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29 Park Road, Milnthorpe, Cumbria, LA7 7AD - Image 1
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29 Park Road, Milnthorpe, Cumbria, LA7 7AD

North West

£175,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1591 sqft

Description

This three-bedroom cottage presents an opportunity for those looking to invest in a property with significant renovation potential. Set in a desirable location overlooking recreational fields and the scenic hills of Dallam Park, this residence is ripe for transformation into a modern living space that honors its period charm. The property requires comprehensive renovation but holds promise as a blank canvas. Its current layout features a spacious double-fronted living room complete with original details and a log burner, two additional sitting rooms, and a kitchen area connected to a high-ceiling multi-functional room that offers expansive views of the garden and countryside. Existing kitchen units with integrated appliances are intact, along with access to both a pantry and a utility room, making it functional even in its current state. The secure rear garden is another highlight, providing ample opportunity for landscaping and outdoor entertainment once revitalized. Upstairs, the home boasts three well-proportioned double bedrooms and a bright shower room. The preservation of many original elements suggests character and history, offering rich inspiration for those looking to restore this property thoughtfully. The rear garden's uninterrupted vistas across the fields toward Dallam Park enhance its appeal as an ideal spot for al fresco dining or relaxation. For investors or developers, there is notable potential to adapt the existing structure into two separate dwellings—one could be configured as a cozy one-bedroom cottage while retaining the larger three-bedroom layout. This versatility presents unique possibilities for both personalized living arrangements and rental opportunities. Located in Milnthorpe, a vibrant village with essential amenities within walking distance—including schools for various age groups, healthcare facilities, independent shops, pubs, cafés, and supermarkets—this property is also conveniently situated just 10 minutes from the M6 motorway. A regular bus service connects local towns such as Lancaster and Keswick, enhancing its appeal for both commuters and leisure seekers. This property stands not just as an investment but as an exciting project in one of South Cumbria’s sought-after locales—an ideal opportunity for those looking to craft their dream home or expand their investment portfolio.

Investment Analysis

(LA7 area)

Below Market Value

This property is priced -64.5% below area average per sq ft

-64.5%
Potential saving
This Property
£110/sq ft
Area Average
£310/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£542,794
10% above area average per sq ft
Potential ROI
+97.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LA7)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -10.7%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on LA7 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

29 Park Road, Milnthorpe, Cumbria, LA7 7AD
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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
£641
Based on a loan of £131,250 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