2-bedroom house · LA9 7FY
Listing removedListed 566 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Castlestead View, a newly built retirement development of 104 dwellings, with 80 apartments and 24 Bungalows in the peaceful village of Oxenholme.
The apartments are offered through a shared ownership scheme, and buyers can chose own and share anywhere from from 25% to 75% ownership of the open market value.
Only the last few two-bed apartments remain. Designed to provide fully accessible facilities for both residents and visitors, amenities includes a café/bistro and hair salon for use by the community.
There is also a residents’ lounge, activity room, buggy store, guest suite and communal gardens for residents and their guests to enjoy.
As well as support from a specialist team, the scheme is managed by a dedicated onsite Registered Manager.
The development is based in the charming village of Oxenholme in Cumbria, which is only 1.5 miles from the Lake District National Park.
Living in Castlestead View is a way of extending independent living for owners over the age of 55*, with the Extra Care scheme providing access to welcoming communal areas and optional on-site care.
In this example, the full market value of the pictured apartment 'The Cedar' is £240,000 and the purchase price is based on a 50% share, meaning you pay £120,000 and on the balance you pay a monthly rental of £275 per month.
To arrange a viewing of one of the remaining apartments and the facilities at Castlestead View, please call Hunters today and we will arrange an escorted visit.
*Eligibility for residency is open to applicants over the age of 55, subject to criteria. The annual Service charge is £3,1117, payable monthly at £259.75.
The monthly support fee (£167.37) is mandatory and provides residents with a valuable core support package to support your independent lifestyle.
Entrance Hall Living Room Kitchen Bedroom One Bedroom Two Bathroom Secure Corridors Secure access system for residents. Residents Lounge Outdoor Terrace Grounds
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About (50%), Castlestead View, Castlestead Close, Oxenholme
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