Gross Yield

5%

Local Sold Prices

6 sold prices from £40K to £125K, average is £97.5K. £541/m² to £3.9K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£75.5K12/202.48 mi9, Banks Way, Bentham, Lancaster, North Yorkshire LA2 7JH2
£110K07/222.52 mi9, Banks Way, Bentham, Lancaster, North Yorkshire LA2 7JH2
£125K04/242.6 mi2, Mill Gardens, Bentham, Lancaster, North Yorkshire LA2 7NF2
£120.5K08/222.6 mi4, Mill Gardens, Bentham, Lancaster, North Yorkshire LA2 7NF2
£40K10/232.67 mi28a, Station Road, Bentham, Lancaster, North Yorkshire LA2 7LF2
£85K12/202.67 mi58b, Main Street, Bentham, Lancaster, North Yorkshire LA2 7HY2

Local Rents

6 rents from £750/mo to £1.6K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85012/240.25 mi-2
£95011/240.25 mi-2
£1,00002/240.3 mi-4
£75012/240.43 mi-1
£75011/240.43 mi-1
£1,65012/242.04 miTatterthorn Road, Bentham, Lancaster5

Local Area Statistics

Population in LA6

12,877

Population in Carnforth

29,230

Town centre distance

12.55 miles away

Nearest school

0.10 miles away

Nearest train station

2.77 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £178,000

December 28, 2024

Floor Plans

Description

  • Two bedroom ground floor apartment +
  • Open plan living dining kitchen +
  • Modern kitchen with built in appliances +
  • Modern Bathroom +
  • Designated parking space plus visitor parking +
  • Internal viewing highly recommended +

Two bedroom ground floor apartment in the Dales village of Ingleton. Well equipped kitchen with integrated appliances. Designated parking space to rear plus visitor parking. Internal viewing highly advised.

Entering through the main external door is the open plan living dining kitchen. A welcoming room with windows to front and electric under floor heating underfoot. The kitchen area has a good selection of wall and base units, silestone worktop and a Franke sink with mixer tap. Neff appliances include an electric hob, combination microwave, slide and hide single oven, integrated under counter fridge, slimline dishwasher and washer/dryer. Space is available to house a freestanding freezer. There is ample space for a dining table and chairs and also a sofa. Off the living area is the hallway which provides access to the two bedrooms, bathroom, handy store cupboard and external access to rear via a communal entranceway. The main bedroom is a good size double with window to front whilst the rear bedroom is a large single that is currently used as an office. The bathroom comprises a bath with shower over, wash hand basin, wc, heated towel rail and an extractor fan. To the rear of the apartment building there is a designated parking space along with visitor parking. To the front there is a small foregarden with path leading to front door.

The village offers a good range of restaurants, bars and shops for your essential services. Together with a good primary school and is in the catchment area for Settle College & QES at Kirkby Lonsdale. Three churches and Ingleton Community Centre provide an active hub with some great sports facilities attached. Local amenities are all within easy access, including the open air swimming pool. Groceries available from both the local CO OP and the Asda Express with Garage forecourt on the A65. Ingleton is within easy reach of Kendal, Lancaster and the West Yorkshire conurbation.

Services
Mains electricity, water, drainage are installed. Domestic heating is from electric radiators. Under floor electric heating is installed in the living dining kitchen.

Parking
Designated parking for one vehicle plus visitor parking.

Internet & Mobile Coverage Information obtained from the Ofcom website indicates that an internet connection is available from at least one provider. Outdoor mobile coverage (excluding 5G) is also available from at least one of the UKs four leading providers. Results are predictions and not a guarantee. Actual services may be different depending on particular circumstances and the precise location of the user and may be affected by network outages.

Tenure
Leasehold. 999 year lease starting 2012. Annual service charge is £1,394.45.

Council Tax
Band B

On entering Ingleton village from the direction of Settle at the petrol station turn right onto Laundry Lane. The property is located on the right hand side and can be identified by our for sale board.

Agent Details

Dacre Son & Hartley, Settle

01729 811298

Next Steps?

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