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See how verdicts work3-bedroom semi-detached house · LA22 9HS
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a substantial three bedroom south east facing traditional Lakeland property in the highly popular Lakeland village of Elterwater.
The house is attractively well proportioned providing three spacious en suite double bedrooms, large living/dining room and kitchen/diner.
Set slightly elevated with attractive views over Elterwater Common towards Loughrigg.
The property benefits from attractive low maintenance, south facing sunny garden, terrace and parking for two vehicles.
The property is currently a well established and successful 4* holiday let, generating an annual gross income of circa £50,000 with potential for circa £60,000 as the vendor uses the property for a number of weeks themselves.
It's let via Original Cottages. The majority of contents are available by separate negotiations. All forward bookings are available.
The property is situated in the heart of the Lake District National Park in the picturesque village of Elterwater, the much photographed and painted beauty spot in the Langdale Pikes with endless fell and country walks from the doorstep.
A few miles away there are the wide variety of amenities of in the busy market town of Ambleside with restaurants, cafes, bars and cinemas etc.
Accommodation Steps up leading to a Composite front door into hallway with loft hatch.
Leading into:- Kitchen/Diner Attractive kitchen with a variety of wall and base units and one and half bowl stainless steel corner sink unit with mixer tap.
Integrated electric double oven, integrated microwave and ceramic four ring hob. Integrated dishwasher and freezer. Part wall tiled and tiled floor. Feature fire place with oak mantel and TV point.
Attractive views over the Common towards Loughrigg.
Step down to:- Living Room/Dining Room A generously proportioned and spacious dual aspect room with inset electric fire with feature stone surround and slate hearth.
Twin window seats, side door and views over The Common. Front Bedroom One Double room with far reaching views towards The Common and Loughrigg. Concealed consumer unit and electric meter.
En-suite A three piece white suite comprising shower, WC and pedestal wash hand basin. Fully floor and wall tiled. Heated towel rail, extractor and electric shaver point. Useful storage cupboard.
Bedroom Two Attractive dual aspect double room with attractive views over The Common towards Loughrigg.
En-suite An attractive wet room with white three piece suite comprising pedestal wash hand basin, WC and shower. Heated towel rail and electric shaver point. Fully floor and wall tiled.
Lower Ground Floor Bedroom Three Attractive dual aspect twin room with built in wardrobe. Double patio doors and attractive south east facing views over the garden.
En-suite Three piece white suite comprising vanity wash basin, WC and panelled bath with shower attachment. Partially wall tiled and fully floor tiled. Exposed beam and extractor fan.
Outside A super south east facing front garden giving lovely country views over The Common towards Loughrigg.
There is a paved patio together with a manageable lawned area with some mature shrubs and bushes. In addition there is an external lean to laundry room with electric, water and housing the cylinder.
Separate boiler room. There is parking for two vehicles held on a license with Lowther Estates spaces which are currently rented at approximately £500 per annum for the pair.
Services Mains water, electric and drainage. Oil fired central heating. HIVE. Ratable Value £4,600 amount payable £2,143.
This could be reduced if the purchaser is entitled to small business rates relief. More details can be obtained through the Local Authority - Westmorland and Furness Council.
Tenure Freehold with flying Freehold.
What3words ///woke.flanked.winemaker 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 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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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
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FAQ
About Fell View, Elterwater, Ambleside, LA22 9HS
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