A charming period property in the heart of Windermere, with potential for an annexe, is on the market for £545,000.

The terraced house, located on Thornbarrow Road, offers flexible living across three floors.

The property is listed for sale with The Property Selling Company.

This home features four bedrooms, a sitting room, dining room, two kitchens, a lounge/optional bedroom, a family bathroom, two WCs, and a store room.

The layout of the house allows for the potential to create an annexe, making it ideal for multigenerational living or guest accommodations.

According to the estate agent, this property presents an outstanding investment opportunity.

It can be conveniently divided into a three-bedroom house and a one or two-bedroom apartment.

Both are already registered as separate entities with the local authority, so no planning permission is required.

This setup makes it an ideal choice for those interested in developing or investing in a holiday rental in the UK's busiest national park.

The home is an 'outstanding investment opportunity' (Image: The Property Selling Company) The estate agent said: "Set within walking distance to the vibrant town of Windermere, enjoy access to diverse dining, shopping, and recreational options, plus the awe-inspiring Lake Windermere.

"For commuters, Windermere Station is approximately 0.6 miles away, and the A591 offers easy connections."

The property is also conveniently located for families with children.

St Cuthberts Catholic Primary School, Goodly Dale Primary School, and St Martin & St Mary Church of England Primary School are all within 0.2 miles of the property.

The Lakes School, catering for ages 11 to 18, is two miles away.

The house is also close to Bowness on Windermere Ferry Terminal, Bowness Ferry Nab Ferry Landing, and Far Sawrey Windermere Ferry Terminal, making it an ideal base for those who enjoy exploring the local landscape.

The house features a kitchen with ample base cabinets and display shelving, as well as space for a range oven and under worktop and free-standing appliances.

One of the bedrooms is spacious with a dual aspect view and in-built storage, and it has its own en suite facilities.

The sitting room is a spacious reception with prepared floorboards, coving to the ceiling, and a front aspect view.

The dining room is a well-proportioned room with plentiful natural light from the dual aspect windows, including a bay window.

Wall and base cabinets are in the kitchen, with worktops and space for appliances.

The en suite bathroom offers a white bath with shower over and a washbasin.

Wooden double doors open to the front of the garage/workshop.

The house is approached over a front garden with shrubbery planting and a bordering Lakeland stone wall.

Steps lead up to the main, covered entrance.

To the side, there is access to the rear garden and garage.

The rear courtyard garden features paving and shrubbery planting to the borders.

This property is a standout choice for family life, entertaining, or enjoying the landscape.