2-bedroom terraced house · CA11 9EP
Listing removedListed 112 days · slow let
Opportunity summary
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About
Available from 30th JUNE 2026 Situated within walking distance of the town centre, a two-bedroom, mid-terraced barn conversion with rear garden and off-road parking space.
The double glazed and gas central heated accommodation briefly comprises entrance hall, cloakroom, lounge and dining kitchen. To the first floor there are two double bedrooms and bathroom.
Lawned rear garden and block paved parking space. Close to all the local amenities that Penrith has to offer.
The double glazed and central heated accommodation with approximate measurements briefly comprises: Front door into entrance hall. ENTRANCE HALL Radiator, doors to cloakroom and lounge.
CLOAKROOM Two piece suite comprising low level WC and pedestal wash hand basin. Radiator, vinyl flooring and double-glazed window.
LOUNGE (16`6 max x 13` max) Two double glazed windows to the rear, two radiators, beamed ceiling, staircase to the first floor, understairs storage cupboard and double doors to the dining kitchen.
DINING KITCHEN (16`3 x 9`7) Fitted kitchen incorporating sink unit with mixer tap, four ring gas hob with extractor hood above and oven below, plumbing for washing machine, space for fridge freezer, radiator, vinyl flooring, two double glazed windows and door to the rear.
FIRST FLOOR LANDING Radiator, double glazed Velux window, doors to bedrooms and bathroom.
BEDROOM 1 (12` max to built-in cupboards x 9`7) Double glazed window, radiator and built-in cupboards with shelving and hanging rails.
BATHROOM (7`6 x 5`5 sloping ceiling) Three-piece suite comprising mains shower above panelled bath, low level WC and pedestal wash hand basin.
Part tiled walls, radiator, double glazed Velux window and vinyl flooring. BEDROOM 2 (11`7 max x 10`4 max) Double glazed window, radiator and two storage cupboards - one housing the Worcester boiler.
OUTSIDE Lawned rear garden with block paved area providing off-road parking and a shared pathway leading to number 3 and other properties.
RENT £800pcm/ £184.61 pcw DEPOSIT £920 COUNCIL TAX BAND B TENANCY - Assured periodic (rolling) tenancy RESTRICTIONS Pets by negotiation. No Smokers.
VIEWING Cumbrian Properties, Fenton House, Corney Square, Penrith.
Tel NOTE These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in the employment of Cumbrian Properties has the authority to make or give any representation or warranty in relation to the property.
All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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.
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About Drovers Lane, Penrith CA11 9EP
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