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See how verdicts work2-bedroom flat · LA23 3DT
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description: A 2 bedroomed first floor flat in this centrally located development in the heart of Bowness on Windermere with private shared parking and easy access to everything the village has to offer.
Location: Quarry Rigg is set back slightly from the main "Lake Road" roughly behind the Lake Road public car park below the former Royalty Cinema.
Access is via the communal stairs between the Escape Rooms and Age UK to the front.
Shared communal parking is at the rear of the development and is accessed by going down Longlands Road, bearing left at the bottom of the hill, then left after Badger Press and the parking is a short way down on the left.
Property Overview: Perhaps in need of a bit of an uplift, a two bedroomed first floor apartment in this popular development.
The accommodation comprises of an open plan living room with kitchen area, 2 good sized bedrooms and modern bathroom. The property has electric heating and uPVC double glazed windows.
Accommodation: (with approximate measurements) Entrance Hall Bedroom 2 10' 2" x 10' 0" (3.1m x 3.05m) Bathroom Bedroom 1 13' 0" x 9' 7" (3.96m x 2.92m) Living Room 15' 7" x 14' 1" max (4.75m x 4.29m) Kitchen 6' 1" x 5' 8" (1.85m x 1.73m) Property Information: Services: Mains water, drainage and electricity.
uPVC double glazing to windows. Tenure: Long leasehold for the remainder of a 999 year lease from 1995.
Maintenance charge for communal areas of £547.50 per quarter inclusive of block buildings insurance with a ground rent of £15.00 per annum. Council Tax: Westmorland and Furness Council - Band B.
Viewings: Strictly by appointment with Hackney & Leigh Windermere Sales Office.
Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
What3Words: ///perform.seat.frown Notes: *Checked on 30th September 2024 - not verified.
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).
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 46 Quarry Rigg, Bowness-on-Windermere, LA23 3DT
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