3 Bed Detached House, Refurb/BRRR, Carnforth, LA6 2PP, £120,000

Smithy Cottage, Lupton, Carnforth LA6 2PP - a month ago

Auction
Refurb/BRRR
~93 m²
+9 photos

ValuationFair Value

Sold Prices£131.5K - £380K
Sold Prices/m²£1.8K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£120,000

 

 

End Value (After Refurb)

£239,369

Uplift in Value

+99%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£37,565

Bridging Loan Interest

£3,150

Total Cash In

£79,665

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£239,369

Agent Fees (1%)

£2,394

Bridging Loan

£90,000

Bridging Loan Interest

£3,150

Flip Profit

£67,310

Local Sold Prices

29 sold prices from £131.5K to £380K, average is £243K. £1.8K/m² to £4.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£310K06/212.36 mi12, Town Head Fold, Holme, Carnforth, Cumbria LA6 1SE3
£250K06/232.37 mi5, Meadowcroft, Holme, Carnforth, Westmorland And Furness LA6 1QQ3
£190K05/212.39 mi1, Oddfellows Row, Holme, Carnforth, Cumbria LA6 1QH3
£300K08/212.46 mi26, Hill Side, Holme, Carnforth, Cumbria LA6 1QD3
£310K02/212.46 mi12, Hill Side, Holme, Carnforth, Cumbria LA6 1QD3
£232.5K03/212.55 miWest Winds, North Road, Holme, Carnforth, Cumbria LA6 1QA3
£380K11/202.55 miHawthorn, Burton Road, Holme, Carnforth, Cumbria LA6 1QS3
£160K09/212.56 miTrinity Cottage, North Road, Holme, Carnforth, Cumbria LA6 1QA3
£178K08/212.58 mi2, Holme Field, Holme, Carnforth, Cumbria LA6 1RY3
£271K07/232.58 mi1, Twinter Bank, Holme, Carnforth, Westmorland And Furness LA6 1TB3
£270K09/222.59 mi60, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1PP3
£350K10/222.62 mi54, Trinity Drive, Holme, Carnforth, Cumbria LA6 1QL3
£247K05/212.63 mi40, Trinity Drive, Holme, Carnforth, Cumbria LA6 1QL3
£243K11/202.63 mi7, Trinity Drive, Holme, Carnforth, Cumbria LA6 1QL3
£192.5K10/202.63 mi4, Trinity Drive, Holme, Carnforth, Cumbria LA6 1QL3
£220K05/212.69 miBroadstone House, Milnthorpe Road, Holme, Carnforth, Cumbria LA6 1PS3
£255K06/212.69 mi11, Milnthorpe Road, Holme, Carnforth, Cumbria LA6 1PS3
£191K02/212.69 mi10, Milnthorpe Road, Holme, Carnforth, Cumbria LA6 1PS3
£225K12/202.74 mi5, The Crescent, Holme, Carnforth, Cumbria LA6 1PU3
£282.5K10/222.75 mi16, Oxlands, Holme, Carnforth, Cumbria LA6 1RG3
£225K06/222.85 mi12, Low Cottages, Endmoor, Kendal, Cumbria LA8 0HB3
£167.5K12/222.87 mi16, Holme Mills Cottages, Holme, Carnforth, Cumbria LA6 1RB3
£212.5K08/232.87 mi18, Holme Mills Cottages, Holme, Carnforth, Westmorland And Furness LA6 1RB3
£131.5K10/202.87 mi16, Holme Mills Cottages, Holme, Carnforth, Cumbria LA6 1RB3
£230K09/222.87 mi11, Holme Mills Cottages, Holme, Carnforth, Cumbria LA6 1RB3
£210K10/212.87 mi1, Weston Houses, Endmoor, Kendal, Cumbria LA8 0HA3
£307.5K06/232.96 miAshley, Vicarage Lane, Burton, Carnforth, Westmorland And Furness LA6 1NW3
£329K10/212.96 miSeatoller, Vicarage Lane, Burton, Carnforth, Cumbria LA6 1NW3
£248K03/232.99 mi15, Raygarth, Kirkby Lonsdale, Carnforth, Westmorland And Furness LA6 2DS3

Local Rents

5 rents from £730/mo to £1.2K/mo, average is £930/mo.

RentDateDistanceAddressBeds 
£1,02002/241.34 mi-2
£93012/241.34 mi-2
£73003/251.35 mi-1
£93004/241.35 mi-2
£1,20008/242.32 miPreston Patrick, Milnthorpe, LA7 7PD3

Local Area Statistics

Population in LA6

12,877

Population in Carnforth

29,230

Town centre distance

7.06 miles away

Nearest school

2.50 miles away

Nearest train station

6.16 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £120,000

March 3, 2025

Floor Plans

Description

  • Three bedroom property +
  • Modernisation required +
  • 3.5 miles from Kirkby Lonsdale +
  • 9 miles to Kendal +
  • A short distance to amenities, including Church & Public House +
  • Wall garden to the front +

GUIDE PRICE £120,00+
FOR SALE BY AUCTION ON THURSDAY 3RD APRIL, AT THE HALSTON CARLISLE 12 NOON
Full details and bidding information at auctionhousecumbria.co.uk Three bedroom property requiring modernisation A detached property located in a rural setting just 3.5 miles from Kirkby Lonsdale, 9 miles to the market town of Kendal and only a few minutes from the M6 Motorway. A short distance to a number of amenities including Church, Public House and Schools.
The accommodation requires modernisation and currently comprises porch, two reception rooms, kitchen, bathroom and utility room. Three bedrooms to the first floor. Walled garden to the front. Porch
Living Room 15'10 x 15'
Dining Room 13'5 x 12'2 with stairs up
Kitchen 8'3 x 6'7
Bathroom 6'6 x 3'11
Utility Room 13'6 x 8'9
First Floor Bedroom 15'5 x 7'6
Bedroom 12'4 x 7'6
Bedroom 12'3 x 10'3
Outside Walled garden to the front
Viewing To arrange a viewing please contact Thomson Hayton Winkley Estate Agents on Tenure: See Legal Pack EPC Rating: G Administration Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House Cumbria, Carlisle

01228 937772

Next Steps?

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