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Saves Lane, Askam-in-Furness, Cumbria

North West

£230,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Cottage
Area
901 sqft

Description

This appealing semi-detached cottage, situated in the desirable village of Ireleth, presents an excellent opportunity for both homeowners and investors. While the property is already well-maintained with key features such as gas central heating, uPVC double glazing, and a modern kitchen and bathroom, there remains potential for further enhancement. The layout includes a generous lounge, a separate dining area, and three decent-sized bedrooms that could benefit from cosmetic updates or reconfiguration to increase functionality. The outdoor space offers off-road parking which adds convenience. This property is strategically located near local amenities like schools, shops, and transport links, making it an ideal candidate for those looking to invest in a community-focused area with solid commuting options to nearby towns. Viewing is recommended to explore the full potential this home has to offer.

Investment Analysis

(LA16 area)

Above Market Value

This property is priced +23.4% above area average per sq ft

+23.4%
This Property
£255/sq ft
Area Average
£207/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£205,059
10% above area average per sq ft
Potential ROI
-16.3%
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
31%
Properties sold annually

Local Market Trend (LA16)

Area prices are falling by -6.8% over the last 12 months
3 year growth: +19.7%
5 year growth: +25.7%
Investment Disclaimer: Analysis based on LA16 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

Saves Lane, Askam-in-Furness, Cumbria
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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