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See how verdicts work2-bedroom flat · LA12 8RF
Sold STCReduced £10k (−3.7%) on 13 SepListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a pleasant position within the popular Ironworks development at Backbarrow, this well presented ground floor apartment offers modern accommodation, outdoor seating space and a delightful riverside setting.
The property enjoys convenient access to the A590, providing excellent links to Ulverston, Newby Bridge, Windermere, Kendal and the wider Lake District National Park.
The accommodation centres around a bright and spacious open plan kitchen, dining and living area, creating an inviting space for both everyday living and entertaining.
The kitchen is fitted with integrated appliances, while plantation shutters throughout the property enhance both privacy and style.
The apartment offers two generous double bedrooms, including a principal bedroom benefitting from ensuite shower facilities.
Both bedrooms enjoy direct access to the outdoors, creating a pleasant connection between the indoor and outdoor space.
A separate bathroom serves the remaining accommodation, with the overall layout providing comfortable and practical living space throughout.
Externally, the property enjoys seating areas to both the front and rear, providing pleasant spaces to relax and enjoy the surroundings.
The attractive position close to the River Leven further enhances the appeal of this modern home.
Combining well presented accommodation, outdoor space and a desirable location, this is an excellent opportunity to acquire a ready-to-move-into apartment within an attractive South Lakes setting.
EPC Rating: E Location WHAT3WORDS://prop.lifelong.shielding Entry (3.50m x 1.13m) Kitchen / Living Area (6.56m x 3.54m) Bedroom (3.42m x 3.10m) En Suite (2.08m x 1.59m) Bedroom (2.96m x 2.84m) Bathroom (2.01m x 1.50m) Services Mains electric, mains water, mains drainage no gas Identification Checks Should a purchaser(s) have an offer accepted on a property marketed by thw Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £43.20 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
Communal Garden Lawns maintained by the Property Management Company as part of the service charge Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 30 Ironworks Ironworks Road, Ulverston
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