According to the public record, Flat 1, Tower House, Grange-Over-Sands is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Tower House, Cavendish Street, Cartmel, Grange-Over-Sands, LA11.
Cavendish Street, Cartmel, Grange-Over-Sands, LA11 is located in the borough of South Lakeland within the LA11 postal district.
Flat 1, Tower House, Grange-Over-Sands has 31 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated April 2016.
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 Flat 1 Tower House Grange-Over-Sands as £248,483 and the rental value as £1,039 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 Tower House Grange-Over-Sands has increased by £2,851 (1.1%) and its rental value has increased by £58 per month (5.5%).
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 Flat 1, Tower House, Grange-Over-Sands is in very good condition we estimate a sale value of £260,907 and rental value of £1,091 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,089 and a rental value of £967 per month.
If you were able to purchase this property for the estimated value of £248,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 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, Flat 1, Tower House, Grange-Over-Sands was last sold on 11 Jan 2022 for £275,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Tower House, Grange-Over-Sands within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Flat 1, Church Town House, The Square, Grange-Over-Sands, LA11 6QB, a Leasehold flat which sold for £295,000 in Aug 2023.
Read more about house prices in LA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Street, Cartmel, Grange-Over-Sands, LA11 has a total of 15 addresses. According to our analysis of all the public data, Flat 1, Tower House, Grange-Over-Sands is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in LA11.
Flat 1, Tower House, Grange-Over-Sands has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Apr 2016.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to Flat 1, Tower House, Grange-Over-Sands is Cark & Cartmel station which is 2.9 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 Flat 1, Tower House, Grange-Over-Sands, 54.9% of property is privately owned outright and 23.5% 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 Flat 1, Tower House, Grange-Over-Sands, 17.6% of residents are recorded as possessing school level qualifications and 44.7% 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 Flat 1, Tower House, 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 Flat 1, Tower House, Grange-Over-Sands, 0.8% 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 Flat 1, Tower House, Grange-Over-Sands, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.