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See how verdicts work1-bedroom flat · LA22 0BU
For saleListed 827 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extended and completely transformed around seven years ago, all done to a high specification. Creating a highly desirable and spacious self contained property which is spread over two floors.
Private external steps provide access leading up to the fantastic private roof terrace, which provides attractive views over the roof tops of the town towards St Mary’s Church and Todd Crag.
The accommodation has a fantastic open plan living/kitchen/diner with separate shower room. The spacious bedroom is on the upper floor with a freestanding feature oval bathtub.
An ideal investment which is a highly successful and well established 4* holiday let. Currently let via Sykes Cottages and has generated an annual income of £39,500 Gross in 2023.
Being sold with all forward bookings and the majority of contents are available for £3000.
Located in the centre of this highly popular Lakeland town of Ambleside on Church Street, enjoying easy level access to all amenities including a wide variety of shops, restaurants, post office etc.
Enjoying nearby Rothay Park playing fields and sporting facilities, primary school and Churches, whilst having endless fell and country walks from the door step.
Accommodation Glazed front door leading into: Hallway Open plan Living/Kitchen/Diner A dual aspect room featuring a contemporary kitchen area with a selection of wall and base units and an attractive work surface.
Appliances include an induction hob, electric oven, 1.5 sink unit with mixer tap, integrated fridge and dishwasher.
The room also boasts attractive patio doors, a feature wood burning stove on a slate hearth and an oak breakfast bar.
Cupboard housing the consumer unit and electric meter with a separate cupboard housing the cylinder, washing machine, pressurised system and boiler.
Additionally, there are feature twin vertical radiators. Shower Room A spacious three piece suite featuring a double shower cubicle with shower wall panels.
The bathroom includes grey oak effect laminated flooring styled flooring, wash hand basin, WC, heated towel rail, small cupboard with shelving under the stairs and an extractor fan.
Staircase with tiled paneling leading to: Bedroom Stunning feature room with vaulted ceiling. King sized bed with triple light and airy aspect.
Eaves storage, free standing bath tub with slate shelf, fitted wardrobed and doors. Attractive grey wood effect laminate styled flooring.
Outside Accessed via a private gated entrance on Church Street, you will ascend some external steps leading up to the terrace.
Superb roof terrace giving delightful west facing views towards Todd Crag and St Mary’s Church.
Directions The property is located on Church Street next to The Old Stamp House and above former Radio House. Assessed via a door to the right hand side of radio House next to Lucys on a plate.
Tenure Freehold. Services Mains water, electric and drainage. Electric central heating. Rateable Value £1,700.00.
Actual amount payable £848.03 This could be reduced to ZERO if the purchaser is entitled to Small Business Rates Relief.
More details can be obtained from the Local Authority Westmorland and Furness District Council . Broadband 1000 mbps download speed (based on Ofcom.com results).
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 £40 + 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.
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
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FAQ
About The Old Wool Loft, Church Street, Ambleside, LA22 0BU
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