Summary - MIDLAND BANK FLATS BLENCATHRA ST MARYS LANE AMBLESIDE LA22 9DG
1 bed 1 bath Flat
Ready-to-go holiday let above the former bank with strong income and walkable location.
Exceptional town-centre location with west-facing fell views
Set above a former bank in the heart of Ambleside, this attractively modernised one-bedroom apartment offers a compact, low-maintenance pied-à-terre or income-producing bolt-hole. The open-plan living/kitchen is light and dual-aspect, with high ceilings and west-facing views towards Todd Crag and the Fairfield Horseshoe — ideal for buyers who prioritise location and scenery over space. The flat is sold with all forward holiday bookings and contents, presenting immediate rental income and simple handover for a new operator or investor.
The property currently produces a strong holiday-let income (circa £28,400pa) and benefits from superfast broadband, central placement near shops, restaurants and walks, and an allocated off-street parking space available to rent (£53pcm). The lease is long (992 years remaining) and the service charge is modest (£519.27pa), which supports straightforward ongoing ownership costs for a town-centre apartment.
Buyers should note the apartment is small (c.381 sqft) and best suited to individuals, couples or an investor seeking a holiday-let. Heating is by electric room heaters rather than a central system, and the building’s stone walls are likely uninsulated — these factors affect running costs and may limit year-round use without further investment. There is a medium flood risk in the area, and the property is leasehold; council tax details are not provided.
Overall, this flat is a strong choice for someone wanting an immediately income-generating, low-upkeep property in one of the Lakes’ busiest towns. It suits buyers who value location, views and rental yield, and who accept compact living and potential additional costs for heating or insulation improvements.
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