2-bedroom flat · LA11 6EA
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful spacious ground floor apartment with two en-suite bedrooms, garden, off-road parking and cellar.
The Laurels benefits from gas-fired central heating and offers spacious accommodation comprising lounge with gas fire, modern kitchen/diner with built-in appliances.
The flat enjoys excellent proximity to the town centre and all amenities, including shops, post office, library and nearby railway station on the main Barrrow to Manchester Airport line COUNCIL TAX BAND: B Westmorland & Furness Council EPC ENERGY RATING: E TENANCY AGREEMENT Available under the terms of a Assured Periodic Tenancy RENT AND DEPOSIT Rent: £895 and Security Deposit: £1,032.69, (equivalent to 5 weeks rent) are both payable prior to the start of the tenancy.
The deposit will be paid into a Tenancy Deposit Custodial Scheme and refunded at the termination of the tenancy, subject to the property being left in a good and tenantable condition.
The successful applicant(s) will pay a refundable holding deposit of £206.54 (equivalent to 1 week’s rent), prior to the reference/credit checks, which will then be deducted from the first month’s rent, or refunded as long as applicants have not provided any false or misleading information.
OUTGOINGS: The Tenant will be responsible for all outgoings (telephone, broadband, utilities, council tax etc.) MATERIAL INFORMATION: Of standard construction in a conseravtion zone SPECIAL CONDITIONS: Non- smokers only.
Not suitable for pets as there are no fixed boundaries with neighbouring garden/areas. VIEWING: Strictly by appointment through our Staveley Office.
option 2) Directions Arriving from Lindale on the B5277, turn left onto Main Street passing the Ornamental Pond. Continue to the next row of cafes and shops on your left.
Belle Isle Terrace is immediatley opposite, on a raised terrace, immediately to the right of Grange Town Hall. The Laurels is the last property on the Terrace.
For access, continue up the hill to the mini roundabout and come back down the hill, bearing left onto the communal terrace driveway in front of the Town Hall.
Location Grange-over-Sands is a Victorian coastal town, set in south Cumbria with a mile-long promenade which skirts around the shores of Morecambe bay.
The town offers a good range of shops and amenities, it also has the advantage of regular bus services and a railway line/station offering services on the Furness line.
Outside GARDEN: borders to the front of the house and a lawned garden with shrubs to the rear. PARKING: There is parking to the front and rear of the property for up to 4 cars.
Services Material Information • Mains water, electricity, gas and sewerage drainage are all connected to the property. • Gas-fired central heating.
• We understand that broadband and mobile telephone reception are available.
For an indication of speeds and supply please see: • Off Road Parking • Other residents have a right of way to access parking and garden areas to the rear of the buidling.
Cloakroom 1.2m x 1.38m With pedestal wash basin and w.c. Worcester gas central heating boiler.
Entrance Hall Lounge: 4.93m x 4.18m Kitchen/Dining: 4.83m x 4.16m Having a range of high-gloss grey wall and base cupboards which incorporate a brushed stainless steel 4-ring gas hob and electric fan assisted oven.
Integral fridge and freezer and integral washing machine. Woodblock work tops and 1½ bowl single drainer stainless steel sink unit with mixer taps.
Rear Hallway Bedroom 1: 3.98m x 2.89m En-suite Shower Room: 2.91m x 1.17m With wash basin, w.c., and walk in shower cubicle.
Bedroom 2: 3.97m x 2.48m En-suite Bathroom: 3.03m x 1.27m With wash basin w.c. and panelled bath with shower over.
Cellar: 3.87m x 3.28m An ideal storage space, dry but with limited head height.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 The Laurels, 3 Belle Isle Terrace, Grange-Over-Sands, Cumbria
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