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28 Craig Walk, Bowness-on-Windermere, LA23 2HB - Image 1
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28 Craig Walk, Bowness-on-Windermere, LA23 2HB

North West

£615,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1340 sqft

Description

This detached bungalow presents a promising opportunity for renovation, set within a spacious plot featuring expansive gardens and breathtaking views of the fells. Located in a serene residential area, this property has been cherished by its current owners for years but is now poised for transformation. Originally constructed in 1963, the layout includes four bedrooms—three doubles and one single—a family bathroom, and a generous kitchen/diner that flows into a sizable living room with access to a balcony overlooking stunning landscapes. The under croft space provides additional potential as a workshop or storage area. While the property benefits from double glazing and gas central heating, it offers substantial scope for modernization and personal customization, ideal for those seeking to create their dream home or an investment opportunity in the picturesque Lake District region. With convenient access to Windermere village's amenities and nature trails right at your doorstep, this residence could be adapted into either a comfortable family home or an attractive holiday retreat.

Investment Analysis

(LA23 area)

Above Market Value

This property is priced +18.0% above area average per sq ft

+18.0%
This Property
£459/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£573,460
10% above area average per sq ft
Potential ROI
-15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LA23)

Area prices are falling by +17.0% over the last 12 months
3 year growth: -15.7%
5 year growth: -5.6%
Investment Disclaimer: Analysis based on LA23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

28 Craig Walk, Bowness-on-Windermere, LA23 2HB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,253
Based on a loan of £461,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE