2 Bed Flat, Single Let, Milnthorpe, LA7 7HN, £159,000

Watersedge, Sandside, LA7 7HN - 2 months ago

Leasehold
BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£83K - £395K
Sold Prices/m²£1.5K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£141,898

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,750

Stamp Duty & Legal Fees

£9,150

Total Cash In

£48,900

 

 

Cash Out

 

Rent Range

£595 - £895

Rent Estimate

£606

Running Costs/mo

£638

Cashflow/mo

£-32

Cashflow/yr

£-385

Gross Yield

5%

Local Sold Prices

26 sold prices from £83K to £395K, average is £175K. £1.5K/m² to £3.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£110K11/211.1 mi3, Firs Flats, Milnthorpe, Cumbria LA7 7QQ2
£110K11/211.11 mi3, Firs Flats, Milnthorpe, Cumbria LA7 7QQ2
£102K06/211.14 mi55, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU2
£102K06/211.14 mi55, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU2
£83K12/201.17 mi17, Kirkhead, Milnthorpe, Cumbria LA7 7PX2
£95K10/211.51 mi109, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DR2
£175K03/221.86 miFlat 10, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£205K03/231.87 miFlat 23, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£185K12/201.87 miFlat 24, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£200K04/221.87 miFlat 11, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£190K05/211.87 miFlat 18, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£200K10/221.87 miFlat 18, Ashleigh Court, Station Road, Arnside, Carnforth, Cumbria LA5 0JH2
£155K12/202.11 mi2, Briery Bank, Arnside, Carnforth, Cumbria LA5 0HW2
£145K12/202.11 mi7, Briery Bank, Arnside, Carnforth, Cumbria LA5 0HW2
£265K03/222.19 miFlat 7, Herons Reach, The Promenade, Arnside, Carnforth, Cumbria LA5 0AD2
£222K12/202.22 miFlat 1, Inglewood Court, Promenade, Arnside, Carnforth, Cumbria LA5 0AD2
£175K03/212.28 mi31, Inglemere Close, Arnside, Carnforth, Cumbria LA5 0AP2
£305K02/212.32 miGreygarth, Uplands, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AS2
£290K11/202.43 miFlat 10, Heathcliffe Court, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AT2
£205K04/222.45 miFlat 7, Heathcliffe Court, Redhills Road, Arnside, Carnforth, Cumbria LA5 0AT2
£395K03/212.73 miApartment 17, The Grange, Knott Lane, Arnside, Carnforth, Cumbria LA5 0BP2
£335.1K04/212.85 miWoodcote, Far Close Drive, Arnside, Carnforth, Cumbria LA5 0BG2
£103K11/212.89 mi52, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1PP2
£107.3K09/222.91 mi51, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1SD2
£125K12/202.95 mi17, Chestnut Close, Holme, Carnforth, Cumbria LA6 1RX2
£125K11/202.96 mi22, Chestnut Close, Holme, Carnforth, Cumbria LA6 1RX2

Local Rents

10 rents from £595/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75004/240 miWatersedge, Sanside, Milnthorpe2
£85009/240.05 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£69504/240.11 miSandside, Milnthorpe, LA7 7HW2
£89504/240.12 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£89508/240.12 miHerons Quay, Sandside, Milnthorpe, Cumbria, LA7 7HW2
£75005/240.84 mi23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE2
£80005/240.95 miMill Lane, Beetham Road, Milnthorpe, LA72
£65001/241.03 mi-2
£60010/231.09 mi6 The Square, Milnthorpe, Cumbria, LA7 7QJ2
£59507/241.09 mi6 The Square, Milnthorpe, LA7 7QJ2

Local Area Statistics

Population in LA7

5,107

Town centre distance

0.96 miles away

Nearest school

0.60 miles away

Nearest train station

1.88 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £159,000

January 31, 2025

Floor Plans

Description

  • Recently modernised throughout +
  • Available with no onward chain +
  • Open plan kitchen/ living room +
  • Two bedrooms, the main bedroom with built in storage +
  • Beautiful elevated views +
  • Modern electric heaters throughout +
  • An allocated parking space +
  • Ready to move straight in +
  • Close to local amenities and transport links +

A well presented, recently modernsied and ready-to-move-into, two-bedroom apartment offering fantastic open views of the estuary and beyond. Offered with no onward chain, it is sure to appeal to a wide range of purchasers, whether you're a first-time buyer, looking to downsize, or want a convenient, low-maintenance property. The bright and spacious open-plan kitchen and living/dining area creates the perfect space for sociable living, ideal for both cooking and entertaining. The two bedrooms offer differing views – the main bedroom looks out to the estuary and beyond, and the other to the nearby woodland at the rear, providing a tranquil and ever-changing outlook. The shower room is fully equipped with the essentials and provides a practical and clean space. To the rear of the property, there is a designated parking space for one vehicle, adding an extra layer of convenience. The apartment combines modern living with an enviable location and would be an excellent choice for anyone seeking a comfortable and stylish home. Sandside is ideally located on the edge of Storth, a picturesque village that boasts a Post Office and integrated community shop and a well regarded primary school. The village has a vibrant community with several local groups and societies ranging from play groups to an amateur dramatics society and offers various other activities within the Village Hall. Sandside is also within close proximity to both Arnside and Milnthorpe with Milnthorpe offering a Booths supermarket, two doctors surgeries, two dentists and a wide range of further amenities. There are good transport links from nearby Arnside with a train station, a bus route and the M6 motorway is just a 15 minute drive away.  Entrance porch 2'7" x 2'11" (0.80m x 0.89m) A bright space welcoming you into the apartment with space to keep coats and shoes out of the way from the main living accommodation. Living Room 12'6" x 14'6" (3.82m x 4.43m) A naturally bright and versatile living space, perfect for relaxing with family and friends. The room easily accommodates a dining table, making it ideal for shared meals and gatherings. Large sliding doors provide access out to the balcony, offering stunning open views to the estuary and beyond. Connected seamlessly to the kitchen, perfect for modern living. Kitchen 6'11" x 7'8" (2.13m x 2.34m) A sleek, modern kitchen featuring white, handleless gloss base and wall units complemented by matching white work surfaces. The layout provides space for a standalone cooker with an integrated hood above, along with designated spaces for a washing machine and a fridge and a freezer. Stylish blue subway-tiled splashbacks add a vibrant touch of character. A rear-facing window offers delightful views of nearby woodland, bringing a sense of tranquillity to the space. Bedroom 1 8'7" x 9'10" (2.63m x 3.00m) A spacious double bedroom framing front-facing views through the floor-to-ceiling window, overlooking the estuary beyond. The room features a large built-in wardrobe with mirrored sliding doors, providing ample storage space. Bedroom 2 5'11" x 10'0" (1.82m x 3.05m) A single bedroom with rear facing views out to woodland nearby. Shower Room 4'9" x 5'8" (1.45m x 1.75m) Featuring a quadrant shower cubicle with an electric shower, WC, and hand basin, this bright shower room is bathed in natural light. It boasts an electric towel rail with fully tiled walls and flooring. Externally There is a parking space for one vehicle behind the property on a gravelled car park. There is a shared laundry facility to utilise for a small charge and for the use of storing tools. Useful information Property built - 1975 approx.

Council tax band - C (Westmorland and Furness Council).

Heating - Electric heaters.

Drainage - Mains.

What3Words location - ///curl.sped.bucket.

Tenure - Leasehold

- 999 year lease from 1st January 2010.

- £763.04 paid twice yearly which covers buildings insurance, water charges, exterior decorating every 5 years, stairs cleaning, window cleaning.

Anti-Money Laundering Regulations

In compliance with Government legislation, all purchasers are required to undergo identification checks under the Anti-Money Laundering (AML) Regulations once an offer on a property has been accepted. These checks are mandatory, and the purchase process cannot proceed until they are successfully completed. Failure to complete these checks will prevent the purchase from progressing.

A specialist third-party company / compliance partner will carry out these checks.

Cost:

- £42.00 (inc. VAT) for one purchaser, or £36.00 (inc. VAT) per person if more than one person is involved in the purchase and provided that all individuals pay in one transaction.

- The charge for purchases under a company name is £120.00 (inc. VAT).

The fee is non-refundable and must be paid before a Memorandum of Sale is issued. The cost includes obtaining relevant data, manual verifications, and monitoring as required.

Agent Details

Waterhouse Estate Agents, Milnthorpe

01524 967559

Next Steps?

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