2-bedroom flat · LA13 9HU
Sold STCListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to bring to the market this well presented lease first floor flat in the popular location on Newbarns, close to local amenities, transport links, schools and pleasant communal garden areas.
The property comprises of communal entrance hall area with trades door, communal first floor hallway, entrance door leading to hallway, utility room, spacious lounge/diner, fitted kitchen 2 double bedrooms, bathroom and a separate cloaks/W.C.
The property benefits from central heating, double glazing.
The vendor has said the property is a lease hold which commenced in 2020 for 125 years, there is also a service/maintenance charge of around £500 Per Annum.
SERVICES Gas, water, telephone, electric, drainage LOCATION FRONTAGE Communal entrance, stairs leading to first floor hall area and a door to ENTRANCE HALL Laminate flooring, a radiator and doors to LOUNGE 17' 6" x 12' 8" (5.35m x 3.87m) Double glazed window, laminate flooring, coved ceiling and a door to UTILITY ROOM 6' 11" x 5' 10" (2.12m x 1.79m) Power/light and laminate flooring KITCHEN Double glazed window, fitted wall and base drawer units with worktops to compliment, inset stainless steel sink unit with mixer taps, cooker point, plumb for washer, tiled splash and a plumb for dishwasher BEDROOM 1 13' 11" x 9' 10" (4.25m x 3.01m) Double glazed window, laminate flooring, coved ceiling and a radiator BEDROOM 2 9' 11" x 14' 0" (3.03m x 4.28m) Double glazed window, laminate flooring and a coved ceiling CLOAKS/W.C Double glazed frosted window, laminate flooring, low level W.C and a radiator BATHROOM Double glazed frosted window, hand wash basin with mixer taps/vanity unit, panel enclosed bath with mixer taps/shower head, tiled walls, tiled splash, double door storage cupboard and a radiator VIEWING Key accompanied Draft particular subject to client approval AGENT NOTE In order to be able to purchase a property in the UK, all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations.
Ross Estate Agencies outsource this check to a third party and an additional charge to purchasers will apply. Please contact the office for more details.
Anti-Money Laundering checks cost - £25.00 + VAT ** This is non refundable once the AML check has been carried out **
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs

FAQ
About Ewan Close, Barrow-in-furness
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