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Smeaton Street, Barrow-in-furness, LA14 2EA - Image 1
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Smeaton Street, Barrow-in-furness, LA14 2EA - Image 4
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 5
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 6
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 7
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 8
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 9
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 10
Smeaton Street, Barrow-in-furness, LA14 2EA - Image 11

Smeaton Street, Barrow-in-furness, LA14 2EA

North West

£79,950
Listed on 05/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1269 sqft

Description

This mid-terraced home presents an excellent opportunity for those looking to invest in a property with significant renovation potential. While the residence is in need of modernization, it offers a solid foundation for improvements that could enhance its value and appeal to future tenants or buyers. The layout includes two spacious reception rooms separated by a central staircase, which also provides access to a full-length cellar beneath. The front reception serves ideally as a dining area, while the larger lounge features a central fireplace and connects directly to the kitchen. The kitchen is functional, equipped with shaker-style cabinets, contrasting worktops, and essential appliances including a gas hob and low-level oven. It also has provisions for additional appliances like an upright fridge/freezer and washing machine. Upstairs, you will find two double bedrooms tucked away from the main living spaces. The front bedroom includes built-in storage above the stairs, maximizing space efficiency. The rear bedroom leads into a large wet room fitted with modern sanitary ware and a mixer shower—a valuable feature for contemporary living. Located in a sought-after residential neighborhood popular with young families and rental investors alike, this property benefits from proximity to St. George's C of E primary school and nursery, as well as local conveniences such as shops and public transport links. Major supermarkets are just a short drive away, providing added convenience for everyday needs. With an appealing freehold tenure and services including mains gas, electricity, water, and drainage already in place, this property is poised for an astute buyer ready to engage in a refurbishment project that could yield considerable returns in the rental market or from resale after modernization.

Investment Analysis

(LA14 area)

Below Market Value

This property is priced -57.2% below area average per sq ft

-57.2%
Potential saving
This Property
£63/sq ft
Area Average
£147/sq ft
Avg Rent (weekly)
£161
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£205,337
10% above area average per sq ft
Potential ROI
+71.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LA14)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 5.7%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on LA14 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

Smeaton Street, Barrow-in-furness, LA14 2EA
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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
£293
Based on a loan of £59,962 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