1-bedroom flat · LA12 8RF
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home * Fully Furnished * 1 Bed Apartment * Prime location - close to the centre of the Lake District National Park * Fully equipped kitchen - built in fridge freezer, dishwasher and washer/ dryer provided on a no repair/ replacement basis * Electric /oven/ hob/ Useful Information * Services: Mains electricity, water, and drainage * Deposit & Rent: Deposit up to five weeks' rent, plus one month's rent payable in advance * WIFI charged at an additional £30 per month * Council Tax Band - B * Right to Rent: Applicants aged 18+ will be required to show identification * Insurance: Tenants should insure their own belongings * Energy Performance Certificate: Available on request Grounds & Location * One Private parking space plus visitor's space * Set within the Ironworks development * Communal grounds Set beside the River Leven in Backbarrow, No.
43 Ironworks is a well-presented, fully furnished top-floor apartment offering modern accommodation in a convenient Lake District location.
The main living space combines the kitchen, dining and sitting areas in an open-plan layout, with a roof light and window overlooking the River Leven providing plenty of natural light.
The kitchen is fitted with integrated appliances including an oven, induction hob, fridge, freezer, dishwasher and washer/dryer on a no replacement/ repair basis.
There is a comfortable double bedroom with 2 Velux windows, along with a modern shower room comprising a WC, wash basin, tiled shower enclosure, mirrored cabinet and heated towel rail.
Outside, the apartment benefits from landscaped communal grounds alongside the River Leven, an allocated parking space, visitor parking and communal bike storage.
Backbarrow offers good access to Newby Bridge, Cartmel, Windermere and the wider Lake District, with countryside walks and local amenities within easy reach.
The apartment is offered fully furnished and is available from 21st November for a long-term let. Please contact the AshdownJones team for further information or to arrange a viewing.
Holding Deposit: £207.69
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
We're still gathering serviced-accommodation data for this area.
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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 No. 43 Ironworks, Ironworks Road, Backbarrow, LA12 8RF
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