Fine and Country Windermere

Matthews Benjamin Windermere Office

Fine & Country
Ellerthwaite Square
LA23 1DU

01539 733500


Under Offer

Meadow Bank and Garden Cottage, Elterwater, Ambleside

£1,250,000 Guide Price
  • Ref: 18169
  • Type: Detached House
  • Availability: Under Offer
  • Bedrooms: 6
  • Bathrooms: 4
  • Reception Rooms: 2
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Property Features

  • Located In The Quiet Village of Elterwater
  • Well Established Luxury Holiday Let
  • Vacant Possession Available On Completion
  • Wealth Of Original Features
  • Every Room Boasts A Beautiful View

Property Summary

Located in the heart of the Lake District National Park in the quiet village of Elterwater, surrounded by the dramatic peaks of Loughrigg Fell, Meadow Bank and The Garden Cottage presents an exciting opportunity to acquire this well established luxury holiday rental as a going concern, generating a gross annual income of approximately £66,000.

Full Details

Located in the heart of the Lake District National Park in the quiet village of Elterwater, surrounded by the dramatic peaks of Loughrigg Fell, Meadow Bank and The Garden Cottage presents an exciting opportunity to acquire this well established luxury holiday rental as a going concern, generating a gross annual income of approximately £66,000.

Originally built in the Victorian era, the main detached residence has been built with Lakeland stone in a traditional style to fit the stunning surrounds of the National Park. Offering a wealth of beautiful original features, the accommodation includes three reception rooms, a good sized kitchen and four double bedrooms to include a principal bedroom with ensuite. Each of the rooms offer unique views over this stunning area, whether it be over the gardens or stretching out across the fields to Loughrigg and Elterwater Common. Set in the garden is the fantastic addition of the The Garden Cottage, a one bedroom annexe that can be rented out separately to the main residence or as a complete package for those families looking for more privacy. Furthermore the private drive of the property affords private parking for three vehicles and there are two stone built outbuildings.

Elterwater is one of The Lake Districts greatest gems, a much photographed and painted beauty spot in the very heart of the National Park yet only a 10 minute drive from the vibrant town of Ambleside. Residents won’t have to travel far to enjoy some great food as the village has some great amenities to include the popular Britannia Inn, the adjoining Langdale Estate, with leisure facilities and there is also a village store half a mile away in Chapel Stile. Right from your doorstep you can enjoy stunning walks over the fells and countryside, whilst Ambleside town marks the head of Lake Windermere where you can enjoy a whole host of water sports, so it really is a great area for the whole family.

A pedestrian gate leads through the side lawn with trees shielding the property to give a private and tranquil first impression as you approach this traditional Lakeland stone home. The entrance door to the property is covered by an in keeping lattice work open porch. It opens into a welcoming entrance hall with original dado rail and access to an understairs cupboard.

Just off the entrance hall is a lovely and peaceful sitting room set away from the remaining ground floor rooms. The dual aspect creates a bright and airy space with striking views extending across the fields to Loughrigg Fell. There is also an open fire set within original marble surround with Victorian style tiling. Leading down the entrance hall you enter into the dining room which creates a fantastic space for formal dining and is open plan to the adjoining living room, creating a great space for socialising. Windows stretch along the south facing elevation capturing some beautiful rural views and there are even two window seats to enjoy as you watch the weather come in. The living room is set around an open fire with a slate surround and hearth, ideal for creating a cosy atmosphere in the winter months.

From the dining room a step leads up in to the wrap around kitchen that is finished with practical quarry tiled floors. The traditional wooden units provide plentiful storage and the worktops extend into a two seater breakfast bar. Appliances include a Belling 4 ring ceramic hob with Stove extractor above, an Electrolux double oven and grill and there is space for a tall fridge freezer. There are two storage cupboards available, one with space for an additional freezer. External access can be found from the kitchen leading out onto a paved patio and to the private drive for an additional entrance option.

The stairs lead up from the entrance hall to a bright gallery landing with a tall window perfectly capturing the view of Loughrigg Fell and space for occasional furniture. There are a total of four well proportioned double bedrooms available, each of which are neatly presented as expected from a holiday let of this standard. The principal bedroom enjoys a sunny dual aspect and boasts some of the best views in the house stretching across the rural land to Loughrigg. There is also a fully tiled ensuite shower room and the remaining bedrooms share use of two bathrooms, in one of which there is a bath with shower over and the other affording both a bath a bath and separate shower.

Just across the private graveled drive is a large detached Lakeland stone built outbuilding, in keeping to the main property, utilised as a utility and laundry space for the holiday let. It is ideal as such with plentiful space for additional storage and washing facilities. There is also an attached outside WC. The Garden Cottage is located in the lower garden, set away slightly from the main residence for a more private setting. You enter into a well equipped kitchenette from which an inner hall leads to a built in storage cupboard and the shower room. Leading off to the other side of the kitchen you enter into a lovely double bedroom that is open to the living room set within curved windows that provide a lovely view for both the living and bedroom area over the garden and adjoining fields.

The grounds of Meadow Bank enfold the property to create a private and tranquil retreat, surrounded by the picture perfect countryside of the National Park. The private gated graveled driveway provides comfortable parking for three vehicles. The upper garden provides a beautiful shaded lawn space with a selection of trees. The garden continues around the front of the property to a small patio area in front of the sitting room, from which you can enjoy an uninterrupted view to Loughrigg. The lower garden is where you will find The Garden Cottage as well as further lawn and patio space that again enjoys a lovely view and there is a smaller stone built outbuilding.

Travelling from Ambleside along the A593 towards Skelwith Bridge, continue to follow signs to Elterwater, branching off right to join the B5343. Continue along this road for approximately 1.4 miles before turning left, signposted to Elterwater. Continue for approximately 0.2 miles and the entrance drive of the property is located on your left hand side.

Mains water, drainage and electric. Oil fired central heating.

Freehold. Vacant possession on completion.

Rateable Value
£10,250.00. Actual amount payable £5,114.75. This could be reduced to ZERO if the purchaser is entitled to Small Business Rates Relief. More details can be obtained from the Local Authority South Lakeland District Council 01539 733333