Sold STC Flat

2

THE STABLES, BANK ROAD, WINDERMERE, WESTMORLAND AND FURNESS LA23 2JW

1 beds 1 baths 248 sq ft Listed 23 Dec 2022 (-1268d)

£165,000

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# 1 bedroom apartment for sale (LA23 2JW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, THE STABLES, BANK ROAD, WINDERMERE, WESTMORLAND AND FURNESS LA23 2JW |
| Price | £165,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 23 m² |
| Last sold | £161,813 Apr 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 18/12/2032
- **Current heating cost:** £771/year
- **Est. upgrade cost to C:** £10,500

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- L2 (£400 - £600)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2150-0672-7120-9094-1191)

## Description

**Description:** **** A neatly presented ground floor studio apartment located in a traditional stone and slated building which was converted into 5 units many years ago. The property has been used for holiday letting and all furnishings can be made available by separate negotiation. The property comprises of Living/Bedroom Area, kitchen area with a range of fitted wall and base units, Belling electric cooker, inset stainless steel sink unit and logic fridge. Modern shower room with 3 piece White suite of WC, pedestal washbasin, shower and heated towel rail.

**Location:** **** Just off the main Lake Road in Bowness away from the busy thoroughfare yet close to all the local amenities including banks, post office, shops etc. Proceed down Lake Road bearing right just past Biskey Howe Road into Bank Road. Proceed along the gravel road and The Stables is on the left (behind the Lonsdale Hotel).

**Accommodation:** **(with** **approximate** **measurements)** ****

**Living/Bedroom** **Area/Kitchen** **Area** **20' 8 max" x 13' 10 max" (6.3m x 4.22m)**

**Shower** **Room** ****

**Services:** **** Mains water, drainage and electric connected.

**Business** **Rates:** **** South Lakeland District Council. Rateable value of £2,900, with the amount payable of £1,421 for 2022/23. Small business rates may be available.

**Tenure:** **** Leasehold for the remaining 999 years. We understand that all 5 flat owners are joint owners in the management company. A maintenance charge is currently levied at £585 per year which includes buildings insurance.

**Viewing:** **** Strictly by appointment with Hackney & Leigh Windermere Sales Office.

**Energy** **Performance** **Certificate:** **** The full Energy Performance Certificate is available on our website and also at any of our offices.

**What3Words:** ****

**Notes:** **** *Checked on   20th December 2022 - not verified.

## Property Photos

- ![Front Elevation](/listings/photos/130199732/601728) - Front Elevation
- ![Living/Bedroom Ar...](/listings/photos/130199732/601729) - Living/Bedroom Ar...
- ![Kitchen Area](/listings/photos/130199732/601730) - Kitchen Area
- ![Kitchen Area](/listings/photos/130199732/601731) - Kitchen Area
- ![Living/Bedroom Ar...](/listings/photos/130199732/601732) - Living/Bedroom Ar...
- ![Living/Bedroom Ar...](/listings/photos/130199732/601733) - Living/Bedroom Ar...
- ![Kitchen Area](/listings/photos/130199732/601734) - Kitchen Area
- ![Front Elevation](/listings/photos/130199732/601735) - Front Elevation
- ![Kitchen Area](/listings/photos/130199732/601736) - Kitchen Area
- ![Living/Bedroom Ar...](/listings/photos/130199732/601737) - Living/Bedroom Ar...
- ![Shower Room](/listings/photos/130199732/601738) - Shower Room
- ![View](/listings/photos/130199732/601739) - View
- ![Front Elevation](/listings/photos/130199732/601740) - Front Elevation
- ![Living/Bedroom Ar...](/listings/photos/130199732/601741) - Living/Bedroom Ar...
- ![Kitchen Area](/listings/photos/130199732/601742) - Kitchen Area
- ![Communal Entrance](/listings/photos/130199732/601743) - Communal Entrance
- ![Kitchen Area](/listings/photos/130199732/601744) - Kitchen Area
- ![Shower Room](/listings/photos/130199732/601745) - Shower Room
- ![View](/listings/photos/130199732/601773) - View
- ![Photo](/listings/photos/130199732/601778)
- ![Photo](/listings/photos/130199732/601779)
- ![Photo](/listings/photos/130199732/601780)
- ![Photo](/listings/photos/130199732/601781)
- ![Photo](/listings/photos/130199732/601782)
- ![Photo](/listings/photos/130199732/601783)
- ![View](/listings/photos/130199732/601793) - View

