1-bedroom flat · CA13 9EU
Listing removedListed 158 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5 Castlegate is a charming, one bedroom, ground floor apartment blending character & charm with modern convenience.
The accommodation is impeccably presented having undergone refurbishment and transformation; the light and airy lounge enjoys lots of natural light, a contemporary dark blue kitchen includes integrated appliances, and a three piece bathroom and spacious double bedroom complete the apartment.
Perfectly situated, this is a superb opportunity to confirm a lovely rental property.
Open Plan Lounge/Dining Kitchen 5.47m x 4.42m Accessed via wooden entrance door with glazed inserts.
This is a light and airy, front aspect, room with heigh ceiling and twin bay windows.
The kitchen area comprises a range of base and wall units in a deep blue finish with complementary granite effect counter tops and upstands, and composite sink with drainage board and mixer tap.
Four-burner, counter top mounted, ceramic hob with acrylic splash back and extractor fan over, separate combination electric oven/grill, integrated fridge, freezer and washer/dryer.
Rear Hallway Providing access to the bedroom and bathroom. Laminate flooring and access to loft space (via hatch).
Bedroom 4.02m x 2.79m Side aspect bedroom with double glazed window.
Shower Room 1.74m x 2.49m Fitted with three piece suite comprising walk-in shower cubicle (electric shower), WC and wash hand basin in built in vanity unit.
Spotlighting and laminate flooring. Additional Information PFK work with preferred providers for certain services necessary for a house sale or purchase.
Our providers price their products competitively, however you are under no obligation to use their services and may wish to compare them against other providers.
Should you choose to utilise them PFK will receive a referral fee : Napthens LLP, Bendles LLP, Scott Duff & Co, Knights PLC, Newtons Ltd - completion of sale or purchase - £120 to £210 per transaction; Emma Harrison Financial Services – arrangement of mortgage & other products/insurances - average referral fee earned in 2023 was £222.00; M & G EPCs Ltd - EPC/Floorplan Referrals - EPC & Floorplan £35.00, EPC only £24.00, Floorplan only £6.00.
All figures quoted are inclusive of VAT. Directions From PFK offices on Main Street head east towards the Market Place to Castlegate, where the property can be found on the left hand side.
Referral Fee Disclosure PFK works with preferred providers for services relating to buying or selling property.
These providers offer competitive pricing, but you are under no obligation to use them and are free to choose alternatives.
If you do use these services, PFK may receive a referral fee as follows (all figures include VAT): • Conveyancing (Napthens LLP, Bendles LLP, Scott Duff & Co, Knights PLC, Newtons Ltd): £120 to £210 per completed sale or purchase.
• Auction – If you decide to sell your property via Auction House Cumbria following our introduction, the average referral fee earned for 2025 was £2,398 and is dependent on the final sale price.
• Financial Services (Emma Harrison Financial Services): average referral fee of £221 in 2024 for arranging mortgages, insurance, and related products.
• EPCs (M & G EPCs Ltd): £25 for EPC • Anti-Money Laundering (AML) Checks (via Landmark): between £8.50 and £15.50. Services Mains water & drainage. Electric central heating.
Please note: measurements are approximate so may reflect the maximum dimensions and the mention of any appliances/services within these particulars does not imply that they are in full and efficient working order.
Management Terms & Conditions Management: this property is managed by PFK. Terms: Rental: £750 PCM plus all other outgoings; deposit: equal to one month's rent.
Conditions: no smokers allowed. Please note; Immigration Act 2014, Anti-money Laundering and Sanction checks will apply.
Permitted Payments Permitted payments as per the Tenant Fee Act 2019: Rent; Tenancy deposit; Default fees (e.g.
lost keys £15 + cost); Contract variation (£50); Early termination (not exceeding landlord’s loss); Utilities and council tax as per tenancy agreement. All fees include VAT.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs

FAQ
About 5, Castlegate, Cockermouth, CA13
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