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See how verdicts work3-bedroom flat · LA23 3DT
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description: A spacious 3 bedroomed first floor apartment with good sized living-dining area, balcony terrace, plus the added benefit of off road parking and single garage.
Conveniently situated close to the village amenities and within a few minutes walk of the shores of Lake Windermere. This apartment would make an ideal permanent home, 2nd home or holiday let.
Location: The Quarry Rigg development is situated in the centre of Bowness village being convenient for all the shops, restaurants, bars and amenities.
From Windermere proceed on New Road continuing onto Lake Road into Bowness.
Bear right onto Longlands Road immediately before the cinema, follow the road around to the left onto the Quarry Rigg development and on entering the development, bear right down the hill.
No.12a can be found towards the bottom on the right.
Property Overview: A first floor, 3 bedroomed apartment tucked away from the hustle and bustle but set in a central location and within immediate walking distance of all the amenities Bowness has to offer.
As you enter the apartment you find yourself in the kitchen, which includes wall and base units, Stoves oven and electric hob, space for fridge freezer and washing machine/tumble dryer.
There are an additional 2 storage cupboards which one housing the hot water cylinder, plus access to the shower room and the separate bathroom.
The spacious living room has access to the outside balcony and to the 3 bedrooms all including built in wardrobes.
Additionally, the good-sized garage below the apartment has lighting and a wall socket which might be used for charging an electric vehicle using off-peak rates.
This apartment would be a perfect main residence, second home or holiday let.
Accommodation: (with approximate measurements) Communal stairs to first floor Entrance Kitchen 15' 6 " max x 8' 11" ave (4.72m x 2.72m) 'L' Shaped Living Room 18' 5" x 9' 7" (5.61m x 2.92m) Bedroom 1 13' 2" x 9' 1" (4.01m x 2.77m) Bedroom 2 10' 0" x 9' 2" (3.05m x 2.79m) Bedroom 3 8' 11" x 8' 10" (2.72m x 2.69m) Bathroom Shower Room Garage 18' 3" x 8' 11" (5.56m x 2.72m) Property Information: Services: Mains electricity, water and drainage.
Tenure: Long leasehold for the residue of a 999 year lease from 1995. For 2024 the annual service charge is £2,171. There is also a fixed ground rent of £26 per year.
Council Tax: Westmorland and Furness Council - Band C. Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
Viewings: Strictly by appointment with Hackney & Leigh. What3Words: ///historic.hardening.anthems Notes: *Checked on 8th November 2024 - not verified.
Anti-Money Laundering Regulations: Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML).
We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl.
vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction).
The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed.
In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).
Disclaimer: All permits to view and particulars are issued on the understanding that negotiations are conducted through the agency of Messrs. Hackney & Leigh Ltd.
Properties for sale by private treaty are offered subject to contract.
No responsibility can be accepted for any loss or expense incurred in viewing or in the event of a property being sold, let, or withdrawn. Please contact us to confirm availability prior to travel.
These particulars have been prepared for the guidance of intending buyers. No guarantee of their accuracy is given, nor do they form part of a contract.
*Broadband speeds estimated and checked by on 8th November 2024.
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 12A Quarry Rigg, Bowness On Windermere, Cumbria, LA23 3DT
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