According to the public record, 2 Corner Cottages, Grange-Over-Sands is a mid-century leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Corner Cottages, Charney Road, Grange-Over-Sands, LA11.
Charney Road, Grange-Over-Sands, LA11 is located in the borough of South Lakeland within the LA11 postal district.
2 Corner Cottages, Grange-Over-Sands has a single entry in the Land Registry database from July 2013 and a single entry in the EPC database dated May 2023.
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 2 Corner Cottages Grange-Over-Sands as £181,035 and the rental value as £814 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Corner Cottages Grange-Over-Sands has increased by £699 (0.4%) and its rental value has increased by £38 per month (4.7%).
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 2 Corner Cottages, Grange-Over-Sands is in very good condition we estimate a sale value of £190,087 and rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,363 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £181,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £890 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, 2 Corner Cottages, Grange-Over-Sands was last sold on 02 Jul 2013 for £154,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2013, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Corner Cottages, Grange-Over-Sands within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 2 Oreton Villas, Edenmount Road, Grange-Over-Sands, LA11 6BN, a Leasehold flat which sold for £190,000 in Feb 2022.
Read more about house prices in LA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charney Road, Grange-Over-Sands, LA11 has a total of 40 addresses. According to our analysis of all the public data, 2 Corner Cottages, Grange-Over-Sands is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in LA11.
2 Corner Cottages, Grange-Over-Sands has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2 Corner Cottages, Grange-Over-Sands is Grange-over-Sands station which is 1.0 kilometres 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 2 Corner Cottages, Grange-Over-Sands, 67.6% of property is privately owned outright and 17.3% 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 2 Corner Cottages, Grange-Over-Sands, 10.4% of residents are recorded as possessing school level qualifications and 48.6% 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 2 Corner Cottages, Grange-Over-Sands, the average age was 53.1 and the most common age was 72.
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 2 Corner Cottages, Grange-Over-Sands, 2.3% 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 2 Corner Cottages, Grange-Over-Sands, 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.