1-bedroom flat · LA22 0HZ
For saleListed 226 days
Opportunity summary
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About
Latterbarrow is one of a select number of luxury lakeside apartments located at Pullwood Bay. Set within the grounds of this beautiful private estate which extends to approximately 51 acres.
There are breathtaking panoramic fell and country views from the communal grounds, in addition there is extensive lakeshore access including the use of the private jetty.
The apartment is a highly desirable 5* holiday letting property, being sold as a going concern with the majority of contents and all forward bookings.
Currently generating an annual gross income of Circa £20,000 pa with potential to increase.
The apartment has a superb Poggenpohl fitted kitchen with Corian worktops, with quality fixtures and fittings. The property benefits from a stunning four piece bathroom.
The apartment benefits from underfloor heating throughout.
Great care has been taken to maintain the style and exclusivity of the estate and the mansion house has undergone a comprehensive refurbishment and enlargement in recent years in keeping with the original house which was built in 1891 for Sir William Crossley inspired by the Elizabethan style of Bramhall Hall in Cheshire.
Pullwood Bay is situated on the northwest shores of Lake Windermere in the heart of the Lake District National Park, positioned between the picturesque conservation village of Hawkshead, which has strong literary connections with Beatrix Potter and William Wordsworth, and the bustling market town of Ambleside.
An ideal location for all the Lake District has to offer having good rail links to London and Scotland from Oxenholme and within easy reach of junction 36 of the M6.
There is also the availability for helicopter landings within the grounds of the Pullwood Bay Estate.
The Estate is set within approximately 51 acres of beautiful Lake District countryside and enjoys an extensive private shoreline to the most popular and sought after Lake in the National Park.
Accommodation Communal entrance: Leading to the first floor: Private front door into Hallway Kitchen/Lounge/Diner A wonderful stunning open plan room.
The kitchen area comprises of a quality and contemporary selection of white fronted wall and base units with Corian worktops.
Sink unit with mixer tap, Bosch four ring induction hob and separate extractor fan.
Integrated appliances include double electric oven and grill, Miele fridge/freezer, dishwasher and Bosch washer/dryer. Under stairs cupboard housing drying cabinet.
Separate and useful under stairs storage cupboard housing fuse box. Attractive views across the communal lawn to the surrounding woodland.
First Floor Bedroom Excellent double room with feature vaulted ceiling and a comprehensive selection of quality built in wardrobes and dresser. Woodland views.
Bathroom Stunning four piece suite comprising duo bath with shower attachment, corner shower cubicle, WC and vanity wash hand basin. Heated towel rail and extractor. Fully floor and wall tiled.
Under floor heating. Tenure Leasehold. 999 year lease granted from 2012.Annual Management fees: House-£2800 Grounds -£2310. Rateable Value To be assessed. Services Mains electricity and water.
Private drainage. Oil fired central heating (underfloor heating).
Directions From Junction 36 of the M6, follow the A591 to Ambleside, continue round the head of the Lake signposted Hawkshead and after approximately 2 miles, Pullwood Lodge and the entrance to Pullwood Bay Estates is on the left hand side.
Continue down the private drive (approx. ½ mile) down through the woodland and the gardens up the impressive lakeshore mansion house.
What3words///profited.blackouts.encloses Broadband/Mobile Broadband is provided to Pullwood by Kencomp. There is a dedicated secure router in the apartment.
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
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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.
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About Latterbarrow, Pullwood Bay Ambleside LA220HZ
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