## Floorplans

- ![Floorplan 1](/listings/photos/130199732/601806) - Floorplan 1

## EPC Graphs

- ![EPC Front Page](/listings/photos/130199732/601824) - EPC Front Page

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #10148978
- **Address:** 2 The Stables, Bank Road, LA23 2JW
- **Certificate Issued:** 20/03/2014
- **Work Completed:** 26/02/2014
- **Items:** 3 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE STABLES 2 BANK ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JW | £161,813 | 06/04/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MYLNBECK COURT 6 LAKE ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JE | £233,000 | 12/12/2025 | Flat |
| BERESFORD COURT FLAT 7 LAKE ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JL | £215,000 | 28/03/2025 | Flat |
| 123A CRAIG WALK, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3AX | £270,000 | 06/12/2023 | Flat |
| 48A QUARRY RIGG, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3DT | £250,000 | 30/11/2023 | Flat |
| BERESFORD COURT FLAT 7 LAKE ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JL | £170,000 | 06/03/2023 | Flat |
| MEREWYKE COURT THE BASEMENT FLAT NORTH TERRACE, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3AU | £139,950 | 09/11/2022 | Flat |
| MERE WYKE COURT 1 NORTH TERRACE, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3AU | £139,950 | 09/11/2022 | Flat |
| 2 THE FLAT GROSVENOR TERRACE, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3BS | £290,000 | 28/10/2022 | Flat |
| 4 ELIM MEWS, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 2JY | £285,000 | 26/10/2022 | Flat |
| 16 QUARRY RIGG, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3DT | £240,000 | 21/10/2022 | Flat |
| 5A QUARRY RIGG, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3DT | £205,000 | 18/10/2022 | Flat |
| BISKEY HOWE FLAT 6 BISKEY HOWE ROAD, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 2JP | £210,000 | 30/09/2022 | Flat |
| ENIGMA HOUSE APARTMENTS 2 LAKE ROAD, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3AP | £325,000 | 16/09/2022 | Flat |
| PATTINSON HOUSE FLAT 6 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ | £272,200 | 04/07/2022 | Flat |
| PATTINSON HOUSE FLAT 3 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ | £272,200 | 12/05/2022 | Flat |
| PATTINSON HOUSE FLAT 2 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ | £282,200 | 28/04/2022 | Flat |
| PATTINSON HOUSE FLAT 4 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ | £272,200 | 28/04/2022 | Flat |
| PATTINSON HOUSE FLAT 5 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ | £272,200 | 12/04/2022 | Flat |
| PATTINSON HOUSE FLAT 1 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ | £282,200 | 05/04/2022 | Flat |
| 2A CHESTNUT TREE HOUSE MISS POTTERS LOFT LAKE ROAD, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3BT | £265,000 | 24/03/2022 | Flat |

**Area average:** £244,555 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £165,841 (11 Flat, LA23, 2024–2026)
- **Deviation:** -0.5%

## Rental Range

*ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £856/mo
- **Realistic:** £951/mo
- **Optimistic:** £1,046/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for North Cumbria (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £394/mo

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £118,875
- **Target investor price (1%):** £95,100

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £7,174/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -24.2%
- **10y growth:** -6.2%

## House Price Index (HM Land Registry)

*Official index for North West; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -7.4%
- **5y growth (index):** 6.8%
- **10y growth (index):** 45.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Elevation Living/Bedroom Ar... Kitchen Area Kitchen Area Living/Bedroom Ar... Living/Bedroom Ar... Kitchen Area Front Elevation Kitchen Area Living/Bedroom Ar... Shower Room View Front Elevation Living/Bedroom Ar... Kitchen Area Communal Entrance Kitchen Area Shower Room View Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 View

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Property details

Tenure

LEASEHOLD

Floor area

23 m²

EPC rating

Year built

England and Wales: before 1900

Last sold

£161,813 Apr 2023

Price per m²

£7,174/m²

Local average

£165,841 (-0.5%)

Deprivation

Decile 8 (26,941 of 33,755)

Street crime

47 incidents within 1 mile (Apr 2026)

Key features

Studio apartment
1 Reception room & shower room
Quiet location
Ideal first time buyer or holiday bolt hole
Close to amenities and schools
In good decorative order
uPVC double glazed windows
Superfast Broadband Speed of 80MBPS

Description

Description: ** A neatly presented ground floor studio apartment located in a traditional stone and slated building which was converted into 5 units many years ago. The property has been used for holiday letting and all furnishings can be made available by separate negotiation. The property comprises of Living/Bedroom Area, kitchen area with a range of fitted wall and base units, Belling electric cooker, inset stainless steel sink unit and logic fridge. Modern shower room with 3 piece White suite of WC, pedestal washbasin, shower and heated towel rail.

Location: Just off the main Lake Road in Bowness away from the busy thoroughfare yet close to all the local amenities including banks, post office, shops etc. Proceed down Lake Road bearing right just past Biskey Howe Road into Bank Road. Proceed along the gravel road and The Stables is on the left (behind the Lonsdale Hotel).

Accommodation: (with approximate measurements)

Living/Bedroom Area/Kitchen Area 20' 8 max" x 13' 10 max" (6.3m x 4.22m)

Shower Room

Services: Mains water, drainage and electric connected.

Business Rates: South Lakeland District Council. Rateable value of £2,900, with the amount payable of £1,421 for 2022/23. Small business rates may be available.

Tenure: Leasehold for the remaining 999 years. We understand that all 5 flat owners are joint owners in the management company. A maintenance charge is currently levied at £585 per year which includes buildings insurance.

