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See how verdicts work2-bedroom terraced house · LA22 9AF
Sold STCListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
4 Millans Terrace is a stunning well proportioned, two bedroom, two bathroom mid terrace traditional Lakeland property. Built using traditional Lakeland stone and spread over three floors.
A wonderful turn key property which has undergone a complete transformation in recent years by the present owner.
All works are to a high standard and include re-configuration, restoration, extension, new heating system, wiring, two bathrooms, kitchen and windows. As well as re decorating etc.
All assisting to create a delightful and welcoming property. The ground floor offers a superb open plan lounge and kitchen diner with open staircase.
Spacious light accommodation with the benefit of full width dormer windows on the top floor.
The whole property benefits from magnificent fell views towards Wansfell Pike and Red Screes to the front and Fairfield Horseshoe to the rear from the upper floors.
Outside the property has an ideal low maintenance patio to the rear to enjoy. The property will suit a variety of buyers whether as a main residence, second home/retreat or holiday let.
Although it has previously been rented as a holiday let, in recent years it’s been enjoyed as a second property.
It has a projection that it could generate an annual income of £00,000 - To be confirmed. Although the property doesn't have private parking, Millans Park has a residents parking scheme.
Conveniently located in Millans Park, in a gently elevated position. Millans Park is a popular residential area with an excellent combination of holiday/weekend retreats and main residences.
Ideally located only a short level walk to the wide variety of amenities the town has to offer including shops, cafés, post office, public houses, churches and primary school.
With an abundance of endless fell and country walks from the doorstep. All contents included except for a few personal items.
Accommodation UPVC front door leading into the porch with slate floor and an exposed Lakeland stone wall.
Internal door leading into; Open Plan Living/Kitchen/Diner A light and airy dual aspect room, extending from front to back.
To the front is a cosy sitting area with a wood burning stove set on a slate hearth with an exposed feature Lakeland stone chimney breast. Alcove cupboard housing the consumer unit and electric meter.
Fantastic views towards the lower slopes of Wansfell Pike. An attractive open oak staircase leads to the first floor.
Kitchen/Diner Fitted with a contemporary range of wall and base units with sink and mixer tap, four ring induction hob with extractor fan, integrated electric oven, fridge freezer and dishwasher.
Complimentary work surfaces and oak shelving. The dining area benefits from twin patio doors leading onto the terrace, along with two Velux windows.
Useful cupboard providing additional storage and housing a washing machine. Vertical heated radiator. First Floor Half landing with useful storage cupboard with shelving.
Front Bedroom Two A generously proportioned twin room with lovely views over Wansfell Pike.
Shower Room An excellent three piece white suite comprising of double shower cubicle, pedestal wash hand basin and WC.
Partially wall tiled, laminate flooring, electric shaver point, extractor fan and heated towel rail. Attractive views towards Todd Crag. Second Floor Loft hatch.
Leading to; Front Bedroom One Superb double bedroom with feature dormer window, giving amazing panoramic views towards Red Screes and Wansfell Pike.
Built in wardrobe, which also houses the Glowworm gas central heating boiler.
House Bathroom Formerly a bedroom, now a generously proportioned room with a three piece suite comprising a panelled bath with shower attachment, WC and pedestal wash hand basin.
Wall mounted mirror with light, electric shaver point and heated towel rail. Laminate wood effect flooring.
Lovely views towards St Mary’s Church, with winter views of Todd Crag and a delightful outlook towards the Fairfield Horseshoe.
Outside The property benefits from a small and easily maintained private west facing rear terrace. Services All Mains services. Gas Central Heating.
HIVE Council Tax Band D Directions What3words///guitars.resources.billiard Tenure Freehold.
Broadband For information on broadband and mobile services at the property, we advise prospective purchasers to consult the Ofcom website: checker.ofcom.org.uk 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 £48 inclusive of 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.
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FAQ
About 4 Millans Terrace, Ambleside, LA22 9AF
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