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 work4-bedroom semi-detached house · LA23 2JA
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An excellent opportunity to acquire a highly successful holiday letting business comprising two self-contained apartments occupying a prime position within the heart of Windermere.
Sheriffs Place has been developed and maintained to provide high quality visitor accommodation, offering flexible and comfortable living space suitable for a wide range of guests including couples, families and those seeking short breaks within the Lake District.
A particularly attractive feature of Sheriffs Place is the lockable interconnecting door at ground floor level, enabling the property to operate either as two self-contained holiday apartments or as a larger single holiday home.
This flexibility broadens market appeal whilst creating opportunities to maximise occupancy and revenue.
Both apartments are exceptionally well presented throughout, featuring a high-quality specification and stylish interiors which have earned consistently strong guest reviews and repeat bookings.
The accommodation offers a genuine turnkey opportunity within one of the Lake District's most established visitor destinations.
Location Situated within one of the Lake District's most sought-after visitor destinations, the property enjoys a highly convenient location close to the extensive amenities of Windermere village.
Windermere offers a wide selection of restaurants, cafés, public houses, independent retailers and visitor attractions, whilst nearby Bowness-on-Windermere provides direct access to Lake Windermere and the wider National Park.
The Lake District National Park attracts millions of visitors annually and remains one of the United Kingdom's premier tourism destinations.
Designated as a UNESCO World Heritage Site, the area enjoys strong year-round visitor demand driven by its outstanding natural beauty, outdoor recreation opportunities and established hospitality sector.
The property is well positioned to benefit from this enduring tourism market whilst also offering convenient access to the regional road network and Windermere Railway Station.
Occupying a particularly convenient position between Windermere Village and Bowness-on-Windermere, Sheriffs Place allows guests to access the amenities, restaurants, shops and attractions of both destinations on foot, reducing reliance on private transport and enhancing its appeal as a year-round holiday letting business.
Public transport connections are excellent, with regular bus services available nearby providing convenient access to destinations throughout the Lake District.
Internal Details Each apartment benefits from its own external entrance with no communal areas.
A lockable interconnecting door at ground floor level provides direct access between the two apartments, enabling the property to operate as either two independent holiday lets or a single larger accommodation unit, depending upon booking requirements.
Apartment One – Lower Sheriff (Ground Floor) • Entrance Hall • Open plan living/dining/kitchen featuring comfortable seating, bay windows, dining area, feature fireplace with log burning stove and wall-mounted TV • Contemporary fitted kitchen with white granite worktops, breakfast bar and integrated appliances including gas hob, electric oven, fridge, dishwasher and washer/drier • Double bedroom with king-size bed, feature headboard, hanging bedside lights, fitted wardrobe, dressing table, TV and window seat • Luxury shower room, fully tiled and fitted with walk-in shower, wash basin and WC • Rear door leading to private patio area with artificial grass and seating area Apartment Two – Upper Sheriff (First and Second Floor) • Entrance hall with stairs to half landing and bedroom one • Bedroom one comprising double bed, feature headboard, fitted wardrobe, dressing table and TV • En-suite shower room with shower cubicle, wash basin and WC • Stairs to first floor • Open plan living/dining/kitchen featuring comfortable seating, bay windows, large dining table with banquette seating, feature fireplace with log burning stove and wall-mounted TV • Contemporary fitted kitchen with white granite worktops, breakfast bar, five-ring gas hob and integrated appliances including fridge/freezer, double electric oven, dishwasher, washer/drier and wine cooler • Stairs to second floor • Bedroom two comprising super king-size zip-link bed, feature headboard, hanging bedside lights, fitted wardrobe, dressing table and TV • Bedroom three comprising super king-size zip-link bed, feature headboard, hanging bedside lights, fitted wardrobe, dressing table and TV • Luxury bathroom, fully tiled and fitted with feature bath, walk-in shower, wash basin and WC External Details In addition to the holiday apartments, the property benefits from a detached garden room with drinks fridge.
Currently configured as a dedicated games room incorporating a pool table, wall-mounted television and seating area, this highly attractive facility enhances the guest experience and provides valuable additional recreation space, particularly for families and larger groups.
The versatile accommodation may also lend itself to a variety of leisure, recreational, home office or ancillary accommodation uses, subject to any necessary consents.
The property further benefits from two private parking spaces together with additional on-street parking available nearby.
The Opportunity Opportunities to acquire established holiday letting businesses within central Windermere are increasingly rare.
Sheriffs Place combines a prime trading location with high-quality accommodation and a proven operational model, creating an attractive investment opportunity within the heart of the Lake District National Park.
Of particular note is the flexibility afforded by the lockable interconnecting door, allowing the property to be operated as either two self-contained apartments or a single larger holiday home.
This feature broadens market appeal by accommodating couples, families, larger groups and pet owners, whilst enhancing occupancy potential and income diversification.
Whether acquired as a lifestyle investment, a pure commercial venture or for a combination of personal use and income generation, Sheriffs Place represents a rare opportunity to secure a high-quality hospitality asset within one of the Lake District's most sought-after and enduring visitor destinations.
Trading Information Trading accounts and further business information will be made available to genuinely interested parties following completion of a confidentiality agreement.
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 Sheriffs Place, Lake Road, Windermere, LA23 2JA
Explore nearby