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See how verdicts work3-bedroom house · CA11 0AY
For saleReduced £10.1k (−3.6%) on 14 OctListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned In The Quaint Country Village Of Newton Reigny, The Gateway To The Lake District, Sits The Warm And Welcoming Cottage- Old George Lll.
Formally A Public House Now Converted To A Stunning Three Bedroom Residence, With A 'ready To Specification' And No Onward Chain.
Enquire quoting ref 101597 to book a viewing online and connect to the local agent.
Positioned in the quaint country village of Newton Reigny, the gateway to the Lake District, sits the warm and welcoming cottage- Old George lll.
Formally a public house now converted to a stunning three bedroom residence with an open plan living and dining area, master en suite bedroom, downstairs WC to name but a few of its many features.
Given the location and 'ready to go' specification, the property would act as a perfect second holiday home, main residence or holiday let investment for those looking to explore and benefit from having the Lake District on the doorstep.
The ground floor accommodation comprises of an entrance porch, lounge with outer patio doors to the front forecourt and open to a intimate dining area, a spacious fully equipped kitchen and stylish downstairs WC.
To the first floor is a wide landing space with access into the master bedroom with en suite shower room, a second double bedroom and third bedroom with external access to the rear patio garden and modern family bathroom suite.
Externally, there is a easy to maintain rear patio garden and front forecourt with gated access to the main road and one allocated parking space on the adjacent communal car park.
Only a very short drive away is the larger town of Penrith serving all amenities as well as access to the M6 motorway with excellent links for exploring the Lakes and access into Scotland and beyond.
No onward chain. Accommodation Ground Floor Entrance Porch Inner door leading into the lounge area.
Lounge 16'10'' x 12' 2'' (5.12m x 3.72m) A wide and welcoming living area with patio doors to the front forecourt garden, two radiators, fire place and open toa dining area.
Kitchen 12' 5'' x 9' 2'' (3.78m x 2.8m) A spacious, fully fitted kitchen plumbed for a washer and dishwasher, oil installed boiler, stainless steel sink unit, electric oven and hob and space for fridge/freezer.
One radiator and one double glazed window to the front aspect. Hallway Hallway with two under stairs storage cupboards and stairs to the first floor.
Access into downstairs WC Stylish downstairs WC with vanity unit and heated towel rail.
First Floor Bedroom One 12' 6'' x 12' 5'' (3.81m x 3.78m) Master bedroom with one double glazed window to the front aspect and one radiator. Floor boards. Access into en suite shower room.
En-suite Shower cubicle, WC and wash basin. Bedroom Two 13' 5'' x 10' 11'' (4.08m x 3.34m) Double bedroom with store cupboard, floor boards, one double glazed window to the front and one radiator.
Bedroom Three 9' 8'' x 9' 1'' (2.94m x 2.78m) Third bedroom with outer patio doors to the rear garden. One radiator and floor boards.
Bathroom 8' 7'' x 6' 7'' (2.61m x 2m) Three piece bathroom suite comprising of a bath with hand help shower, WC and vanity unit.
One double glazed window to the rear aspect and a chrome heated towel rail. Externally Rear Patio Garden Low maintenance patio area with a paved section with steps to a gravelled area and oil tank.
Front Multi levelled, wall enclosed, low maintenance front forecourt with gate to the main road and communal car park. Allocated parking space for the house. Services Oil fired heating.
Mains electric, water and sewage.
Important note to purchasers: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and re not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
All Fixtures and fittings including those mentioned are to be agreed with the seller. Property enquiries and viewings are managed by OpenMoov.
Disclaimer: Sales: The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Council tax rates have been obtained via the owner or and should be verified by your solicitor on purchase.
Lettings: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Referencing requirements will apply, a holding deposit of 1 weeks rent and a full deposit of up to 5 weeks rent.
Council tax rates have been obtained via the owner or and should be verified prior to entering a tenancy agreement.
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
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
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FAQ
About Old George Iii, Newton Reigny, Penrith
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