13 bedroom end of terrace house for sale

The Crescent, 3 Gale Crescent, Lower Gale, Ambleside, Cumbria LA22 0BD

Sold STC £620,000

Property Description

Key features

  • Currently enjoying a superb income of 52,263 pa
  • Excellent 13 bedroomed student let
  • Superb location looking over Ambleside
  • A rare investment opportunity

Full description

Tenure: Freehold

Location From the centre of Ambleside head south onto Lake Road and at the edge of the village centre turn left onto Old Lake Road and then left again onto Low Gale. The property can be found a short distance along on the right hand side. This is a private road with roadside parking directly in front of the property. There are also two pedestrian short cuts to the village centre, one accesses the village at Market Place and the other on to Lake Road.  

Description Built in stone and slate this impressive four storey end of terraced property is currently let to The University Of Cumbria on two 5 year leases, both due to expire on 31st August 2019. The university pay a rent of £52,263 pa and sub-let the rooms to no more than 18 occupants. The rent increases annually by 1% to 2.5% negotiable and dependent upon annual utility increases for each year of the contract.The University is responsible for ensuring that the property is in a clean state at the end of any sub-letting. The Head Tenancy Agreements are available form our Ambleside office. There are two leases simply because the lower floor was not fully renovated when the initial lease was taken out and was initially excluded.

Whilst it is anticipated that the University may well not wish to take a new lease at the end of the term, it is considered that in any event the rooms would let readily due to the limited supply of such accommodation locally and the ever increasing demand. At the present time the use of the property, we understand, is covered under the University's umbrella with regards HMO requirements, so a "House in Multiple Occupation" licence may be required if the University was no longer the tenant in the future.

The rooms are very well proportioned, and many enjoy exceptional views over Ambleside to the fells and even to Lake Windermere and will be much in demand. The property as a whole was significantly upgraded for student letting in recent times and is a truly unique investment opportunity. 

Accommodation (with approximate dimesions)  

Ground Floor  

Entrance Hall Ideal for the storage of muddy boots and coats. 

Bedroom 1 14' 4" x 13' 10" (4.38m x 4.23m max.) A lovely and bright large double room with large bay window enjoying stunning views to the lake and the surrounding fells including the Coniston Range, Loughrigg and the Fairfield Horseshoe. Having a decorative ceiling rose, a double radiator, built in shelving and a wash hand basin with mirror over. 

Bedroom 2 13' 5" x 10' 2" (4.1m x 3.11m max.) A double room having built in shelving, a window, a radiator and a pedestal wash hand basin with mirror over. 

Bedroom 3 11' 9" x 9' 10" (3.6m x 3m) A double room having built in shelving, a window, a radiator and a pedestal wash hand basin with mirror over.  

Separate Shower Room Having a shower cubicle with Mira shower, radiator and Manrose extractor fan. 

Shower Room Having a three piece suite comprising a shower cubicle with Mira shower,pedestal wash hand basin and a WC. Also having a Manrose extractor fan. 

Seperate WC Having a WC and a wash hand basin. 

Kitchen 1 9' 10" x 8' 8" (3m x 2.66m) Having a range of wall and base units, an integrated stainless steel sink with mixer tap and drainer, a Tricity Bendix Tiara electric oven with four ring hob top, plumbing for an automatic washing machine, two windows, a radiator, part tiled walls and access to outside. 

Store / Hallway Having a window and a double radiator. 

Boiler Room Housing the Vaillant boiler and the hot water cylinder. 

A stone stairway leads to  

Basement  

Bedroom 4 14' 1" x 11' 9" (4.3m x 3.6m min.) A double bedroom having a window with views to Loughrigg summit, a double radiator and a built in wardrobe. 

Shower Room Having a shower cubicle with Mira shower, a wash hand basin with mirror over and a WC. Also having a ladder style heated towel rail and an Avenue extractor fan. 

Stairs from the entrance hall lead to  

First Floor  

Lounge 13' 1" x 9' 10" (4m x 3m) With space to both dine and relax and having a window and a double radiator. 

Kitchen 2 10' 2" x 9' 0" (3.11m x 2.75m) Having a range of wall and base units, an electric oven with four ring hob, a dual aspect, part tiled walls and a sink with drainer and mixer tap. 

