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003

Flats 1 - 4, Kingfisher House, Sandside, Milnthorpe, Cumbria LA7 7HW

Auction Ends: 28/07/2026

Property Type

Flat

Tenure

Freehold

Occupancy

Subject to a tenancy

Description

A residential investment opportunity comprising 4 no. two bedroom apartments which are fully let and producing £2,835 pcm (£34,020 per annum). The property is well maintained with all apartments being of a generous size, offering an immediate and reliable income stream.

The property is located in the hamlet of Sandside in a picturesque position overlooking the River Kent estuary. The village of Storth is nearby, together with Milnthorpe and Arnside. In addition, the Lake District National Park as well as Arnside & Silverdale National Landscape, Gait Barrows National Nature Reserve, Fell End Nature Reserve and other places of historic and nature significance are all within easy reach.

Access is via a private driveway off Park Road/Watersedge (B5282) between Kingfisher House and Heron's Quay, leading to four parking spaces at the rear of the property. There is also a secondary access to the rear from Quarry Lane.

The property offers an opportunity to increase rental income over time and, subject to obtaining the necessary consents, the potential to create additional accommodation by converting the double garage and potentially reconfiguring the duplex apartment.

Accommodation

Ground Floor:
Flat 1: A generously proportioned two-bedroom duplex comprising entrance hall, kitchen-diner, w/c and living room to the ground floor with two ensuite double bedrooms to the first floor, one with balcony overlooking the estuary. The flat benefits from majority UPVC double glazing and gas central heating and has use of the detached double garage.

Flat 2: Recently redecorated and with new carpets

comprising entrance hall, kitchen-living room, two double bedrooms and bathroom. The flat benefits from UPVC double glazing and electric central heating.

First Floor:
Flat 3: Entrance hall, kitchen-living room, two double bedrooms (one with ensuite w/c) with balcony access overlooking the hills to the rear and bathroom. The flat benefits from UPVC double glazing and electric central heating.

Second Floor:
Flat 4: A large top floor apartment comprising entrance hall, kitchen, living-dining room, two double bedrooms with balcony access, bathroom, w/c and eaves storage/cloakroom. The flat benefits from UPVC double glazing and electric central heating.

Tenure

Freehold

Planning

For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Westmorland and Furness Council, South Lakeland House, Lowther Street, Kendal, LA9 4DQ. Tel: 0300 373 3300. Email: planning4@westmorlandandfurness.gov.uk

Occupancy

Subject to a tenancy

Costs

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 

General

Council Tax:
The flats are listed with Council Tax assessments in Bands B and C.

Rental Income:
Each of the flats is let by way of an Assured Shorthold Tenancy agreement at the following rents. Flat 1: £895 pcm (£10,740 per annum) Flat 2: £700 pcm (£8,400 per annum) Flat 3: £545 pcm (£6,540 per annum) Flat 4: £695 pcm (£8,340 per annum)

Address

Flats 1 - 4, Kingfisher House, Sandside, Milnthorpe, Cumbria LA7 7HW

Guide Price

£340,000+

Key Features

  • Residential investment opportunity producing £34,020 per annum
  • Potential to grow rent and create additional accommodation
  • Close to Lake District National Park
  • EPC Rating: C

Our Nearest Office:

Manchester
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