3-bedroom terraced house · CA11 7XA
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well situated on the edge of the town centre in a quiet location, a well-presented, Grade II listed, three-bedroom mid-terraced home offering deceptively spacious, flexible accommodation.
Ideal for first-time buyers or buy-to-let investors, with potential to extend upwards (subject to consent).
Offered to the market with no onward chain, this appealing Grade II listed townhouse is quietly positioned just a short distance from the town centre, with well-maintained, neutral interiors that provide an excellent canvas for personalisation.
The property is currently arranged over two floors, with the ground floor comprising a sitting/dining room and a kitchen to the rear.
To the first floor are three well-proportioned bedrooms and a family bathroom.
The second floor, currently unused, offers clear potential to create additional living space or bedrooms, subject to the necessary consents, adding further versatility and value.
Planning permission had previously been obtained, reference number 06/0891. Externally, the property benefits from a low-maintenance rear yard, accessed via a shared passageway.
Ideal for a range of buyers, including first-time purchasers, buy-to-let investors, or those seeking a convenient lock-up-and-leave property, early viewing is recommended to fully appreciate the potential on offer.
Directions Albert Street runs between Sandgate and Hunters Lane. The property is mid way along.
Services Mains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested. Key Information: • Standard construction.
• We understand that broadband and mobile telephone reception are available. For an indication of speeds and supply please see the OFCOM website: • Vehicle parking is on road.
(Permit required) • The property is in a conservation zone.
• The property is Grade II listed • The adjoining property has a right of way through the passageway Sitting Dining Room 5m (max) x 4.3m (max) Kitchen 3.89m x 2.41m First Floor Landing Bedroom 1 3.25m x 2.84m Bedroom 2 3.89m x 2.44m Bedroom 3 4.14m (max) x 2.26m (max) Bathroom 1.96m x 1.68m
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 11 Albert Street, Penrith, Cumbria
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