2-bedroom flat · CA11 9HB
Listing removedListed 102 days · slow let
Opportunity summary
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About
A first floor flat at the north end of Penrith. Offering 2 bedrooms, living room, kitchen and shower room. New gas central heating system and new refurbished shower room.
Rear garden and private parking space.
Accommodation The property offers the following accommodation: Entrance door to staircase and hallway Hallway - with cupboard containing a ducted warm air heating system, battery operated smoke alarm, power point and pendant light.
Living Room 3.33m x 4.41m with picture window with vertical blind, three spot light cluster, power points, TV point, central heating thermostat.
Kitchen 2.40m x 2.67m stainless steel sink with single drainer, new radiant hob, electric oven and grill, extractor fan, wall and base cupboard units with work surfaces and tiled splashbacks, Beko washing machine, three spot light bar, power points, fridge/freezer and tiled floor.
Bathroom/WC 1.93m x 1.95m large shower along one wall. Built in W/C and wash hand basin. Bedroom One 2.67m x 3.15m with cupboard, pendant light, power points and window blind.
Bedroom Two 3.76m x 3.01m with pendant light, power points, TV point and blinds. Private garden area on the south side of the plot. Material Information: • Standard construction.
• We understand that broadband and mobile telephone reception are available. For an indication of speeds and supply please see: • There is private off road vehicle parking.
Directions From the town centre head north up Stricklandgate, turn right onto Drovers Lane at the mini roundabout and then left into Macadam Way. Pembroke Place is at the top of the hill, on the left.
Proceed north from the car parking bay, turn west on the footpath and the property is on the left (south) side Services Mains water, electricity, drainage and gas central heating.
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
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 26 Pembroke Place, Penrith, Cumbria
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