Separate WC Having a pedestal wash hand basin with mirror over, a WC and an opaque window. 

Separate Shower Room Having a shower cubicle with Mira shower, a radiator and an opaque window. 

Bedroom 5 13' 8" x 12' 11" (4.18m x 3.95m min.) A lovely and bright large double room with a bay window enjoying stunning views to the lake and the surrounding fells including the Coniston Range, Loughrigg and the Fairfield Horseshoe and having two radiators. 

En Suite Shower Room Having a three piece suite comprising a shower cubicle with Mira shower, a wash hand basin with mirror over and a WC. 

Bedroom 6 10' 2" x 7' 6" (3.1m x 2.29m max.) A single room having lovely views to the surrounding fells, a wash hand basin and a radiator. 

Lockable Storage Cupboard Having built in shelving. 

Bedroom 7 11' 10" x 10' 11" (3.62m x 3.35m max.) A double room having access to the fire escape and a double radiator. 

En Suite Shower Room Having a three piece suite comprising a shower cubicle with Mira shower, wash hand basin with mirror over and a WC. 

A stairway leads to  

Second Floor  

Kitchen 3 12' 9" x 9' 10" (3.9m x 3m) Having a range of wall and base units, a sink with drainer and mixer tap, an electric oven with four ring hob top, a Vent Axia extractor fan, a window and a double radiator. 

Shower Room Having a shower cubicle with Mira shower, a radiator, an opaque window and a Vent Axia extractor fan. 

Separate WC Having a WC, a wash hand basin with opaque mirror over, an opaque window, a Vent Axia extractor fan and a radiator. 

Bedroom 8 14' 9" x 10' 5" (4.5m x 3.2m) A double room with lovely views to the surrounding fells, a radiator and a pedestal wash hand basin with light, mirror and shaver point over. 

Bedroom 9 11' 0" x 9' 10" (3.37m x 3m max.) A single room with lovely views to the surrounding fells, a double radiator and a pedestal wash hand basin with light, mirror and shaver point over. 

Bedroom 10 15' 6" x 11' 11" (4.74m x 3.65m) A double room having a wash hand basin with light, mirror and shaver point over, a radiator and access to the fire escape. 

Lockable Storage Cupboard Having built in shelving. 

A staircase from the landing leads to  

Third Floor  

Bedroom 11 14' 0" x 9' 7" (4.29m x 2.93m) A double room with lovely views to the lake and surrounding fells and having a double radiator, loft access and a wash hand basin with light, mirror and shaver point over. 

Bedroom 12 11' 11" x 10' 5" (3.64m x 3.2m) A single room with lovely views to the lake and surrounding fells and having a double radiator and a wash hand basin with light, mirror and shaver point over.  

Bedroom 13 17' 3" x 12' 1" (5.27m x 3.69m max.) A single L shaped room having lovely views to the lake and fells, a radiator and a wash hand basin with mirror over. 

Shower Room Having a three piece suite comprising a shower cubicle with Mira shower, a wash hand basin and a WC. Also having a ladder style heated towel rail, and opaque window and a Greenwood extractor fan. 

Outside The property benefits from two on road car parking spaces and has front and rear access and an external fire escape at the rear. 

Services The property is connected to mains water, electricity, gas and drainage.  

Tenure Freehold. The premises are currently let to The University of Cumbria on two leases both due to expire on 31st August 2019. The landlord is responsible for general repairs, insurance, utility charges and any business rates/council tax as may be applicable. The University sub-lets to students who are exempt. 

Council Tax Band G - South Lakeland District Council.

As the property is currently let to students, no rates are payable. 

Viewings Strictly by appointment with Hackney & Leigh Ambleside Office. 

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


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
06 March 2019

Nearest station

  • Windermere (4.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Hackney & Leigh, Ambleside

Hackney & Leigh Rydal Road Ambleside Cumbria LA22 9AW

01539 304021 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Hackney & Leigh, Ambleside

Hackney & Leigh Rydal Road Ambleside Cumbria LA22 9AW

01539 304021 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Windermere (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hackney & Leigh, Ambleside

Hackney & Leigh Rydal Road Ambleside Cumbria LA22 9AW

01539 304021 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100251014457. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hackney & Leigh, Ambleside. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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