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See how verdicts work2-bedroom terraced house · LA12 9FA
Listing removedListed 229 days
Opportunity summary
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About
Situated on a modern development on the outskirts of town, this well-presented home enjoys open views beyond the nearby rugby field towards Hoad Hill.
Available at a more affordable price under Section 106 criteria (eligibility required), shared ownership scheme. The property offers stylish and practical accommodation.
The ground floor features a cloakroom, a bright lounge with glazed rear elevation and double doors opening onto an enclosed garden with patio, lawn and raised planters, and a spacious kitchen-diner fitted with sleek gloss cabinets, integrated oven and grill, halogen hob and cooker hood, with space for further appliances.
Upstairs are two bedrooms, including a generous front bedroom with open views, along with a modern bathroom with bath and mixer shower.
Additional storage is provided throughout and the property benefits from parking for two vehicles immediately outside.
The property benefits from being chain free and can also include furniture if required. Local connection to the defined areas within the section 106.
Areas are noted below: Parishes of Coniston, Torver, Satterthwaite, Claife, Hawkshead, Duddon, Kirkby lreleth, Colton, Loma, Blawith & Subberthwaite, Aldingham, Pennington, Urswick Ulverston Egton with Newtands, Mansiggs, Osmotherley.
Location What3Words///legal.diets.valued Description Situated on a recently established residential development on the outskirts of the town, this modern home enjoys an attractive setting with open views beyond the nearby rugby field towards Hoad Hill in the distance.
Offering a fantastic opportunity for eligible buyers to step onto the property ladder at a more affordable price, the property is available under Section 106 conditions, meaning prospective purchasers must meet certain criteria in order to view and purchase.
The accommodation is smartly presented throughout and thoughtfully arranged to maximise both comfort and practicality.
On entering the home, a welcoming hallway leads to the main living areas, with a cleverly positioned two-piece cloakroom neatly tucked beneath the staircase.
The lounge is a bright and comfortable space, featuring a highly glazed rear elevation that allows plenty of natural light to flow into the room, while double doors open directly onto the enclosed rear garden, creating an easy connection between indoor and outdoor living.
The kitchen-diner forms the heart of the home and offers ample space for a dining table at the centre of the room, making it an ideal area for everyday meals or entertaining.
The kitchen itself is fitted with a modern range of wall and base cabinets with a sleek gloss finish to the panelled doors, complemented by coordinated work surfaces and accent lighting beneath the wall cabinets to illuminate the preparation areas.
Integrated appliances include an oven and grill, a halogen-style hob and a cooker hood, while there is plumbing for a washing machine and space for a fridge/freezer.
Additional storage is provided beneath the staircase and within a useful cupboard by the front window which also houses the boiler.
Upstairs, the landing offers further storage space and leads to the bathroom and two well-proportioned bedrooms.
The main bedroom at the front of the property is particularly spacious and benefits from an open outlook across the rugby field towards Hoad Hill, providing a pleasant and far-reaching view.
The second bedroom offers flexible space for guests, a home office or nursery.
The bathroom is fitted with a modern three-piece suite, including a bath with mixer shower over and an additional shower attachment to the mixer taps, along with a hand basin and WC.
Outside, the enclosed rear garden has been designed for ease of maintenance and enjoyment, featuring a patio area, lawn and raised planters, creating a pleasant space to relax or entertain.
Parking for two vehicles is conveniently located immediately outside the property.
Combining modern living, attractive surroundings and affordability through the Section 106 scheme, this property represents an excellent opportunity for qualifying buyers seeking a stylish and well-presented home.
Please note there is a monthly rent payable to South Lakes Housing. Tenure Leasehold Services Mains gas, electricity, water and drainage.
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
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FAQ
About Charters Way, Ulverston
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