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Market Place, Ulverston

North West

£165,000
Listed on 22/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This charming listed commercial building in Ulverston presents a unique opportunity for investors looking to capitalize on its character and prime location. The property features a spacious layout ideal for various commercial applications, and while it boasts several original elements that enhance its historic charm, it is currently in need of significant renovation. This offers the new owner a chance to modernize and customize the space to suit specific business needs and potentially increase its market value. Entering through the main façade, you'll find a generous shop front area that benefits from excellent visibility, making it perfect for retail operations or customer interaction. The layout is distinctive and characterful, providing ample options for creative display configurations. The building further comprises multiple interlinked store rooms accessible via corridors from the shop floor, providing considerable storage capabilities as well as potential workspace areas. Towards the back, there is a large storage room along with kitchen facilities and WC amenities—essential for staff use. Staircases lead to additional store rooms on the upper levels, arranged around a central landing that can serve diverse purposes including stock storage or office locations, ensuring operational efficiency away from customer-facing areas below. Overall, this property not only has substantial potential with its versatile layout but also stands as an opportunity to preserve and enhance a historic structure within the vibrant Ulverston community.

Investment Analysis

(LA12 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (LA12)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -8.0%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on LA12 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

Market Place, Ulverston
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£595
Based on a loan of £123,750 over 30 years at 4.06% 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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