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Micklewell Cottage

North West

£115,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Micklewell Cottage presents a solid investment opportunity in the quaint village of Gleaston, nestled conveniently between Barrow-in-Furness, Dalton-in-Furness, and Ulverston. This mid-terraced barn conversion, originally completed several years ago, is now in need of significant refurbishment. The property boasts a generous lounge featuring a classic fireplace, along with a separate dining area and kitchen on the ground floor. Upstairs, you will find a fitted bathroom and four double bedrooms, all offering ample space for future development or customization. The extensive rear garden provides further potential for enhancement or outdoor living. With no onward chain, this property invites buyers to envision its future with their own design choices. Gleaston itself is steeped in history and charm, providing a picturesque backdrop to this renovation project that could transform Micklewell Cottage into a desirable residence or rental investment.

Investment Analysis

(LA12 area)
Area Average
£264/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LA12)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -7.8%
5 year growth: +7.6%
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

Micklewell Cottage
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 over 30 years at 3.97% 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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