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16 Fairbank, Kirkby Lonsdale, LA6 2BD - Image 1
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16 Fairbank, Kirkby Lonsdale, LA6 2BD

North West

£240,000
Listed on 22/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
601 sqft

Description

This charming mid-terrace cottage, boasting approximately 601 sq ft (55.8 sq m) of internal space, presents an appealing investment opportunity in a highly regarded town. While the property has been a rental for several years, it is now primed for refurbishment, allowing for customization to enhance its charm and functionality. The sitting room features a stone fireplace and gas fire, creating a cozy atmosphere, while the rear dining kitchen offers practical base and wall units with convenient access to the shared yard. Upstairs, discover two bedrooms—a small double equipped with built-in wardrobes and a single bedroom—alongside a box room with additional storage and a traditional bathroom. The location is ideal for both personal use and rental potential, given the proximity to local amenities such as shops, schools, and medical facilities. Outdoor enthusiasts will appreciate nearby access to scenic natural areas including the Lune Valley and Lake District. Although private parking is not available, on-street options are plentiful. This property is an excellent choice for those looking to invest in an area with strong rental demand or create a personalized retreat.

Investment Analysis

(LA6 area)

Above Market Value

This property is priced +37.4% above area average per sq ft

+37.4%
This Property
£399/sq ft
Area Average
£291/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£192,083
10% above area average per sq ft
Potential ROI
-27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LA6)

Area prices are falling by +7.7% over the last 12 months
3 year growth: 1.9%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on LA6 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

16 Fairbank, Kirkby Lonsdale, LA6 2BD
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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
£879
Based on a loan of £180,000 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