According to the public record, 2 Burnbank Farm Cottages, Grange-Over-Sands is a modern freehold house with 688 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Lindale, Grange-Over-Sands, LA11 is located in the borough of South Lakeland within the LA11 postal district.
2 Burnbank Farm Cottages, Grange-Over-Sands has 101 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated December 2014.
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 Burnbank Farm Cottages Grange-Over-Sands as £283,269 and the rental value as £1,189 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2 Burnbank Farm Cottages Grange-Over-Sands has increased by £5,188 (1.8%) and its rental value has increased by £73 per month (6.1%).
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 Burnbank Farm Cottages, Grange-Over-Sands is in very good condition we estimate a sale value of £297,432 and rental value of £1,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,440 and a rental value of £1,106 per month.
If you were able to purchase this property for the estimated value of £283,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,392 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 data from HM Land Registry, 2 Burnbank Farm Cottages, Grange-Over-Sands sits on a plot of 220m2.
We have plot size data on 4 out of 6 other houses in the postcode and 2 Burnbank Farm Cottages, Grange-Over-Sands sits on the 3rd largest plot.
According to HM Land Registry, 2 Burnbank Farm Cottages, Grange-Over-Sands was last sold on 17 Dec 2020 for £270,000 and was recorded as a freehold house.
The property has had 10 sales since 1995.
Since Dec 2020, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Burnbank Farm Cottages, Grange-Over-Sands within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 3 Hillside Terrace, Grange-Over-Sands, LA11 6LU, a Freehold house which sold for £220,000 in Jun 2023.
Read more about house prices in LA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lindale, Grange-Over-Sands, LA11 has a total of 103 addresses. According to our analysis of all the public data, 2 Burnbank Farm Cottages, Grange-Over-Sands is the 75th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in LA11.
2 Burnbank Farm Cottages, Grange-Over-Sands has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Dec 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to 2 Burnbank Farm Cottages, Grange-Over-Sands is Grange-over-Sands station which is 2.7 kilometres away.