Studio flat · LA5 0AN
To rentListed 204 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Millom Court - a peaceful and well-maintained independent living community for individuals aged 55 and over, located in the picturesque village of Arnside, within an Area of Outstanding Natural Beauty in the Lake District.
Sanctuary Housing is pleased to offer a selection of well-presented studio apartments, thoughtfully designed to support independent living in a friendly and secure environment.
Each self-contained home features a spacious open-plan bedroom/living area, a fitted kitchen, a private shower room, and ample storage.
With lift access and level flooring throughout, these homes are ideal for older adults seeking comfort, convenience, and community.
Whether you are retired or still working, Millom Court offers the perfect balance of privacy and social connection, with access to a range of communal facilities and regular social activities.
A warden call system provides added peace of mind, while the surrounding area offers excellent transport links and local amenities.
Local Amenities: - Short walk to Arnside village centre and doctor's surgery - Regular bus services to Kendal and Morecambe - On the train line from Barrow to Manchester Airport As a Sanctuary Housing resident, you will also benefit from immediate access to all of our online services.
A minimum One week's rent in advance required at sign up. Applicants claiming benefits are welcome to apply. Offer of accommodation is subject to references, affordability & Local connection checks.
Please contact our team if you are interested in viewing this property Weekly Rent and service charges : Rent: £105.94 Service charge: £43.91 Warden call charge: £1.20 Other charge: £6.79 Total weekly charge: £157.84 If you would like to arrange a viewing, for yourself or a relative, please contact us by clicking on the green button on Rightmove * An assured tenancy - a lifetime tenancy is offered, for your peace of mind and security.
In some cases, a starter tenancy is given to many new housing associations tenants. It usually lasts for a 12-month trial period. It's a type of assured shorthold tenancy.
At the end of the 12 months the tenancy converts to a lifetime assured tenancy, providing there have been no problems with anti-social behaviour or rent arrears.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Millom Court, Redhills Road, LA5
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