2-bedroom terraced house · LA23 3AX
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Rustic Cottages is a charming traditional Lakeland cottage offering two bedrooms and forming one of a short terrace of just four properties.
Tucked away in a peaceful yet highly convenient location just moments from the heart of Bowness, this delightful home combines character, comfort and accessibility.
Full of original charm, the property boasts a wealth of period features, including exposed beams, slate stone and roughcast walls, stripped wooden doors, cosy nooks and crannies, and a welcoming lounge centred around a log-burning fireplace.
Outside, the larger-than-average enclosed rear garden enjoys a sunny south-facing aspect, providing an excellent space for outdoor dining, entertaining or simply relaxing.
Currently operating as a successful holiday let, the property would also make an ideal second home or a charming permanent residence.
Situated just off Craig Walk, 3 Rustic Cottages enjoys a tranquil setting while being only a short stroll from the vibrant centre of Bowness.
An excellent selection of independent shops, restaurants, cafés and bars are right on the doorstep, along with many of the area's popular tourist attractions.
Excellent transport links, including bus services, the railway station and Lake Windermere cruises, are all within easy walking distance, making it the perfect base from which to explore the stunning Lake District National Park.
Resident parking is available at the lower end of Craig Walk on a first-come, first-served basis, and the property benefits from a resident parking permit.
Accommodation Traditional front door leads into; Dining Kitchen Open plan kitchen area to dining space with tiled floor throughout, the kitchen area consists of fitted wall and base units finished with laminate work surfaces and sink unit.
Range of equipment incorporated including gas hob, oven, fridge, washing machine and recessed cupboard housing Vaillant gas central heating boiler.
Sitting Room Cosy and characterful sitting room with large slate stone faced fireplace with inset log burning stove, adjacent bookshelves and built in cupboard below.
Exposed beams to ceiling, wood flooring and large bay with uPVC double glazed door and windows out to the rear garden.
Hallway Vestibule with door out to the garden and staircase leading to; First Floor Landing with loft hatch. Bedroom One A double bedroom with uPVC double glazed window overlooking the garden.
Plus built in wardrobe over the stairs. Bedroom Two Small double bedroom with uPVC double glazed window. Ample space for a chest of drawers or small wardrobe.
Bathroom Modern three piece white suite comprising pannelled bath with chrome shower over, was basin with vanity unit and WC.
The bathroom is finished with stone effect tiling to walls, spot lighting, shaver point, extractor fan, heated towel rail and uPVC window with window seat.
Outside To the front of the property is shared pathway leading to the front of the four cottages and at the end of the row are separate store room of which each cottage has their own.
Accessed out the rear of the property is a generous South West facing patio and shingled garden with shrub planed borders for an easy manageable garden offering plenty of space for outside entertaining and dining.
Services All mains services connected. Gas fired central heating. Tenure Freehold. Business Rates Westmorland and Furness Council – business rates are payable.
Rateable Value of £2,225 (with effect from 01.04.26) with the standard multiplier of 54.6p. Currently 100% small business relief applies, purchasers are advised to make their own enquiries.
What3Words ///iteration.snowstorm.polar 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 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
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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 3 Rustic Cottages, Craig Walk, Bowness-on-Windermere, LA23 3AX
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