2-bedroom flat · LA12 8RF
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold An exciting opportunity to purchase an impressive first floor apartment with views across the River Leven situated in the hamlet of Backbarrow near Newby Bridge within the Lake District National Park.
The local amenities include the Whitewater Hotel Spa and Leisure Club, the Lakeside and Haverthwaite Steam Railway, Haverthwaite Surgery and a well regarded primary school.
The location offers many countryside walks from the doorstep including the Cumbria Coastal Path and Bigland Hall Estate and Tarn and is within easy reach of The Swan Hotel, which is renowned for it's superb Restaurant, public bar, gymnasium, relaxing spa, tranquil park and competitivley priced marina on the fringe of Lake Windermere, Cartmel village, where the local amenities include the famous 12th Century Priory, iconic Cartmel racecourse, Michelin starred restaurant l'Enclume, Grange Fell Golf Club, Fell Foot Park and the A590.
The amenities available in Bowness, Windermere, Grange-over-Sands and Ulverston are just a short journey away.
The well presented accommodation offers an entrance hall, excellent kitchen with dining and living space having direct access to balcony’s at the front and rear, two double bedrooms with one having access to a balcony and the other having an en-suite bathroom.
The apartment is also complimented by a modern bathroom. The apartment benefits from double glazing and electric heating.
Outside there are three private balconies, with one overlooking the river, two allocated parking spaces, communal bike storage and communal gardens.
36 Ironworks Road forms part of a unique development of 43 beautifully designed properties set on the banks of the River Leven.
The apartment offers a rare opportunity for unrestricted ownership, and is offered for sale with no upper chain.
EPC Rating: D Location From Grange-over-Sands proceed west on the A590 to Newby Bridge and continue straight over the roundabout.
After the dual carriageway take the second turning on the right signposted Backbarrow and proceed past the Whitewater Hotel crossing the river. The development can be found further along on the left.
WHAT3WORDS: Helper.grasp.hooked Entrance Hall (3.51m x 1.05m) Open Plan Living Area (6.59m x 3.53m) Bedroom (3.42m x 3.11m) En-Suite (2.08m x 1.61m) Bedroom (2.83m x 2.77m) Bathroom (2.13m x 1.52m) Identification Checks Should a purchaser(s) have an offer accepted on a property marketed by thw Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £43.20 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
Balcony There are three private balconies, two allocated parking spaces, visitor parking, communal bike storage, water supply and the communal grounds immediately surrounding the apartment are landscaped and private to the complex shared by all residents.
Parking - Allocated Parking
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
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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 36 Ironworks Ironworks Road, Ulverston
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