2-bedroom flat · LA23 1EE
For saleListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arranged over two floors, this maisonette offers two spacious double bedrooms and is located within the heart of Windermere, with local amenities right on your doorstep.
There is a welcoming, light and airy living room, a contemporary shower room and kitchen completing the living space.
With Windermeres' charming shops, cafes and restaurants, you'll find everything you need just a short stroll away.
For those who love the great outdoors, the breathtaking landscapes of the Lake District are within easy reach. An ideal second home purchase or investment.
Access to the property is gained by a gated external stairwell and beyond the entrance door is a hallway with useful storage cupboard. Wood effect flooring. Stairs lead to the Living Room area.
The kitchen is compact yet functional, providing a range of wall and base units, contour worksurface incorporating a single drainer sink unit and 4 ring gas hob with concealed extractor over and built in oven beneath.
There is a recess for a fridge/freezer/plumbing for washing machine, partial tiling to walls, rear aspect and wood effect flooring.
Adjacent, the contemporary shower room adds a touch of modern luxury with corner shower cubicle with chrome shower, WC and pedestal wash hand basin.
Complementary tiling to walls, underfloor heating, chrome heated ladder rail and wood effect flooring. The two bedrooms are multi functional and could create a further reception room if required.
Both are double rooms, Bedroom One offers a front aspect and double built in cupboard ideal for hanging clothes. The rear bedroom has a rear aspect.
On the upper floor is a wonderfully light living room with a dual aspect and rooftop views. There is a focal point fireplace with inset electric fire set in ornate surround.
Eaves space provides excellent storage and access can be gained to the gas fired combi boiler.
One of the standout features of this maisonette is its potential, with double glazing and gas central heating, ensuring comfort but offering a blank canvas for you to personalise and make your own but has benefitted from replacement carpets and been recently re-painted throughout.
Whether you envision a cosy retreat filled with character or a sleek, modern space, the possibilities are endless.
Accommodation: (with approximate measurements) External stairs to first floor access Entrance Hall Living Room 15' 6" x 12' 9" (4.72m x 3.89m) Kitchen 7' 5" x 7' 3" (2.26m x 2.21m) Bedroom One 12' 10" x 10' 6" (3.91m x 3.2m) Bedroom Two 10' 1" x 7' 7" (3.07m x 2.31m) Shower Room Outside On street parking is available in the local vicinity, however there is a right to park in Derby Square but no allocated space.
Property Information Services: Mains water, mains drainage, mains gas and mains electricity. Tenure: Leasehold - 999 years from September 1983.
Ground rent £5 per annum Management charges - None currently payable. Council Tax: Band B Viewings: Strictly by appointment with Hackney & Leigh Windermere Sales Office.
Energy Performance Certificate: The full Energy Performance Certificate is on our website and also at any of our offices What3words and Directions: ///blurred.alienated.fairly Located just off the main thoroughfare in Windermere village within a courtyard setting.
From Crescent Road turn left into Beech Street then right at the end into Derby Square. The Cottage Flat entrance is located first on the left hand side.
Anti Money Laundering: Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML).
We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl.
vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction).
The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed.
In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).
Disclaimer: All permits to view and particulars are issued on the understanding that negotiations are conducted through the agency of Messrs. Hackney & Leigh Ltd.
Properties for sale by private treaty are offered subject to contract.
No responsibility can be accepted for any loss or expense incurred in viewing or in the event of a property being sold, let, or withdrawn. Please contact us to confirm availability prior to travel.
These particulars have been prepared for the guidance of intending buyers. No guarantee of their accuracy is given, nor do they form part of a contract.
*Broadband speeds estimated and checked by on 11/07/2025.
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 advisors 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.
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FAQ
About The Cottage Flat, 15 Derby Square, Windermere, Cumbria
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