According to the public record, Flat 3, The Regent, Grange-Over-Sands is a period leasehold apartment and with 936 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Regent, Main Street, Grange-Over-Sands, LA11.
Main Street, Grange-Over-Sands, LA11 is located in the borough of South Lakeland within the LA11 postal district.
Flat 3, The Regent, Grange-Over-Sands has 41 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated August 2022.
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 3 The Regent Grange-Over-Sands as £191,816 and the rental value as £821 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 3 The Regent Grange-Over-Sands has increased by £668 (0.3%) 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 Flat 3, The Regent, Grange-Over-Sands is in very good condition we estimate a sale value of £201,407 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,389 and a rental value of £763 per month.
If you were able to purchase this property for the estimated value of £191,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £943 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 3, The Regent, Grange-Over-Sands was last sold on 29 Nov 2022 for £200,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, The Regent, Grange-Over-Sands within a radius of 100m over the last 2 years.
The most recent example is Flat 4, The Regent, Main Street, Grange-Over-Sands, LA11 6DY, a Leasehold flat which sold for £120,000 in Dec 2023.
Read more about house prices in LA11.
Main Street, Grange-Over-Sands, LA11 has a total of 125 addresses. According to our analysis of all the public data, Flat 3, The Regent, Grange-Over-Sands is the 28th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in LA11.
Flat 3, The Regent, Grange-Over-Sands has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2022.
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 Flat 3, The Regent, Grange-Over-Sands is Grange-over-Sands station which is 300 m 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 3, The Regent, Grange-Over-Sands, 48.2% of property is privately owned outright and 24.6% is privately rented.
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 3, The Regent, Grange-Over-Sands, 4.0% of residents are recorded as possessing school level qualifications and 41.1% 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 3, The Regent, 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 3, The Regent, Grange-Over-Sands, 1.1% 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 3, The Regent, Grange-Over-Sands, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.