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See how verdicts work1-bedroom flat · LA11 7HH
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Strand Court is a purpose built Retirement Complex with easy access to the town centre and benefits from a part-time House Manager and 'on-call care line'.
The Apartment is neatly presented with the benefit of an inviting Residents' Lounge, Guest Bedroom, Communal Laundry, Car Park to the rear and Communal Gardens. No 5.
is on the sought after Ground Floor, with a front facing position and direct access out into the attractive Communal Gardens.
This Apartment is neatly presented with Lounge, Kitchen, Double Bedroom and Shower Room and benefits from the addition of Rointe heaters.
The Lounge/Dining Room is spacious enough for both Living and Dining furniture and has an Adam style fire place with electric point annd benefits from direct access to the communal grounds.
The Kitchen is furnished with a range of white wall and base units and incorporates the single drainer stainless steel sink unit. Under counter fridge, electric oven and hob.
The double Bedroom has a recessed wardrobe with mirrored folding doors and a pleasant outlook into the grounds towards Morecambe Bay.
The Shower Room is generously proportioned and tiled with white suite comprising WC, wash hand basin and corner shower enclosure.
There is not a specific designated parking space with this property but there are car parking spaces to the rear which can be used.
Location Grange is a small friendly town with a population of just over 4000 residents and is popular with residents and holiday makers alike.
Conveniently located just 20 minutes from the M6 motorway and with amenities such as Medical Centre, Library, Post Office, Railway Station, Shops, Cafes/Tea Rooms etc the town is well served.
The picturesque, mile long level Edwardian Promenade, Ornamental Gardens and Band Stand are close by.
To reach the property from our Hackney and Leigh Office proceed up the hill to the mini roundabout and bear left along The Esplanade.
Strand Court is situated a short distance along on the right hand side. Parking is to the rear of the building. (No designated spaces).
Accommodation (with approximate measurements) Hall Lounge/Dining Room 17' 4" x 10' 6" (5.28m x 3.2m) Kitchen 7' 3" x 5' 5" (2.21m x 1.65m) Bedroom 14' 0" x 8' 8" (4.27m x 2.64m) Shower Room Services: Mains electricity, water and drainage.
Electric heating with Rointe heaters. Communal laundry, guest suite available by prior booking. 'Daytime Manager' and out of hours 'careline' system. Tenure: Leasehold.
Subject to a 125 year lease commencing 1st July 1987. Vacant possession upon completion *Checked on 04.11.23 not verified.
Service Charges: The Ground Rent amounts to £245 per annum and is paid in 2 instalments of £122.50 & the Service Charge is £4370 per annum which is paid in 2 instalments of £2185. Council Tax: Band B.
Westmorland and Furness Council. Viewings: Strictly by appointment with Hackney & Leigh Grange Office.
Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
Anti-Money Laundering Regulations (AML) Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML).
We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl.
vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction).
The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed.
In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).
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 5 Strand Court,The Esplanade, Grange-over-Sands, Cumbria, LA11 7HH
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