According to the public record, 15 Lound Place, Kendal is a modern leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lound Place, Lound Street, Kendal, LA9.
Lound Street, Kendal, LA9 is located in the borough of South Lakeland within the LA9 postal district.
15 Lound Place, Kendal has 3 entries in the Land Registry database, most recently in February 2024 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Lound Place Kendal as £66,852 and the rental value as £458 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 15 Lound Place Kendal has increased by £1,352 (2.0%) and its rental value has increased by £26 per month (5.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15 Lound Place, Kendal is in very good condition we estimate a sale value of £70,195 and rental value of £481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,172 and a rental value of £426 per month.
If you were able to purchase this property for the estimated value of £66,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £329 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 15 Lound Place, Kendal was last sold on 05 Feb 2024 for £63,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15 Lound Place, Kendal within a radius of 0m over the last 2 years.
The most recent example is 34 Lound Place, Lound Street, Kendal, LA9 7FE, a Leasehold flat which sold for £58,000 in Apr 2023.
Read more about house prices in LA9.
Lound Street, Kendal, LA9 has a total of 77 addresses. According to our analysis of all the public data, 15 Lound Place, Kendal is the 49th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in LA9.
15 Lound Place, Kendal has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 15 Lound Place, Kendal is Kendal station which is 1.4 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15 Lound Place, Kendal, 46.2% of property is privately owned outright and 31.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15 Lound Place, Kendal, 14.6% of residents are recorded as possessing school level qualifications and 28.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15 Lound Place, Kendal, the average age was 45.7 and the most common age was 52.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15 Lound Place, Kendal, 0.7% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15 Lound Place, Kendal, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.