1-bedroom flat · LA9 7FE
For saleListed 102 days
Opportunity summary
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About
Lound Place is a well-managed development exclusively for the over-55s, ideally situated on the edge of the town centre and within easy reach of the picturesque banks of the River Kent.
Offered for sale with no onward chain, this well-presented second-floor apartment provides bright, modern and easily accessible accommodation.
The apartment features a spacious open-plan lounge and dining area, which flows seamlessly into the adjoining fitted kitchen.
There is a generous double bedroom and a wheelchair-friendly wet room, designed to provide practical and comfortable living.
Residents of Lound Place enjoy access to an excellent range of communal facilities, including a residents' lounge with adjoining kitchen, laundry room, guest bedroom, assisted bathing room and a lift serving all floors.
Externally, the development is set within attractively maintained communal gardens and also benefits from guest and visitor parking, subject to availability.
Directions For Satnav users enter: LA9 7FE For what3words app users enter: lace.wires.scarf Location Lound Place is a modern retirement development designed for residents aged 55 and over.
Situated on the outskirts of the town centre and close to the banks of the River Kent, the location offers easy pedestrian access to the market town and its wide range of amenities, along with pleasant riverside walks and scenic routes up to Kendal Castle.
The development is conveniently positioned near Kendal Leisure Centre, Asda Superstore, Westmorland General Hospital, and Oxenholme Train Station, providing excellent local and regional connectivity.
Description This well-proportioned apartment, designed for residents aged 55 and over, is accessed via a secure communal entrance, with a lift or stairs to the second floor where a private entrance opens into a welcoming hallway, complete with built-in storage cupboards providing space for coats, shoes and household equipment.
The main reception room offers generous living accommodation, easily accommodating both lounge and dining furniture.
The space flows openly into the adjoining kitchen, which is fitted with a range of storage units complemented by a contrasting three-sided worktop.
The kitchen incorporates a stainless steel sink with mixer tap, four-ring electric hob, integrated electric oven/grill and space for an upright fridge freezer.
The bedroom is a well-proportioned double, offering ample space for freestanding wardrobes, drawers and bedside tables.
The spacious wet room is designed with accessibility in mind and features a wall-mounted shower with fitted seat, WC and wash hand basin, complemented by splashback tiling and an electric heated towel rail.
Residents also benefit from a range of excellent on-site facilities, including a communal lounge with pool table, kitchen, social activities room, laundry facilities, assisted bathing suite and hairdressing service.
A guest bedroom is also available, subject to availability and an additional charge.
Externally, the development is surrounded by well-maintained communal lawn and patio gardens, along with access to residents’ parking, subject to availability.
Tenure Leasehold - 999 years from 31 March 2016. Services Mains 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.
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FAQ
About Lound Street, Kendal, LA9 7FE
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