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See how verdicts work1-bedroom flat · LA22 9BW
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Millans Court was developed by Pilkingtons with security and comfort in mind in the late 1980’s.
It has Economy 7 central heating, double glazing, and is well insulated providing a comfortable and easy to run home.
The apartment is well positioned on a retirement development which is managed well and enjoys the services of a guest suite, resident’s lounge, laundry facilities, plus an attractive communal garden.
An opportunity to acquire a comfortable, secure and easily managed retirement home. Conveniently situated just off the centre of this popular Lakeland town.
Close at hand is an excellent range of amenities including shops, restaurants, churches, doctors and library etc. Will an abundance of fell and country walks from the door step.
Accommodation Private entrance leading into: Hallway With telephone door entry system, warden alarm and airing cupboard housing the hot water cylinder.
Leading through to: Sitting Room A spacious light and airy south facing room with a double glazed window, TV and telephone point, warden alarm pull cord and Dimplex night storage heater.
Views towards Todd Crag. Kitchen A selection of wall and base units with stainless steel sink unit and mixer tap. Part wall tiled with extractor, warden alarm pull cord and bifold door.
Plumbing for washing machine. Bedroom Generously proportioned room with built in wardrobe, warden pull cord and night storage heater. South facing aspect, view of Todd Crag.
Bathroom Three piece suite comprising of double shower, vanity wash hand basin and WC. Mirror with light and shaver point. Part wall tiled with electric wall heater and extractor.
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 unallocated.
Services Mains water, electric and drainage. Tenure Leasehold for an original term of 150 years from 1987.
There is a monthly management charge to the owners 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 manager.
The current management charge for apartment 206 is approximately £209.60 per month.
In addition a sinking fund payment is levied annually based on the purchase price at 0.89% this can be paid annually or at the point of any future sales.
Council Tax B Directions What3words ///giggle.stockpile.mash 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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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 Millans Court, Ambleside, LA22 9BW
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