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 work3-bedroom house · LA23 1QB
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated within a picturesque semi-rural development just moments from the shores of Lake Windermere, this beautifully presented three-bedroom cottage combines modern elegance with timeless countryside charm.
Boasting far reaching rural views and a thoughtfully finished interior, the property offers an idyllic retreat in one of the Lake District's most desirable locations.
Upon entering you are welcomed by an inviting hallway that immediately sets the tone for the home's warm and stylish interior.
A convenient understairs storage cupboard provides a practical space for coats and everyday essentials. To the left the impressive open-plan living/dining and kitchen area forms the heart of the home.
Flooded with natural light from a striking feature stone mullion window, this generous space is perfect for both relaxing and entertaining.
There is ample room for the comfortable seating and a dining table, creating a sociable environment for family gatherings.
The contemporary kitchen is thoughtfully designed with a good range of quality wall and base units and a Franke stainless steel sink.
It is equipped with a fitted AEG gas hob with extractor fan and Bosch double oven and a combination microwave, an AEG fridge and freezer and Bosch dishwasher.
Stylish vertical shelves provides additional storage, while discreet under-unit lighting enhances both practicality and ambience.
The ground floor also features Bedroom 1, a bright and tastefully presented room enjoying peaceful and countryside views.
the room and benefits from a spacious and well appointed en-suite shower room, finished with marble-effect walls sand fitted with a heated towel rail, LED illuminated vanity mirror, vanity sink unit, shower cubicle and extractor fan.
Upstairs, the landing provides access to a sizable airing cupboard housing the Ideal gas fired boiler. A secondary landing cupboard provides additional spacious storage area.
Bedroom 2 offers a tranquil retreat, enhanced by characterful traditional beam and a Velux window.
A striking floor-height stone mullion window offers a wonderful focal point and potential for a charming window seat. Two built-in storage cupboards offer convenient wardrobe and drawer space.
Bedroom 3, currently a twin room/super king conversion features a Velux window and generous fitted wardrobe within the eaves.
Traditional beams once again add charm and warmth complemented by generous fitted wardrobes.
The family bathroom is beautifully finished, featuring stone-effect wall tiles, wood-effect flooring and a stylish Vitra sink.
It includes a spacious bath with electric shower, WC, heated towel rail and cleverly integrated storage beneath and beside the sink.
This superb cottage forms part of a well maintained gated development offering residents a secure and peaceful setting with attractive communal gardens and ample parking.
Whether you are seeking a permanent home in the Lake District, a luxurious second home, or a property with proven potential as a successful holiday let, this exceptional cottage represents a rare opportunity.
An early viewing is highly recommended to fully appreciate everything this delightful home has to offer.
Entrance hall Living/dining room 6.37m x 3.75m (20'11" x 12'4") Kitchen 3.63m x 2.42m (11'11" x 7'11") Bedroom 1 3.90m x 3.03m (12'9" x 9'11") En-suite First floor Bedroom 2 5.05m x 2.93m (16'7" x 9'7") Bedroom 3 4.91m x 3.02m (16'1" x 9'11") Bathroom Property information: Services: Mains water, mains gas, mains electricity and shared septic tank.
Tenure: Leasehold, 974 years remaining. Management charges payable quarterly to Rowan is £801.48 (per quarter) and includes a sinking fund.
Council Tax: Exempt, business rates.1 April 2023- Current ratable value £4,350 Business rates: Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
What 3 Words and Directions From Cook's corner Roundabout, continue towards Troutbeck bridge. On Passing Troutbeck Bridge, you reach Ecclerigg. Mirk Lane is on the right hand side from the road.
Follow Mirk lane, and at the split, take the left turning. Merewood Lodge is on the right. ///notebook.intention.chips Viewings: Strictly by appointment with Hackney & Leigh.
Anti-money Laundering Regulations: Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML).
We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl.
vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction).
The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed.
In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).
Disclaimer: Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML).
We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl.
vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction).
The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed.
In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).
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 Middlerigg, 5 Merewood Lodge, Ecclerigg, Windermere LA23 1QB
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