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See how verdicts work2-bedroom flat · LA23 3JG
For saleListed 38 days
Opportunity summary
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About
Opportunity arises to purchase 7 Meadowcroft, a two bedroom generously proportioned apartment.
Built in the 1900’s, this former Gentleman’s residence is Just a stone’s throw from Lake Windermere, set in approx.
3.5 acres of fabulous, shared grounds, including a tennis court, this second-floor apartment is offers both modern comfort and timeless character and is in good condition benefitting from gas central heating, telephone entry system double glazing and 2 private parking spaces and views of Lake Windermere.
Accommodation briefly Comprises of entrance hall having a handy built in cupboard, living room overlooking the communal gardens and having views to Lake Windermere and the Lakeland fells, kitchen also having views to Lake Windermere and the Lakeland Fells.
2 double bedrooms, one ensuite and bath room Outside are the well maintained communal gardens, shared tennis court, bandstand which is currently used for storage of bikes etc This property is an ideal home, additional residence, holiday let or residential buy-to-let with an estimated income provided by Matthews Benjamin Lettings of £1250 per calendar month, please ask the agent for more information if interested.
Meadowcroft House overlooks Windermere, England’s largest lake, over 10 miles in length and is located within the highly regarded area of Storrs Park situated on the Newby Bridge Road approximately a mile from Bowness village and only a short walk from the popular Windermere Marina and Ferry Nab where boat launching facilities are available.
Steeped in history this former gentleman’s residence has also been the home of the Windermere Zoological Society, a private zoo, a theatre, Bowness On Windermere’s first cinema, a private school to name but a few!
Accommodation Communal door with telephone access leads into communal hallway and stairs lead up to second floor. Private door leads into the apartment.
Hallway A spacious area which gives access to all rooms, currently used as a snug with a radiator loft access and a large Velux window. Lounge/diner.
A spacious room with the sitting room to one end, with dual aspect looking over both the front and rear of the development. There are two radiators and coving to the ceiling.
To the other end of the room is a comfortable dining area, large enough area to accommodate a family size dining table. A further low window offers views over towards Lake Windermere.
Kitchen A light and bright kitchen with modern fitted wall and base units in cream complemented with a wood effect laminate work top’s A stainless steel sink and drainer with a mixer tap with a window above with views looking over towards Claife Heights.
Intergal appliances include a dishwasher, Fridge Freezer, wine cooler, electric hob, oven and grill with extractor fan over. There is space and plumbing for a freestanding washer/drier.
To one side is a breakfast bar and stools, additional large storage cupboards and a ladder style radiator. Tile effect flooring and partially tiled walls.
Master bedroom Large double room, with a window overlooking Clife Heights and Lake Windermere. There is a large double wardrobe with hanging rail and shelving. Two radiators and coving to the ceiling.
Ensuite Shower Room Modern walk-in shower with a glass screen, WC and hand basin. Fully tiles walls and floor, ladder style radiator. Window with fitted storage cupboards under.
Bedroom 2 A double bedroom, currently used as a twin, with a window overlooking the rear of the property. There is a double built in wardrobe with hanging rail and storage above.
Coving to the ceiling and a radiator. A door leads through to a modern ensuite bathroom, with a three-piece white suit, with shower over bath, WC and hand basin with illuminated mirror above.
Fully tiled walls and floor, spotlights and a ladder style radiator Outside Large, well maintained communal gardens and a shared tennis court.
There is also a bandstand which is currently used for storage of bikes etc, and even shared small putting green. The flat has 1 allocated parking space, with extra visitors parking available.
Services Mains drainage, gas, water and electricity connected. Gas fired central heating to radiators. Council Tax Westmorland and Furness Council - Band E.
Tenure Long leasehold for the residue of a 999 year lease commencing 1991.
A Management Company is in place made up of the owners of the apartments for which an annual service charge is levied to cover maintenance and upkeep of communal grounds and areas, building insurance, gardening, external repairs and decorating and window cleaning.
The freehold of the property is vested within the Management Company. The charge for the year 2024/25 was in the order of £1,100 per quarter.
Directions From Bowness proceed south on the A592 towards Newby Bridge.
Upon passing the entrance to Windermere Marina Village on the right, Meadowcroft can be found approximately half a mile along on the left hand side.
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 7 Meadowcroft House, Storrs Park, Bowness-On-Windermere, LA23 3JG
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