Viewing: Strictly by appointment with Hackney & Leigh Windermere Sales Office.

Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.

What3Words:

Notes: ** *Checked on 20th December 2022 - not verified.

Listed by

Windermere

Hackney & Leigh

Reference: 130199732

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 19/12/2022

Expiry date: 18/12/2032

Current heating cost: £771/year

Potential heating cost: £222/year

Est. upgrade cost to C: £10,500

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)
High heat retention storage heaters (£400 - £600)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC Front Page

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #10148978

Property Details

Street: 2 The Stables

Town: Bank Road

Postcode: LA23 2JW

Installation Details

Items: 3 windows

Certificate Issued: 20/03/2014

Work Completed: 26/02/2014

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	06/04/2023 (3 years ago)	£161,813	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
MYLNBECK COURT 6 LAKE ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JE	£233,000	12/12/2025	Flat
BERESFORD COURT FLAT 7 LAKE ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JL	£215,000	28/03/2025	Flat
123A CRAIG WALK, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3AX	£270,000	06/12/2023	Flat
48A QUARRY RIGG, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3DT	£250,000	30/11/2023	Flat
BERESFORD COURT FLAT 7 LAKE ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2JL	£170,000	06/03/2023	Flat
MEREWYKE COURT THE BASEMENT FLAT NORTH TERRACE, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3AU	£139,950	09/11/2022	Flat
MERE WYKE COURT 1 NORTH TERRACE, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3AU	£139,950	09/11/2022	Flat
2 THE FLAT GROSVENOR TERRACE, BOWNESS ON WINDERMERE, WINDERMERE, WESTMORLAND AND FURNESS, LA23 3BS	£290,000	28/10/2022	Flat
4 ELIM MEWS, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 2JY	£285,000	26/10/2022	Flat
16 QUARRY RIGG, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3DT	£240,000	21/10/2022	Flat
5A QUARRY RIGG, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3DT	£205,000	18/10/2022	Flat
BISKEY HOWE FLAT 6 BISKEY HOWE ROAD, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 2JP	£210,000	30/09/2022	Flat
ENIGMA HOUSE APARTMENTS 2 LAKE ROAD, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3AP	£325,000	16/09/2022	Flat
PATTINSON HOUSE FLAT 6 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ	£272,200	04/07/2022	Flat
PATTINSON HOUSE FLAT 3 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ	£272,200	12/05/2022	Flat
PATTINSON HOUSE FLAT 2 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ	£282,200	28/04/2022	Flat
PATTINSON HOUSE FLAT 4 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ	£272,200	28/04/2022	Flat
PATTINSON HOUSE FLAT 5 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ	£272,200	12/04/2022	Flat
PATTINSON HOUSE FLAT 1 BERESFORD ROAD, WINDERMERE, WESTMORLAND AND FURNESS, LA23 2FJ	£282,200	05/04/2022	Flat
2A CHESTNUT TREE HOUSE MISS POTTERS LOFT LAKE ROAD, BOWNESS ON WINDERMERE, WINDERMERE, SOUTH LAKELAND, CUMBRIA, LA23 3BT	£265,000	24/03/2022	Flat

Area average: £244,555 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -24.2%

10y growth -6.2%

House Price Index (HM Land Registry — official index, not sold-price averages): North West. Series: Flats and maisonettes. As of March 2026.

1y (index) -7.4%

5y (index) 6.8%

10y (index) 45.6%

Rental Range

Estimated market rent for North West. Low = conservative, Realistic = average, Optimistic = best case.

Low £856/mo

Realistic £951/mo

Optimistic £1,046/mo

Based on Region from postcode lookup → North West.

LHA (30th percentile) floor for North Cumbria: £394/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LA23 2JW

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Aqua	0.0 miles
Shop	Black Sheep Tattoo Studio	0.0 miles
Bus stop	Royalty Cinema (S bound)	0.1 miles
Bus stop	Royalty Cinema (N bound)	0.1 miles
Train station	Windermere	1.0 miles
Train station	Staveley	4.0 miles
University	University of Cumbria	5.0 miles
University	University of Cumbria Ambleside Campus	5.1 miles
Hospital	Westmorland General Hospital	8.5 miles

Street-level crime

Category	Count
Violence and sexual offences	28
Criminal damage and arson	4
Drugs	4
Public order	4
Shoplifting	3
Anti-social behaviour	2
Burglary	1
Other theft	1
Total incidents	47

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Goodly Dale Primary School	Primary	0.2 miles	— (Inspected (no overall grade))
St Cuthberts Catholic Primary School, Windermere	Primary	0.4 miles	Requires improvement — 15 Jan 2024
St Martin & St Mary Church of England Primary School	Primary	0.5 miles	Good — 18 Nov 2014
The Lakes School	Secondary	1.7 miles	Good — 6 Jan 2020
Windermere School	Other	2.9 miles	— (No rating)

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.58%

Max investor price (0.8%) £118,875

Target investor price (1%) £95,100

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).

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