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See how verdicts work4-bedroom house · LA12 0QA
For saleReduced £35k (−23.3%) on 21 JunListed 534 days
Opportunity summary
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About
Ralph Spours The Estate Agent is privileged to receive instructions to offer for sale the property known as; micklewell cottage. Gleaston.
LA12 0QA Here is a wonderful opportunity to develop a p; property to your own liking.
Situiated in the charming village of Gleaston., so convenient for asy access to the locat tons olf Garrow, Dalton and Ulverston.
It is a mid-terraced Barn Conversion (carried out some years ago) and now in need of refurbishment.
It currently as a large lounge, with a feature fireplace, a separate dining room and a kitchen on the Ground Floor, whilst on the Upper Floor is a fitted bathroom and 4 bedrooms, all of which should be regarded as “doubles”.
To the rear is a large garden. Micklewell Cottage is available with no chain. Please look at the pictures and then get in touch with me to arrange a viewing. ( Tel; anytime.
Gleaston is a village with a population of around 400 in the Furness area of South Cumbria, situated between the towns of Barrow-in-Furness, Dalton-in-Furness and Ulverston.
Historically in Lancashire, the history of the village can be traced as far back as the Mesolithic period and it was the centre of the manor of Muchland in the Middle Ages.
Today it is largely a commuter village for the nearby towns, but its past is still visible in the remains of Gleaston Castle and Gleaston Water Mill, which is open as a tourist attraction.
Since the Iron Age Gleaston would probably have been inhabited by the Carvetii tribe who were based at Carlisle and covered most of modern Cumbria, or possibly the Setantii tribe from Lancashire.
Both were later incorporated by the Brigantes. Successive waves of Norse, Saxon and Norman invaders and settlers have all added to the history of the local area.
Approximate Dimensions; Entrance Porch; 1.00m x 1.80m. Lounge; 5.00m x 5.00m max. Dining Room; 2.00m x 3, .25m. Kitchen; 2.40m x 2, .25m. Bathroom; 2/40m x 2.90m. Bedroom1; 3.15m x 2.90m.
Bedrron2; 3.15m x 2.65. Vedrrom 3; 3.10m x 3.10m . Bedroom 4; 2.96m x 2,76m. Bathroom; 1/41m x 2.16m
Value & comps
No previous sales on record.
Returns
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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.
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About Micklewell Cottage, Gleaston
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