Property · CA22 2AW
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The former Hartley’s Ice Cream Parlour offers a great investment or developement opportunity or business base.
The large site comprises: Shop / former Ice Cream Parlour 3 bed House Two residential 2 bed flats (occupied) Range of outbuildings Yard area Potential development (subject to planning) Description 24 Church Street is the former site of the renowned Hartley’s Ice Cream Parlour.
The site offers opportunity for a variety of purchasers whether it be for personal business use, an investment prospect or potential development.
The site comprises shop/retail area fronting onto Church Street with access to the rear yard from Croft Terrace.
Two 2-bedroom Flats currently let, a 3 bedroom house, range of outbuildings for storage, WC’s and a good size yard area for vehicle parking. The site is serviced by mains water and electricity.
The accommodation consists of: Shop floor/retail area with rear kitchen, cold store and office, previously used as the ice cream parlour.
External Staircase from yard leading to first floor flats Flat 1 Kitchen comprising fitted base and wall units, electric cooker and gas hob, living room, two bedrooms and bathroom with WC, sink and walk-in shower.
Rent £450pcm Flat 2 Kitchen comprising fitted base and wall units, electric cooker and gas hob, living room, two bedrooms and bathroom with WC, sink, bath with shower over.
Rent £450pcm Yard area A good-sized tarmac yard area to the rear of the property and a range of storage buildings House Utility area, Kitchen offering a range of wall and base units, electric cooker with gas hob and dishwasher.
Dining room, sitting room with wood burning stove, TV point, recessed shelving, stairs to first floor. Three bedrooms, bathroom with corner bath, electric shower over, WC, sink, towel rail.
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
Agent & docs
FAQ
About Church Street, 24, Formerly Hartleys Ice Cream, Cumbria
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