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See how verdicts work3-bedroom terraced house · LA23 2EX
Listing removedListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Up and Running fully managed holiday let. An excellent opportunity for someone who is looking to buy an already established running holiday let with good ratings on cottages.com for the past 2 years.
38 Meadow Road is a modern mid terrace property in a short row of five built in the 1960’s occupying an elevated position above Meadow Road with garage and parking opposite.
There are rockery gardens to front and back. The property has UPVC double glazing and PVC front and back doors, modern kitchen, gas central heating and a modern bath room.
Meadow Road offers well-proportioned rooms with the advantage of an open plan sitting room with space for dining making this a sociable and light living area.
Besides the through living area there is an entrance hall and kitchen to the ground floor and three bedrooms and a shower room to the first floor.
Given the elevated setting there are some leafy views to the north over and above the garages opposite and to the open space between Meadow Road and Windermere Park to the east.
The quiet residential area of Meadow Road is tucked away and off the main thoroughfare mid way between Lake District hot spots of Windermere and Bowness on Windermere.
It therefore remains convenient for all local facilities such as schools, doctors, dentists, opticians, hairdressers and vets as well as the multitude of shops, cafes, restaurants and pubs that these two large villages host.
Windermere has the advantage of a railway station with good connections to Oxenholme on the main West Coast line and is a central base for exploring the wider Lake District.
The house would make a lovely family home, second home or holiday let investment.
The property is currently run as a holiday let with Cumbrian Cottages and can be purchased as a going concern if desired. Contents by separate negotiation.
Accommodation An open porch shelters the front door and opens to Staircase with white painted balustrade rises with an understairs cupboard housing the electric meter.
leading to all rooms there are four panel white doors.
Sitting Room A lovely feature is the bow window with deep cill, perfect for display and affording a northerly view over the garages opposite to the trees beyond.
An Adam style fireplace, with an electric fire, has marble slips, wooden mantle and marble hearth. Space for a dining table with a view to the rear terraced garden.
Kitchen Oak effect fronted base and wall units with finish chrome handles, laminate worktops and splash back tiling.
Freestanding electric cooker with stainless steel extractor fan and light over, free standing fridge, integral slimline dishwasher and washing machine and washer sink unit with mixer tap, PVC boarded ceiling with spot lights, tiled floor and a view to the rear terraced garden.
First Floor Landing White four panel doors lead to the three bedrooms and bathroom and there is a loft hatch.
Bedroom One Located to the front of the house with a view over the garages to the trees beyond. TV point. Laminate flooring.
Bedroom Two Located to the rear of the house with a view over the rear garden, with radiator and carpet fitted.
Bedroom Three Single room located to the front of the house with a view over the garages to the trees beyond. Built in cupboard providing extra storage space. Carpet fitted.
Bathroom Three piece suite comprising of a bath with shower over and a glass screen, pedestal wash basin and a WC.
Heated towel rail, cabinet, obscure glass for privacy, shaver point and chrome fittings. For ease of upkeep, fully tiled walls, and cushion flooring.
Outside Shared external steps (12 in total) leads up to the terrace of five houses with the adjoining houses having a pedestrian right of way along the block paved area both along the front and rear elevations.
The front garden is sloping and is planted with shrubs and spring bulbs.
To the rear, metal steps lead up to the terraced garden, planted with an assortment of flowing shrubs ensuring a variety of colour throughout the seasons.
The single garage sits opposite and is mid terrace in a row of ten with a parking space in front. There is an up and over door. Services Mains electric, gas, water and drainage. Gas central heating.
Tenure Freehold. Business Rates Current rateable value £2,850. The property currently benefits from small business rate relief and pays nothing.
Internet Speed Superfast speed of 80 Mbps download and for uploading 20 Mbps as per Ofcom website.
Directions Traveling from Windermere along Lake Road (A5074) in the direction of Bowness on Windermere, turn left immediately before the Police Station onto Craig Walk.
Turn first left onto Meadow Road. Follow the road and No 38 is to be found on the right.
It is the second to last property of a short terrace of five similar houses in an elevated setting approached by a shared external set of 12 steps. The garage and parking are opposite.
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 38 Meadow Road, Windermere, LA23 2EX
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