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Kirkwood, Princes Road, Windermere, Cumbria, LA23 2DD

North West

£785,000

Listed on 25/06/2025

Property details

Bedrooms
6
Type
End Of Terrace
Area
3148 sqft

Description

Constructed in 1891, this Victorian slate and stone residence offers a unique opportunity for transformation into a primary family home. Located in the peaceful area of Windermere, just moments from the vibrant villages of Bowness and Windermere, this property retains its historical charm while featuring modern fixtures throughout. The property currently operates as a guest house with planning permission recently approved to convert it into a seven-bedroom home all with en-suite facilities. It boasts spacious communal areas like a generous dining room and multiple reception spaces, which can be reimagined to suit contemporary living needs. The lower ground floor includes additional rooms that can serve various purposes, providing ample space for accommodation or recreational activities. With two designated parking spaces and further on-street parking available, this property also features outdoor areas suitable for alfresco dining or gardening. Given its adaptable layout and prime location, there is substantial potential for renovation to increase value significantly while integrating personal style. The proximity to local amenities including shops, cafes, schools, and public transport adds further appeal for future occupants.

Investment analysis

(LA23 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£249/sq ft
Area Average
£397/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,373,866
10% above area average per sq ft
Potential ROI
+51.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LA23)

Area prices are falling by -16.7% over the last 12 months
3 year growth: -12.7%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on LA23 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

Kirkwood, Princes Road, Windermere, Cumbria, LA23 2DD
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,966
Based on a loan of £588,750 over 30 years at 4.45% 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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