1-bedroom flat · LA23 3DT
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover the perfect blend of style, convenience and investment potential with this one-bedroom apartment, nestled in the heart of the desirable Bowness on Windermere.
Whether you're seeking a permanent residence or a lucrative investment opportunity, this property promises to deliver on all fronts.
Upon entering, you'll be greeted by an inviting feel, thanks to the neutral décor and and solid oak flooring to the main areas, that flow seamlessly.
Storage also provides a useful coat and shoe cupboard. A generous living room is located off the hallway which has good natural light and space for a dining table.
The updated kitchen is of modern design, featuring sleek base units and worksurface with inset resin single drainer sink unit and has an integrated 4 ring electric hob with extractor canopy over and integrated fridge.
There is complementary tiling and window to rear. The double bedroom is a tranquil, light space, offering ample room for relaxation and offers built in storage with hanging rail for convenience.
The modern bathroom complements the apartment's stylish aesthetic, that add a touch of luxury to your daily routine.
The white suite comprises a WC, vanity wash basin and a panelled bath with shower attachment and tiling to walls and high gloss tiled floor.
A vertical heated rail is fitted, extraction and there is a window. One of the standout features is the all-important garage and parking space, a rare find in such a central location.
This added convenience enhances the apartment's appeal, whether for personal use or as an attractive feature for potential tenants.
Situated within a centrally located development, you'll have easy access to the vibrant amenities of Bowness on Windermere, from charming cafes, restaurants, shops to picturesque walks by the lake.
Don't miss the chance to make this stylish apartment your own or add it to your investment portfolio. Contact us today to arrange a viewing.
Accommodation (with approximate measurements) External covered stairwell Entrance Hall: Living Room: 15' 3" x 8' 9" (4.65m x 2.67m) Kitchen 9' 2" x 4' 4" (2.79m x 1.32m) Bedroom: 11' 3" x 9' 2" (3.43m x 2.79m) Bathroom Garage Power and light.
Property Information: Tenure: Long leasehold for the residue of a 999 year lease. For 2025 the annual service charge is £2,280. There is also a fixed ground rent of £20 per year.
Services: Mains electricity, water and drainage. Wall mounted electric panel heaters and immersion heater.
What3words and directions: From Crescent road, Windermere, continue down the one way street onto Lake road, Windermere, towards Bowness.
At the roundabout, turn right onto Rayrigg Road, and shortly after, turn right onto Quarry Brow, and bear right onto Quarry Rigg and proceed down the hill.
The entrance to number 16a can be found on the left Council Tax: Westmorland and Furness Council- Band B Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
Viewings: Strictly by appointment with Hackney & Leigh Anti Money Laundering: 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). Disclaimer:
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
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FAQ
About 16a Quarry Rigg, Bowness-on-Windermere, LA23 3DT
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