3-bedroom semi-detached house · CA11 0XB
Sold STCListed 583 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated to the edge of the Lake District National Park, with easy access to Keswick, Penrith and the Ullswater Valley, in well run holiday village with great onsite amenities including pool and restaurant, a fully equipped, 3 bedroom, modern end-link property, with proven income generation.
Conveniently located between Keswick and Penrith, with easy access to the Ullswater Valley and Northern Fells, Whitbarrow Village is a beautifully presented and maintained, fully enclosed holiday village providing luxury self-catering accommodation, with a host of leisure facilities and amenities on site.
Each property in the development is individually owned. The park owners (Seasons Holidays plc), have entered into a rental agreement with the current owner.
Under this rental agreement, they use 13 Kirkstone as a holiday rental unit, and for that pay the owners £6000 per annum, payable monthly in arrears.
Under the agreement, the proprietor is given four weeks of ‘self use’ at no cost.
Seasons Holidays cover the annual Service Charge and the Property Insurance ( but not the Ground Rent nor Business rates ), all running costs of the property itself (repairs, renewals, utilities, cleaning etc ) and all operational costs.
The current Rental Agreement terminates in 2026 When a property is sold on the open market the new owner can let the property privately, use another agent or indeed continue the arrangement with Seasons.
Being well presented and appointed, with spacious living accommodation to the ground floor, and 3 bedrooms, master ensuite, to the first floor, the property is well worthy of inspection.
Directions From Junction 40 of the M6, take the A66 towards Keswick.
After approximately 7 Miles take the right turn by the Sportsman’s Inn where there are brown and white signs to Whitbarrow Village, off the main road.
PLEASE NOTE - VIEWING IS STRICTLY BY APPOINTMENT ONLY Services Mains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested.
Utilities are billed by the site. 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, residents vehicle parking. • The property is leasehold, with 978 years remaining.
There is a ground rent of £100 per annum and a site service charge of £6722. There is no right of permanent occupation. Council Tax: The property is currently banded for business rates.
The current rateable value (1 April 2023 to present) is £3,200, however as the property is registered under the small business rate relief scheme the cost is zero.
Entrance Hall Downstairs WC Kitchen Dining Room 4.32m x 3.56m Living Room 4.83m x 3.56m Alcove 2.1m x 2.03m First Floor Landing Bedroom 1 3.56m x 2.95m Ensuite Shower Room 1.68m x 1.5m Bedroom 2 3.56m x 2.62m Bedroom 3 2.13m x 2.03m Bathroom 2.36m x 1.85m
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 13 Kirkstone Cottages, Whitbarrow Holiday Park, Berrier, Penrith, Cumbria
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