2-bedroom flat · LA21 8EW
Sold STCReduced £25.1k (−9.1%) on 22 MayListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Views, Views, Views! A superbly presented, 2 bedroom, top floor apartment, centrally located and with fabulous views to Coniston Old Man and the surrounding fells.
Currently a 4* holiday let with approximately a £25,000 turnover, this stunning property is offered with all the fixtures and fittings and is definitely one not to be missed!
Accessed via a well maintained communal entrance, this attractive apartment opens into a private hallway and offers a bright dual aspect, well presented living room with delightful fell and mountain views.
There is a separate contemporary breakfast kitchen, again with lovely views and offering ample space for both cooking and dining.
With soft grey wall and base units, inset stainless steel sink, wood work surfaces, and integrated appliances of; 4 ring induction hob, double oven and extractor fan.
The modern touches of tiled splash back and laminate flooring finish the area off perfectly, this immaculate kitchen has everything one could need to cook up a delicious meal.
There are two generously sized double bedrooms, bedroom one being dual aspect and enjoying the most wonderful views towards The Old Man and Grizedale Forest - the perfect scene for those morning coffees.
Bedroom two, which also has stunning views, so there's a treat for the eyes for all guests.
The superb bathroom is spacious and modern with a freestanding roll top, claw foot bath, enclosed corner shower, WC and pedestal wash hand basin.
There is also a heated towel rail and an illuminated mirror. The perfect, relaxing bathroom to take a soak after a long day on the high fells.
From the hallway there is a box room with skylight which is an ideal storage room but could perhaps be utilised as a small home office or bike store.
Outside there is a bin store for both properties and the current owners have a private arrangement with a neighbour for a car parking provision at £100 per month.
The property benefits from gas-fired central heating and double glazing, making it comfortable and economical to run whether used as a permanent residence, a weekend retreat, or a holiday let.
An excellent property in a highly desirable location, early viewing is strongly recommended. Accommodation (with approximate measurements) Communal Entrance Hall and stairs to both properties.
Private Entrance Hall Living Room 12' 10" x 13' 6" (3.91m x 4.11m) Breakfast Kitchen 12' 2" x 10' 4" (3.71m x 3.15m) Store 5' 6" x 3' 5" (1.68m x 1.04m) Bedroom 1 12' 10" x 10' 9" (3.91m x 3.28m) Bedroom 2 10' 9" x 9' 1" (3.28m x 2.77m) Bathroom Property Information Tenure The property is understood to be leasehold for a term of 999 years from 2000 at a peppercorn ground rent plus a service charge levied at 20% of the annual expenditure for the building as a whole.
Business Rates Rooftops has a rateable value of £2,650 with £1,322.35 being payable to Westmorland and Furness Council for 2025/2026. Small business rates relief may be available.
Services The property is connected to all mains gas, water, drainage and electricity. There is gas fired central heating to radiators and double glazing.
Broadband Superfast Broadband is available on Openreach network. Mobile Services Likely service from EE, Vodafone, o2 and Three.
Energy Performance Certificate The full Energy Performance Certificate is available on our website and also at any of our offices.
Directions On entering Coniston from Yewdale Road continue through the village over the bridge passing the petrol station which is on the left.
Take the next left into Lake Road and Flat 2 Fernlea can be found on the right hand side with plenty of on-street car parking available just past the property.
The central location makes an ideal position for access to all of the village amenities. What3Words ///lightens.acquaint.belonged Viewings Strictly by appointment with Hackney & Leigh.
Anti Money Laundering 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 All permits to view and particulars are issued on the understanding that negotiations are conducted through the agency of Messrs. Hackney & Leigh Ltd.
Properties for sale by private treaty are offered subject to contract.
No responsibility can be accepted for any loss or expense incurred in viewing or in the event of a property being sold, let, or withdrawn. Please contact us to confirm availability prior to travel.
These particulars have been prepared for the guidance of intending buyers. No guarantee of their accuracy is given, nor do they form part of a contract.
*Broadband speeds estimated and checked by on 13/02/2026.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Rooftops, 2 Fernlea, Lake Road, Coniston, LA21 8EW
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