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See how verdicts work2-bedroom flat · LA23 1JE
For saleReduced £10k (−5.7%) on 24 MayListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful two-bedroom first-floor apartment situated in a peaceful sheltered retirement complex for the over 55s.
This charming residence has been recently renovated and redecorated internally, as well as having a replacement kitchen, new internal doors and a new hot water system installed and electric heating throughout.
Immaculate and modern with lovely views of the Heathwaite Football field, the apartment has use of shared facilities, including the guest room, lift, laundry room, landscaped gardens and parking.
Added security with telephone entry and emergency communication system.
As you step into this well-appointed apartment, the newness of redecoration greets you, with new carpets throughout, new internal doors and walls freshly decorated.
The spacious living area exudes warmth and tranquillity. The large windows not only flood the space with natural light but also offer a picturesque view of the Heathwaite Football Field.
The kitchen is newly fitted and both functional and stylish. Equipped with an electric Lamona hob and extractor over. A Neff oven, space for a fridge/freezer and a Beko washing machine.
Also features a well sized Franke sink, ample base and wall units and laminated wood effect flooring to compliment.
The apartment features two well-proportioned bedrooms, each designed to offer a restful retreat. Bedroom 1 has space for a free-standing wardrobe whilst bedroom 2 offers great outlooks.
The modern shower room comprising WC, wash hand basin vanity unit as well as a generous walk-in shower and heated towel rail.
Situated within a community that values peace and privacy, this property benefits from an age restrictive covenant ensuring it remains a haven for those aged 55 and over.
The main security features include security entry telephone, emergency pull cord alarm system in every room, CCTV outside, fire doors and onsite complex manager.
There is a guest bedroom which the residents can book for a small charge for relations to use when they visit and a communal laundry room too.
Residents of Elleray Gardens benefit from shared residents parking ensuring convenience and peace of mind.
Situated in a prime location, this apartment offers walking distance to local amenities, shops, and transport links, making daily errands and outings a breeze.
Experience the perfect blend of comfort and community, at this charming over-55s apartment. Your new home awaits!
Communal Entrance Accommodation: (with approximate measurements): Hallway Living Room: 11' 7" x 11' 1" (3.55m x 3.38m) Kitchen: 5' 11" x 7' 8" (1.82m x 2.36m) Bedroom 1: 11' 5" x 9' 9" (3.50m x 2.99m) Bedroom 2: 11' 1" x 7' 8" (3.38m x 2.34m) Shower Room Property Information: Council Tax: Westmorland and Furness Council - Band C.
Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices. Services: Mains, water, drainage and electricity.
Tenure: Leasehold: We understand that the flat is Leasehold for the term of a 150 years from 1st April 1987 with a monthly service charge of £247.99 Viewings: Strictly by appointment with Hackney & Leigh.
What3Words & Directions:///snored.shrub.maps From Hackney & Leigh Windermere office, proceed along College Road, taking the last left into Elleray Gardens.
Proceed into the development, park your car and ensure you check your vehicle in at the entrance whilst visiting.
Anti-Money Laundering Regulations: 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 23-01-2026.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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About 111 Elleray Gardens, Windermere LA23 1JE
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