We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom flat · LA12 7RL
For saleReduced £65k (−18.1%) on 28 OctListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a charming village setting on the scenic fringe of The Lake District, this versatile property is bursting with character and unique potential.
Possessing an adaptable dual-level layout, it can seamlessly serve as one substantial family home or remain split into two independent, income-generating residences.
Across both floors, the accommodation boasts spacious living areas, a modern open-plan kitchen and lounge, up to four bedrooms, and multiple bathrooms.
Complete with open rear garden perfect for outdoor entertaining, this property offers an exceptional lifestyle or investment opportunity that must be viewed to be fully appreciated.
Whether you are looking for a sprawling, character-filled single-family home or an incredibly smart dual-income investment, this unique property delivers.
Currently configured across two distinct levels - a Ground Floor and a Lower Floor - the layout offers ultimate flexibility.
You can easily keep them as two independent living spaces or seamlessly integrate them into one residence.
Stepping through the main entrance of the Ground Floor, you are greeted by an entrance hall that immediately sets a charming and inviting feel.
To your right sits a bright and spacious lounge, perfect for relaxing by evening light, while the separate kitchen is perfectly positioned to handle everything from breakfast to a family feasts.
This floor boasts three well proportioned bedrooms, including a generous principal bedroom featuring its own private ensuite shower room.
A central hallway connects the spaces and leads to a family bathroom.
Character and quirk continue downstairs on the Lower Floor, which is accessed via its own separate entrance and feels like a private, self-contained haven.
The heart of this level is a stunning, open-plan kitchen and lounge area, which is ideal for modern, social living.
Tucked away for maximum privacy is a uniquely shaped, characterful bedroom sitting right alongside a generous full bathroom, complete with a tub for soaking away the day.
The true magic of this property lies in its adaptability.
You can choose to keep the layout exactly as it is, making it perfectly primed for a multi-generational family looking for independent living spaces under one roof, or for an owner-occupier wanting to let out one floor to supplement their mortgage.
Alternatively, the two levels can be combined into one sprawling, multi-level home where the lower floor could easily transform into an entertainment hub, a principal guest suite, or a teenage retreat.
No matter how you choose to configure the interior, the property opens up to a spacious, open rear garden.
Bursting with potential, this outdoor area is ready for your touch - whether that means sunny weekend BBQs, a play area for the kids, or a tranquil haven for the green-fingered enthusiast.
The Basement Flat - Entrance Hall - 2.290 x 1.147 (7'6" x 3'9") - Bedroom - 4.145 x 3.507 (13'7" x 11'6") - Kitchen-Living-Diner - 4.544 x 4.422 (14'10" x 14'6") - Bathroom - 2.889 x 1.121 (9'5" x 3'8") - Ground Floor Flat - Vestibule - 1.326 x 1.297 (4'4" x 4'3") - Hallway - 4.394 x 1.330 (14'4" x 4'4") - Living Room - 4.264 x 3.608 (13'11" x 11'10") - Bedroom One - 4.554 x 3.491 (14'11" x 11'5") - Wardrobe/Potential En Suite - 2.161 x 1.304 (7'1" x 4'3") - Boiler Room - 3.528 x 2.005 (11'6" x 6'6") - Bedroom Two - 4.533 x 3.021 (14'10" x 9'10") - Bathroom - 2.206 x 1.683 (7'2" x 5'6") - Bedroom Three - 2.804 x 2.519 (9'2" x 8'3") -
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About The Flat & The Basement Flat, Penny Bridge, Ulverston
Explore nearby