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See how verdicts work2-bedroom flat · LA22 9BW
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and desirable first floor two bedroom apartment with private balcony and lovely views towards Wansfell Pike, making the ideal retirement home.
The property has been improved in recent years with the installation of an excellent new white three piece suite and benefitting from redecoration throughout.
Millans Court was developed by Pilkingtons in the late 1980’s with security and comfort in mind for people to live independently in retirement.
This highly desirable apartment has Economy 7 heating, double glazing and is well insulated providing a comfortable home.
A well run development enjoying the services of a guest suite, resident’s lounge, laundry facilities and resident manager.
An opportunity to acquire a comfortable, secure and easily managed retirement home in the centre of the Lake District National Park.
Millans Court is conveniently situated in Millans Park, a popular residential area with an excellent combination of holiday/weekend retreats and main residences.
Millans Court is designed for those specifically aged 55 and over for main residences only.
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 door step.
Accommodation Private entrance leading into hallway with intercom, emergency call system and useful airing cupboard housing the cylinder with shelving.
Leading through to: Living/Dining Room Dining room offers a semi open plan living room, with sliding balcony doors enjoying an beautiful view towards Wansfell Pike and Red Screes.
TV and telephone points. Night storage heater and useful storage cupboard with shelves.
Kitchen Attractive contemporary selection of wall and base units with stainless steel sink unit, mixer tap and four ring electric hob. Potential to create a space for an oven. Part wall tiled.
Bedroom One Well presented double bedroom with an excellent selection of fitted wardrobes and drawers. Night storage heater. Superb view towards Wansfell Pike.
Bedroom Two Attractive spacious single/hobby room with fitted dresser and electric wall heater with lovely view towards Wansfell Pike.
Shower Room Excellent and recently installed three piece suite comprising of corner shower cubicle, vanity wash hand basin and WC. Fully wall and floor tiled.
With extractor, light/shaver point, illuminated mirror and electric wall heater.
Outside The development benefits from a delightful communal garden and courtyard area for the enjoyment of all residents of Millans Court, together with parking spaces which are un allocated.
Services Mains water, electric and drainage. Tenure Leasehold for an original term of 150 years from 1987.
There is a monthly service charge which covers the upkeep of the development including the insurance of the whole building, day to day repairs, window cleaning, internal decorations of the common parts together with the services of the resident house manager.
The current service charge for apartment 111 is approximately £274.23 per month.
An additional Sinking fund is also levied to cover maintenance and repair, payment of which can be deferred until the property is sold in the future.
This is levied and payable per annum at 0.89% of the current purchase price.
Council Tax Band : C What3words ///flagpole.surviving.crunches 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.
Area
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FAQ
About 111 Millans Court, Ambleside LA22 9BW
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