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Blawith, Ulverston, Cumbria

North West

£475,000

Listed on 21/09/2026

The listing

Property details

Bedrooms
3
Type
Cottage
Area
1592 sqft

Description

This charming former rectory, dating back to the 1830s, is nestled within the picturesque Lake District National Park, just a mile from Coniston Water. Hollybank offers three spacious double bedrooms and generous living areas, along with south-facing gardens and an attached former coach house, presenting a unique opportunity for renovation and enhancement. The property’s rich history adds character, while its potential for modernisation allows new owners to tailor the space to their preferences. With approximately 1,392 sq ft of living space and an additional 200 sq ft of garage and workshop area, the layout is both functional and inviting. The front of the house features a dining room and lounge, each with attractive bay windows that flood the rooms with natural light. The dining room boasts a traditional fireplace, creating a warm focal point, while the lounge offers ample space for family gatherings. A separate study at the rear serves as a versatile additional reception room, ideal for use as a home office or snug. At the heart of the home is the kitchen, fitted with traditional pine cabinetry and a slate-flagged floor that complements its character. A practical utility room provides rear access and leads to the former coach house, which offers valuable storage and workspace, with potential for future development into additional accommodation, subject to planning consent. On the first floor, a central landing leads to three well-proportioned double bedrooms, each benefiting from large windows that showcase views of the gardens and surrounding countryside. Two of the bedrooms include built-in storage. Completing this level is a generous bathroom that presents an opportunity for updating. Externally, Hollybank is approached via a gated driveway with parking, while the principal gardens are predominantly laid to lawn, bordered by hedging and traditional stone walls. Notably, four bee boles incorporated within the rear wall add historic interest. For those seeking a permanent Lakeland residence or a character property ripe for improvement, Hollybank represents a rare opportunity with significant potential for its next chapter.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

35out of 100
Grade ELow opportunity

Confidence: MEDIUM

Hollybank, a charming former rectory dating back to the 1830s, offers an appealing project for those looking to create a unique Lakeland home. The property boasts characterful spaces with natural light streaming in from attractive bay windows, particularly in the dining room and lounge. The generous living area and three well-proportioned double bedrooms present a solid foundation for renovation, while the south-facing garden adds further charm. There is notable potential to extend into the attached former coach house, subject to planning consent, which could enhance the living space significantly.

However, the asking price of £475,000, translating to £298/sqf, is 13.3% above the local average of £263/sqf, marking it as a dear option in the current market. When considering the renovation range of £50,000 to £100,000, the total investment could stretch to around £550,000, which is considerably above the implied current local average value of £419,412. This economic context raises concerns about the overall value proposition, making it crucial for potential buyers to carefully assess their renovation plans and budget against local benchmarks.

Even a workable headline price does not rescue the maths when the asking price is only one line of the budget; adding roughly £75,000 for works pushes total exposure towards £550,000, leaving a gap of around 24% versus area norms for this sqft. The economics score captures that squeeze; finished resale value is outside our model.

Key opportunities

  • Characterful living spaces with potential for modern updates
  • Scope to extend into the former coach house, subject to planning
  • A generous south-facing garden providing outdoor potential

Key risks

  • The total investment could exceed local value benchmarks, making the project financially stretched
  • Factor in roughly £550,000 all-in — £75,000 of works on top of the asking price — roughly 24% above what comparable floor area achieves locally in current condition; we have not assumed a post-renovation resale figure.

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Map

Location

Blawith, Ulverston, Cumbria
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 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.

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