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See how verdicts work3-bedroom flat · LA23 2JT
Sold STCListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 2, 50 Craig Walk is a excellently located maisonette apartment located on the first and second floors of a traditional Victorian property on Craig Walk just outside the centre of Bowness-on-Windermere.
The apartment is a spacious three bedroom maisonette comprising of a sitting room, dining kitchen, Burlington bathroom and has recently been renovated throughout.
The top floor hosts two well proportioned double bedrooms and a third single bedroom.
The property is complimented with modern fittings throughout and is currently a successful holiday let and available for purchase as a going concern with forward bookings and contents available by separate negotiation.
The property is situated on Craig Walk, located on the edge of the popular tourist honey pot of Bowness-on-Windermere, boasting an elevated position to offer surrounding views.
The quiet yet convenient position is just 15 minutes’ walk to Lake Windermere and just a few minute’s walk to the centre of the village which offers a wide range of shops, cafes, restaurants and local amenities and within easy reach are Windermere Marina, Royal Windermere Yacht Club and Windermere Golf Club together with a choice of good public and private schooling at all levels.
The location really does offer the best of both worlds and there is direct access to the Lake Districts many fantastic walkways right from your doorstep.
Accommodation Lakeland stone steps leads to the communal entrance. Communal Entrance Hall Open porch leading into shared hallway with a private staircase to the first floor.
Sitting Room Good size reception room positioned to the front of the apartment with two large UPVC double glazed window with views out to the street.
Kitchen/Dining Area The kitchen comprises of a good range of modern wall and base units with electric oven and hob with extractor fan over. work surfaces incorporating stainless steel sink.
Additionally, there is plumbing for washing machine and dishwasher, space for a free standing fridge/freezer. There is an original sash window to the rear aspect.
The dining area has plenty of space for a dining table.
There is a large UPVC double glazed bay window with extensive views towards Lake Windermere and the Langdale Pikes, ceiling and wall lighting and oak flooring throughout.
Bathroom A modern bathroom suite with panelled bath with shower over, wash basin and WC. All walls are tiled floor to ceiling. A large sash window. Second Floor Landing Access to eaves storage space.
Bedroom One Comfortable size double bedroom with space for wardrobes, UPVC double glazed dormer window. Bedroom Two Good size twin room with large dormer UPVC double glazed window.
Bedroom Three A single bedroom with skylight and access to eaves storage space. Outside On street public parking available immediately outside the property.
Directions From our Windermere office head along Lake Road and then New Road towards Bowness-on-Windermere.
Take a left hand turn just before the police station, follow the road up the hill, once you start to drop down, 50 Craig Walk can be found on the right hand side.
Services All mains services connected. Gas central heating. Tenure Leasehold.
Subject to the remainder of a 999 year lease dated the 16th January 2020 subject to an annual ground rent of £1 per annum plus a 50% share in the cost of maintaining the structure and buildings insurance, shared with the freeholder in Flat 1.
Internet Speed Superfast speed of 62 Mbps download and for uploading 14 Mbps as per Ofcom website.
Council Tax Band C Anti Money Laundering Regulations (AML) Due to the Money Laundering Regulations, now officially known as Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 we are required to follow government legislation and carry out identification checks on all purchasers.
We use a specialist third party company to conduct these checks at a charge of £48 inclusive of VAT per buyer once an offer has been accepted and you will be unable to proceed with the purchase of the property until these checks have been carried out.
This charge is non-refundable.
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.
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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.
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FAQ
About Glen Brook, Flat 2, 50 Craig Walk, Bowness-on-Windermere, LA23 2JT
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