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Iveing Cottage, Old Lake Road, Ambleside, LA22 0DJ
Guide Price £1,300,000
Bedrooms: 11
Bathrooms: 10
Type: House With Business Opportunity
Reception Rooms: 5

Property Details

Iveing Cottage provides a wonderful opportunity to acquire a highly versatile and substantial detached Lakeland property which will suit those looking for a life style change and or commercial business interest along with superb family accommodation with additional holiday apartment. A large traditional Lakeland property which originally dates back to the late 1700’s/early 1800’s and which has been extended to over the years including a Victorian extension and additional extension in 2017 by the present owners.

Although one building, it is comprised of three elements. Iveing Cottage North is the major portion of the property and forms the majority of the original building. Presently operating as group/family holiday accommodation. With seven bedrooms accommodating up to 16 people which is spread over three floors. Attached with private entrance and also internally connected is the owners/ managers house (Iveing Cottage) which was created in 2017 with a large modern extension assisting to create a beautifully presented large three bedroom property providing a superb family home. Offering a delightful combination of original features with modern appointments. Many original features including shuttered windows, exposed floor boards and high ceilings to name but a few. Iveing Cottage provides large three/four bedroom accommodation with stunning living room and kitchen diner along with two bathrooms, additional reception and excellent country views.

The final component is a one /two bedroom holiday letting apartment (Iveing Cottage Apartment) which adds to the versatility of the overall building. Presently operating as a two person letting property let through Sally’s Cottages. Although currently offering one bedroom there is a additional room which would easily convert into a double bedroom.

Ambleside is a highly regarded Lakeland town and the property is nestled in a enviable and gently elevated position with lovely west facing views towards the Lakeland fells. The property is nicely tucked away from the hustle and bustle of the centre of this most popular Lakeland town yet only a short walk to a wide variety of amenities including shops, restaurants, cafes, cinemas and public houses etc. There are endless fell and country walks and bike rides from the doorstep.

Directions On entering Ambleside from the south, proceed on Lake Road turning first right onto Old Lake Road. Proceed for approximately 400m and the property can be found on the right along with the parking. From the North turn left off Lake Road prior to the BP garage and the property is 300m on the left hand side.

The Business As previously mentioned the building is currently operated as holiday/ group accommodation and let through Sally’s Cottages. It has the potential to operate up to and around the VAT threshold across the two properties Iveing Cottage North and Iveing Cottage Apartment.

Previously the building /business operated as Ambleside YWCA and Ambleside Backpackers. If required Iveing Cottage North could easily be reverted back to this and is likely to be the most lucrative option. There is realistic scope to sleep 38 people as a Backpackers and the tariffs could range from circa £40 pppn on a weekend to £10-£38 pppn midweek depending upon the season.

Our clients have been gradually reducing the work load and have partially retired and are selling in order to retire.

Iveing Cottage North A substantial and major portion of the whole building dating back to the late 1700’s. This is the principle accommodation which is spread over three floors and provides seven bedrooms. .
The ground floor provides a cloaks area leading through to large and well equipped semi commercial kitchen. Leading on to a large dining room with lovely original features and also a sitting room.

The first floor provides two double bedrooms, one family room and one single room. All of which enjoy superb west facing aspect towards Loughrigg and surrounding Lakeland fells. Additionally there are two separate WC’s, a bathroom and three shower facilities.

The Second floor provides three bedrooms, one double, one family room (sleeps 6) and a single room. Shower room and two WC’s.

Additionally there is sheltered access to Laundry room from the ground floor.

Iveing Cottage

Accommodation Substantial recessed porch with large door leading into:

Hallway Attractive and wide space with open staircase. Leading through to:

Living Room A stunning and generously proportioned dual aspect room with feature woodburning stove set on a slate hearth with marble surround. Original exposed floorboards and cornice ceiling with shuttered windows providing superb views towards Loughrigg and Wetherlam. TV point. Access to the Conservatory.

Kitchen/Diner Extended in 2017, this room forms part of the modern extension which provides a lovely and contemporary selection of wall and base units with granite work surface and up stands. Sink unit and mixer tap with integrated Kenwood dishwasher. Slate tiled floor with wet underfloor central heating. Patio doors leading to the outside.

Utility Room Base unit and worktop with sink unit and mixer tap. Plumbing for washing machine. Slate tiled floor with wet underfloor central heating. Housing fuse box and cylinder.

Cloakroom With WC and slate tiled floor with wet underfloor central heating.

First Floor Split level landing leading to:

Wide Landing Highly useful reception area with vertical radiator, exposed beams and oak floor. Patio doors leading out to upper level garden. Leading through to:

Study With laminated wood floor and Skylight. Internal access to Iveing Cottage North and Iveing Cottage Apartment.

Bedroom Two A double dual aspect room with exposed beams and patio doors leading out onto the balcony. Attractive South facing views towards Latterbarrow.

Shower Room Lovely three piece suite comprising of corner shower cubicle, pedestal wash hand basin and WC. Half wall tiled with heated towel rail. Skylight and extractor.

Landing Built in cupboard. Leading to:

Front Bedroom One Spacious double dual aspect room with stunning views towards Wetherlam, Black Fell and Loughrigg.

Front Bedroom Three Spacious single/small double room with superb views towards Wetherlam, Black Fell and Loughrigg.

Bathroom Three piece suite comprising of panelled bath with shower attachment, twin vanity wash hand basin and WC. Partially exposed Lakeland stone wall and heated towel rail.

Iveing Cottage Apartment

Accommodation External steps leading up to private stable door. Leading into:

Kitchen With a selection of wall and base units with 1.5 stainless steel sink unit and mixer tap. Four ring gas hob and electric oven. Plumbing for dishwasher. Part wall tiled with wall mounted Potterton boiler.

Hallway With steps leading up to:

Living/Dining Room A light and airy dual aspect characterful room with original vaulted ceiling and exposed original beams. Views towards Latterbarrow and Fairfield Horseshoe. TV point.

Bedroom One Spacious South facing double room with views towards Latterbarrow.

Bathroom Three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and WC. Part wall tiled.

Inner hall accessing Iveing Cottage North.

Bedroom Two Currently utilised as a study, this room could easily be incorporated into an additional double bedroom for the apartment.

Outside The property is approached via two private drives each providing parking for between four and six vehicles.

Iveing Cottage North and Iveing Cottage apartment are accessed via the North drive and the owners/ management accommodation via the South drive.

Both drives provide access to the natural sloping fellside garden which has a vast array of mature shrubs and bushes. There are superb vantage points enjoying fantastic panoramic views over the rooftops towards the surrounding fells including Loughrigg, Wetherlam and Fairfield Horseshoe. There are three stone stores which provide useful storage facility.

Services All mains services. Gas central Heating.
Boilers are situated in Iveing Cottage North and Iveing Cottage Apartment.

Tenure Freehold

Council Tax Band/Rateable Value Iveing Cottage
Council Tax Band E

Iveing Cottage North
Rateable value £3,650. This could be reduced to ZERO if you are entitled to Small Business Rates Relief.

Iveing Cottage Apartment
Rateable Value. £2,500.

Ambleside Office
Ambleside Office
Loughrigg Villa
Kelsick Road
LA22 0BZ

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