Modern Method of Auction
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See how verdicts work5-bedroom bungalow · LA23 3ES
For saleReduced £75k (−15.8%) on 30 AugListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Details Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 500,000 with Pattinson Auctioneers.
Located close to the heart of Bowness, yet tucked away in a well established residential area, this four-bedroom dormer bungalow presents a unique opportunity for those with a vision.
While in need of renovation, the property offers a canvas ripe for transformation into a dream home, all within a location that appeals for convenience.
Upon entering the property via the porch and into the entrance hall, you follow though to the kitchen which holds potential.
With aspect garden views, it has wall and base units, a Franke fitted stainless steel sink, an AEG electric hob, and plumbing for a washing machine.
A Samsung fitted oven adds to the kitchen's functionality, making it a space ready to be tailored for the new owner.
The living/dining room is a generous space with excellent natural light from large windows overlooking the rear garden.
A feature wood-burning stove fitted in the living room, with ample space for sofas and chairs, offers a focal point for personalisation. This space is a blank canvas, waiting to be brought to life.
Down the hallway is a convenient WC and adjacent bath/shower room with a fitted sink.
Opposite you will find bedroom 2, which offers space for a double bed and includes a fitted wardrobe, while Bedroom 4 presents the perfect opportunity for a home office.
Bedroom 2, with its fitted wardrobe and views of Claife, offers a peaceful retreat.
The utility room provides additional plumbing and storage solutions and could be a perfect boot room and an alternative access for those with dogs.
Ascend to the first floor to discover Bedroom 1, spacious and light filled, complete with access to an en-suite featuring a fitted three-piece suite.
A versatile dormer room can serve as an occasional bedroom or a personalised relaxation space, or a nursery with some restricted head room.
Outside, the sizeable mature garden invites outdoor enjoyment, while a detached garage enhances parking options or storage needs.
A replacement veranda would be a superb feature, allowing the new owners a great outdoor retreat and entertainment space.
The rear of the property, accessible via the living room, further enhancing the property's potential.
This bungalow is more than a home; it's a rare opportunity to craft a bespoke living space in a coveted location.
Embrace the chance to create your ideal retreat in this wonderful part of the lake district.
Porch Entrance hall Kitchen 3.58m x 3.26m (11'9" x 10'8") Living room 7.99m x 3.60m (26'3" x 11'10") Bedroom 2 3.76 x 3.63 (12'4" x 11'11") Bedroom 3 3.98m x 3.33m (13'1" x 10'11") Bedroom 4 3.40 x 2.29m (11'2" x 7'6") WC Bath/shower room Utility 3.35m x 3.15m (11' x 10'4") First floor Bedroom 1 4.52m x 3.60m (14'10" x 11'10") En-suite shower room 4.49m x 3.29m (14'9" x 10'10") Occasional bedroom/ nursery Property Information: Council Tax Westmorland and Furness Council band F.
Energy performance certificate The full Energy Performance Certificate is available on our website and also at any of our offices.
Services Mains gas, water, drainage and electricity Tenure Freehold Viewings Strictly by appointment with Hackney & Leigh.
Council Tax Band: F Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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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
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