4-bedroom terraced house · LA23 2JS
For saleListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gillercombe is a charming and deceptively spacious four-bedroom Lakeland cottage, ideally positioned just a short stroll from the heart of Bowness-on-Windermere and all the amenities this thriving tourist village has to offer.
Benefitting from off-road parking and well-proportioned accommodation arranged over four floors, this attractive home is larger than the average cottage of its kind.
Constructed in the traditional Lakeland style with solid stone elevations beneath a pitched slate roof, the property retains great character and charm.
Externally, there is a small front garden, while to the rear a generous patio provides an ideal space for outdoor dining and entertaining.
An outhouse offers additional storage, and a further enclosed garden area is accessed via a gate which also leads to a private parking space. On-street parking is available to the front.
The property would make an excellent permanent residence, idyllic holiday home, or an attractive holiday let investment in this highly sought-after location.
Ground Floor Living Room A welcoming and light-filled reception room featuring a coal-effect fire and an attractive large bay window, creating a cosy yet airy living space.
Dining Room A charming second reception room with built-in cupboards and an open fireplace with slate hearth and surround.
Additional fitted storage and a wine fridge make this an ideal space for entertaining.
Boot Room Accessed from the dining room, the practical boot room provides useful storage and direct access to the rear patio — perfect after countryside walks.
Kitchen Fitted with a range of modern units and integrated appliances including a Zanussi electric oven, Zanussi induction hob with extractor over, built-in fridge and dishwasher.
A door leads to the lower ground floor. Lower Ground Floor Cellar / Utility Area Currently utilised as a utility and storage space, with plumbing for a washing machine and space for a tumble dryer.
An excellent and versatile additional area. First Floor Bedroom One A well-proportioned double bedroom benefiting from en-suite shower room.
Bedroom Two A comfortable bedroom suitable as a guest room, child’s room or study. Family Bathroom A three-piece suite with shower over bath, WC and hand basin.
There is a window and heated towel rail. Second Floor Bedroom Three A spacious double bedroom with en-suite shower room.
Bedroom Four A further bedroom offering flexibility for guests, family or home working. Cloakroom Fitted with WC and wash basin. Outside To the front of the property is a patio seating area.
To the rear, a further patio provides an ideal space for outdoor dining, together with a useful outhouse.
Beyond the rear gate is an additional garden area which also gives access to an allocated parking space — a valuable benefit in this highly sought-after location.
Services All mains with Gas central heating Tenure Freehold Business rates Rateable value (from 1 April 2026) £2,225. Currently on small business rate relief.
Broadband For information on broadband and mobile services at the property, we advise prospective purchasers to consult the Ofcom website: checker.ofcom.org.uk Directions Just at the top of the thriving tourist village of Bowness on Windermere off a quieter side street.
From the lake and Bowness Bay, proceed up over the mini roundabout, up Crag Brow which continues as Lake Road up the village.
Bear right onto Biskey Howe Road, just after the row of shops, bear first left onto Craig Walk and 97 is a short way along on the right.
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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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 Gillercombe, 97 Craig Walk, Windermere, Cumbria LA23 2JS
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