2-bedroom flat · LA14 2HL
Listing removedListed 561 days
Opportunity summary
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About
Modern apartment situated in a prime location, comprising lounge/dining area, modern kitchen, bathroom, two bedrooms and with gas central heating system.
Close to local amenities and within walking distance of BAE. Early viewing recommended.
Lower ground floor apartment situated in this historic building close to the business centre BAE Systems & the offices of James Fisher.
The property offers a perfect investment opportunity or lock up and leave, second home perfect for a contractor in this convenient location.
Light neutral décor, electric heating system and comprises of entrance vestibule, dining area/inner hall, kitchen, open plan lounge, separate WC, two bedrooms and bathroom as well as the advantage of an enclosed yard area.
Offered with early and vacant possession with no upper chain, early viewing is invited to appreciate this spacious property.
Accessed from the lower ground floor with private door into: Entrance hall Door to main living accommodation and under stairs storage area.
Dining area 13' 6" x 6' 0" (4.12m x 1.84m) Radiator, inset lights to ceiling, curved feature wall with glass bricks giving borrowed light to inner hallway.
Lightwood grain laminate flooring, access to lobby area connecting to lounge, kitchen and door to a useful ground floor WC. WC Comprising of WC and wash hand basin.
Lounge 17' 8" x 9' 0" (5.40m x 2.76m) Two uPVC double glazed windows with fitted blinds and PVC door with double glazed inserts opening to rear yard.
Two radiators, laminate flooring, inset lights to ceiling, mechanical ventilation system, door to plant room and open access to kitchen.
Plant room Gas boiler for the heating system, pressurised hot water tank and storage space.
Kitchen 8' 11" x 7' 1" (2.73m x 2.16m) Fitted with the range of base, wall and drawer units with high gloss granite effect work surface incorporating stainless sink unit with mixer tap and white tiled up stands.
Electric hob, low level electric oven, built in fridge freezer, open corner shelving and inset lights to ceiling. Inner hall Steps leading to bedroom and bathroom area.
Borrowed light from the glass bricks to wall. Bedroom one 12' 10" x 9' 2" (3.91m x 2.79m) Double room with lights to ceiling, mechanical extraction, radiator and ample power sockets.
Bathroom 8' 0" x 6' 0" (2.45m x 1.85m) Four-piece suite in white comprising of glazed shower cubicle with thermostatic shower, bath with Whirlpool style system, tiled surround and mixer tap, vanity unit housing the wash basin with mixer tap with storage cupboard under and WC with concealed flush.
Fixed mirror to wall, laminate tile effect flooring, extractor fan and chrome ladder style towel radiator.
Bedroom two/office 9' 7" x 7' 8" (2.92m x 2.34m) Single room with radiator, inset lights to ceiling, power sockets and mechanical extraction.
Connecting lockable door to a rear lobby area for fire escape purposes. Exterior Rear yard area for drying and seating accessed from the lounge.
General information tenure: Leasehold - 999 year lease from January 2008. Please ask the office for further details.
Council tax: B local authority: Westmorland & Furness Council services: Mains drainage, water and electricity are all connected.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About 1, Marina Court, Barrow-in-Furness
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