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See how verdicts work1-bedroom flat · LA11 7HD
Sold STCReduced £14k (−15.7%) on 26 OctListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular Grayrigge Court development, is this well-presented, bright and airy ground floor apartment.
Offering generously proportioned accommodation which includes a double bedroom with fitted wardrobes, a modern shower room, a lounge/diner with fixed electric fire and a stylish kitchen.
Complete with direct access onto a private patio and the shared use of the communal garden, lounge and laundry facilities, this property must be viewed to be appreciated.
Please note this property is for over 60's only.
Directions For Satnav users enter: LA11 7HD For what3words app users enter: buyers.galaxy.rezoning Location Situated within the heart of Grange over Sands, Grayrigge Court occupies a convenient location to a range of amenities including eateries, convenience stores, boutique-style shops, a chemist, library and a nationally renowned butchers.
Located a short distance away are the public gardens with a bandstand, and ornamental gardens with a duck pond.
Grange over Sands also has a train and bus station, providing commuter links across the Furness Peninsula and South Lakes.
Description 7 Grayrigge Court is an impressive, one bedroomed apartment situated on the ground floor of this popular over 60s residential development.
The apartment provides the perfect balance of independent living, whilst also having the reassurance of emergency pull cords throughout connected to the on-site resident house manager.
The apartment also has the added benefit of a communal lounge and laundry facility, as well as being within walking distance of local amenities.
Approaching the property from the front through a secure communal entrance, a lift or stairs provides access to the upper ground floor.
There is also access to the apartment via the rear communal garden and private patio. A private entrance door opens into the hallway with doors leading to the lounge, bedroom and shower room.
There is also a storage cupboard that houses the hot water cylinder and provides ample space for coats, shoes and household equipment.
The main reception room is a generous sized lounge/ diner, which features an electric fire and a glazed external door opening out onto the private patio and communal garden.
The size and shape of the room allows a flexible arrangement of both living and dining room furniture.
The kitchen is fitted with a range of cream gloss, soft-close storage units and a complementary three-sided worktop.
Fitted within the worktop is a single drainer sink with a mixer tap and a four-ring electric hob with an extractor hood over.
Integrated within the units is an electric twin oven/grill and there is space for an upright fridge/freezer. The bedroom is a generous sized double room overlooking the communal garden.
The room is complemented with a built-in wardrobe with folding mirrored doors, as well as space around for additional bedroom furniture.
The shower room is fitted with a modern three-piece suite comprising a shower cubicle with a wall-mounted electric shower and a fixed seat, a WC and wash hand basin with vanity storage above and below.
Outside, the apartment benefits from a private patio and the shared use of the communal gardens.
Parking is limited in the rear car park and can only be sought through a waiting list from the site manager. Parking is available on Kents Bank Road for blue badge holders.
Tenure Leasehold - Term: 125 years from 1 June 1990. Service Charge: £3617.36 per annum. Ground Rent: £443.96 per annum. Restrictions: An over 60s age restriction applies.
Services Mains electric and water.
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 Grayrigge Court, Kents Bank Road, Grange-over-Sands,
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