We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom semi-detached house · LA7 7FJ
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi-detached cottage with fantastic potential and no onward chain. Garage, patio garden and extensive cellar rooms.
OVERVIEW Nestled close to Heversham with good access to the amenities of Milnthorpe, this quirky two bedroom house must be viewed for the potential to be appreciated.
The ground floor flows from the hallway with a dual aspect lounge and the dining room is semi open plan to the kitchen space.
The first floor has two double bedrooms and a large bathroom with scope to reconfigure and install a four piece suite.
A sitting room has been added at first floor level - a lovely space with French doors to the deck/balcony and views over countryside towards the distant bay.
The garage has space for a small car and there is a patio garden.
The outhouse requires maintenance but could be a wonderful home office or studio and there are a number of cellar rooms offering further scope.
ACCOMMODATION A UPVC double glazed porch on the side of the house offers space to take off wet shoes and coats and a traditional door leads into the hallway.
The unique layout and charm of the property is evident in the hallway - there is open access to the lounge and dining areas and stairs lead to the first floor.
The dual aspect lounge has a gas fire set within a stone surround as a focal point.
The dining area has matching cream shaker style units to the kitchen giving synergy to the space with the kitchen having a fitted gas hob, under counter oven and connecting doors to the garage and rear patio garden.
- The first floor landing is split - the two bedrooms and bathroom are at the front of the house, with the larger having a view over fields and trees, and stairs at the rear lead into the sitting room.
Both bedrooms are doubles, The bathroom is a really good size and could accommodate a four piece suite if desired. The instant hot water boiler is within a cupboard.
Moving into the light bright sitting room at the rear, UPVC double glazed French doors lead onto the decked balcony and there are views over countryside towards the distant bay - a lovely addition to the house and a versatile space should a guest room be needed.
- Externally, the property has an enclosed pretty patio garden with space for pots and furniture. High stone walls add character.
The outhouse has excellent scope to create a studio or workshop - a unique circular window and roof design give the building real character.
Steps lead down to the expansive cellar rooms - divided into two large main spaces plus three ante rooms, all areas have good head height and there is power, light and water connected.
DIMENSIONS Hall 11' 11" x 7' 6" (3.64m x 2.29m) Lounge 11' 0" x 13' 1" (3.36m x 3.99m) Dining Area 10' 7" x 8' 11" (3.23m x 2.72m) Kitchen 8' 6" x 10' 3" (2.59m x 3.13m) Bedroom 11' 11" x 11' 4" (3.64m x 3.46m) Bedroom 8' 7" x 9' 3" (2.62m x 2.82m) Bathroom 10' 5" x 9' 2" (3.18m x 2.79m) max Sitting Room 15' 3" x 10' 6" (4.66m x 3.20m) Garage 15' 3" x 10' 4"/7' 1" (4.65m x 3.16m/2.16m) Cellar One 13' 10" x 10' 5" (4.22m x 3.17m) Cellar Two 8' 6" x 6' 9" (2.59m x 2.05m) Cellar Three 12' 0" x 9' 11" (3.67m x 3.03m) Cellar Four 5' 0" x 9' 11" (1.52m x 3.01m) Cellar Five 4' 10" x 9' 9" (1.46m x 2.96m) Outhouse 9' 0" x 8' 2" (2.74m x 2.49m) DIRECTIONS Leaving Milnthorpe on A6 towards Heversham, proceed out of the village and over the rise of the hill.
Turn left opposite Kirkgate Lane down the small track/driveway with the property being on the left hand side.
what3words///voter.daily.coasting ESSENTIAL INFORMATION Services: Mains Water, Electric and Gas. Drainage via septic tank shared with the adjoining property.
The tank is at the bottom of the garden to number 2.
Under the General Binding Rules 2020, we ask buyers make their own investigations regarding compliance of the septic tank and take advice from their mortgage lender or legal advisors.
Tenure: Freehold Council Tax Band: D EPC Grading: F. Please note with the current rating you may not be able to let this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Heversham, Milnthorpe, Cumbria, LA7
Explore nearby