1-bedroom house · CA7 8NE
For saleListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Cottage & Barn. Traditional Buildings to convert with Planning Permission. A unique development opportunity.
The property consists of two traditional buildings with full planning permission for a conversion into a single bedroomed bungalow with linked new build extension.
The property is situated in open countryside approximately 2.5 miles south of Wigton and only 3 miles from the northern boundary of The Lake District National Park.
Planning Permission to convert the buildings and build a new extension has been granted under Cumberland Council Planning Application Ref No ful/2024/0234 and con/2025/0054.
The buildings are located in open countryside approximately 2.5 miles south of the Market Town of Wigton.
Situated only 3 miles away from the northern boundary of The Lake District National Park this property could offer the perfect balance of peaceful rural living with easy access to some of England's most breath taking landscapes.
Step outside and enjoy immediate access to scenic walks, rolling fells and picturesque villages.
Set in its position the property overlooks the Solway Coast and enjoys views to the northwest of Criffel, the prominent hill in Dumfries and Galloway.
Whether you are seeking a project, permanent move to the countryside or a weekend retreat, this property could be what you are looking for.
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
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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 The Cottage & Barn. Bolton Wood Lane, Bolton Wood Lane, Wigton, Cumbria, Wigton, Cumbria
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