1-bedroom flat · LA23 2PR
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description: A 1 bedroomed first floor apartment, situated in a purpose built retirement development for the over 50's situated close to Windermere centre.
Manageable accommodation being centrally positioned and convenient for the amenities of Windermere with communal landscaped gardens and parking.
Location: Ideally located on the outskirts of Windermere village, within level walking distance to the amenities.
To find Alexandra Court from Ellerthwaite Square out of Windermere towards Bowness, turn left into Ellerthwaite Road and right by the fire station and Alexandra Court is the first turning on the left hand side.
Property Overview: 15 Alexandra Court is a modern purpose built first floor retirement apartment constructed in 1989 by Messrs. McCarthy & Stone, designed for purchasers aged 50 years and over.
The development incorporates many thoughtful design features including security door entry system recently updated to include vision of building access area through resident's own TV (Although our vendor does not use this), lift service, emergency communication system and house manager.
Other facilities include attractive communal residents lounge, laundry room and a guest suite for over night visitors. The entrance to number 15 is on the first floor.
As you enter the entrance hall, there is a shelved cupboard with fuse board and meters as well as water tank.
Then to the left is the lounge including an emergency cord system and the kitchen consisting of wall and base units, inset stainless steel sink unit, Atag cooker hood over and space for cooker, part tiled walls and space for an upright fridge freezer, plus separate extractor fan linked to the lighting system.
Moving back into the entrance hall you have the bedroom with another emergency cord and the bathroom including a 3 piece suite of WC, bath with shower over and wash basin with vanity unit.
Accommodation: (with approximate measurements) Private Entrance Hall Lounge 16' 10" x 10' 6" (5.13m x 3.2m) Kitchen 7' 4" x 5' 5" (2.24m x 1.65m) Bedroom 12' 1" x 8' 9" (3.68m x 2.67m) Bathroom Property Information: Services: Mains water, drainage and electricity.
Economy 7 electric storage heating.
Tenure: The property is held on a long leasehold for a term of 125 years which commenced in 1989, subject to an ground rent of approximately £215.94 paid twice per year.
There is also an annual maintenance/service charge to cover the house manager/warden, upkeep of the common parts (including heating and lighting of the residents lounge), gardening, lift maintenance, window cleaning, building insurance and water rates etc.
The charge for 2025/26 is approximately £2014.86 paid half yearly in advance. Council Tax: Westmorland and Furness Council - Band B.
Viewings: Strictly by appointment with Hackney & Leigh Windermere Sales Office.
Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
What3Words: ///readjust.mouse.importers Notes: *Checked on 8th April 2024 - not verified.
Anti-Money Laundering Regulations 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
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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 advisors 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 15 Alexandra Court, Ellerthwaite Road, Windermere, Cumbria, LA23 2PR
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