We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · LA23 2PR
Listing removedListed 353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
31 Alexandra Court is a second floor retirement apartment in a most desirable position within Alexandra Court.
Alexandra Court was developed by McCarthy & Stone and was specifically designed for those over the age of 50, providing ease of maintenance apartments.
These apartments are always popular because of their excellent security arrangements, peace of mind that on site help from the warden is available if required and their highly accessible and convenient setting.
Residents can also enjoy the surrounding grounds, use of laundry facilities, communal lounge and the visitor’s guest suite for when guests need to stay overnight.
Occupying a popular and very convenient central village location with the shops, restaurants, cafes and bars of Windermere right on the door step.
Also easy to reach are a large range of local amenities including doctors and dentists surgeries, hairdressers and barbers, opticians and the local vets.
Transport links also make this a popular choice as Windermere has a station on the branch line from Oxenholme which itself lies on the West Coast mainline with regular services to London Euston and Edinburgh, Locally there are good bus and taxi services available.
This is also a great, well served location from which to enjoy the delights of the wider Lake District National Park. Accommodation Take the lift or the stairs up to the second floor.
From the communal hallway is a private door into the apartment; Hallway With telephone intercom entry system, large walk in storage cupboard housing hot water tank with immersion heater, electric meters and coats hanging space.
Living Room A comfortable room with space for dining table, UPVC window looking out onto the communal gardens and parking area, TV and telephone points, electric storage heater and wall light fittings.
Kitchen Archway from living room into kitchen with range of fixed wall and base units, integrated four ring electric hob and oven, extractor fan, stainless steel sink and drainer.
Space for fridge/freezer, tiling to walls and cushion vinyl flooring. Double Bedroom With built in double wardrobe, view to communal gardens and car park, storage heater and wall light fittings.
Bathroom Tiled bathroom with fittings comprising bath with electric shower with emergency push button.
Vanity wash basin with mirror above, WC, wall mounted electric heater, heated towel rail and an extractor fan.
Directions From our Windermere office in Ellerthwaite Square cross the road turning left into Ellerthwaite Road, continue along to the cross roads taking a right turn opposite the Fire Station.
Take the next left turning into the car park of Alexandra Court facing the main entrance. No.31 is located on the second floor on the right hand side of the main corridor.
Services Mains electric, water and drainage, Electric night storage heaters. Equipped with emergency call and intercom security entrance systems.
Tenure The property is held long leasehold for a term of 125 years which commenced in 1989, subject to an annual ground rent of £431.88 There is also an annual maintenance/service charge to cover the house manager/warden, upkeep of the common parts (including heating and lighting of the residents lounge), gardening, lift maintenance, window cleaning, building insurance and water rates etc.
The service charge for 2024/25 is £3,904 and is paid half yearly in advance.
Council Tax Band B 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 £40 + 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
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.
Area
Agent & docs
FAQ
About 31 Alexandra Court, Ellerthwaite Road Windermere, LA23 2PR
Explore nearby