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St. Giles, Elterwater, Ambleside, LA22 9HW

North West

£775,000

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Cottage
Area
811 sqft

Description

This charming Lakeland property, built in the 1900s, presents a unique opportunity for investors or homeowners looking to capitalize on its prime location and potential. Currently operated as a successful holiday let, the home benefits from beautiful views of the fells and surrounding woodland, making it an attractive retreat for guests. The interiors are beautifully finished with high-quality touches that blend original character with contemporary design. There is significant scope for further enhancements, particularly with the integrated garage that could be converted into additional living space or accommodation, subject to necessary permissions. The property’s elevated position also features a sunny patio area perfect for outdoor enjoyment. Parking for three cars adds practical convenience to this idyllic setting in a central village. With easy walking access to local amenities such as restaurants and shops, alongside nearby bus routes for further exploration of the region, this home is well-placed for both personal use and continued holiday rental success. The layout includes three bedrooms and two well-finished bathrooms, ensuring comfort and functionality. The kitchen and dining area serve as the heart of the home, allowing family gatherings or entertaining guests with ease. While the house is currently in good condition, slight updates through thoughtful renovation could further enhance its charm and value. Overall, this property not only offers immediate livability but also abundant potential for growth in investment value within one of Cumbria's most desirable locations.

Investment analysis

(LA22 area)

Above Market Value

This property is priced +90.6% above area average per sq ft

+90.6%
This Property
£956/sq ft
Area Average
£501/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£447,254
10% above area average per sq ft
Potential ROI
-46.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (LA22)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -16.9%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on LA22 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

St. Giles, Elterwater, Ambleside, LA22 9HW
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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
£2,928
Based on a loan of £581,250 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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