4-bedroom house · LA23 1LG
For saleListed 133 days
Opportunity summary
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About
Lot 2 – middlerigg house Middlerigg House is a substantial and attractive four-bedroom house in an idyllic position with approximately 20 acres of its own gardens and grounds.
The property features many characterful and attractive features including traditional beams and a centrepiece, original fireplace.
The house has recently been rewired but would require internal modernisation.
Middlerigg also has a detached two‐storey stone barn, with three-bay garages at ground level and a dovecote above, as well as an attached stable at one end.
There is also a small workshop/garden shed positioned to the rear of the barn, all offering potential for development, subject to consents.
Middlerigg House occupies a highly desirable position near Lake Windermere, at the heart of the Lake District National Park.
The Lake District is one of England's most distinctive and historic landscapes, designated as a unesco world heritage site, characterised by rugged fells, ancient woodland, and dramatic glacial valleys and lakes.
The estate offers a rare combination of accessibility and seclusion, enjoying a strong sense of rural privacy amid some of the nation's most celebrated scenery.
The nearby village of Troutbeck Bridge provides everyday amenities including local shops and traditional public houses, while the larger town of Windermere offers a wider range of facilities.
These include a selection of shops, cafés and restaurants, together with a selection of wellregarded primary and secondary schools.
Notable schools in the area include Windermere School, Sedbergh School and St Bees School, all of which have excellent reputations.
The surrounding countryside is renowned for its outstanding natural beauty and offers exceptional opportunities for outdoor recreation.
Lake Windermere offers opportunities for sailing and water sports, while the wider area is well suited to walking, riding and cycling.
Despite its peaceful and secluded setting, Calgarth Hall Estate remains well connected.
Windermere railway station connects to Oxenholme Lake District station, from which direct mainline services run to London Euston in approximately 2 hours 40 minutes.
Manchester airport is accessible in approximately 90 minutes, and the M6 connects the area both to the north and south.
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.
Area
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