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See how verdicts work2-bedroom flat · CA17 4SD
For saleReduced £3k (−2.3%) on 18 SepListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb two bedroomed first floor apartment perfectly position in the heart of Kirkby Stephen.
Situated in the heart of the bustling and historic market town of Kirkby Stephen, this purpose-built first-floor apartment presents an excellent opportunity for a first-time buyer or a rental investor.
The property benefits from a secure communal entrance hall and a well proportioned internal hallway that leads to all living spaces.
Inside, there are two good-sized bedrooms, each offering comfortable proportions and natural light, together with a well-appointed bathroom finished to a contemporary standard.
The living room provides a welcoming reception area with double doors that open onto a balcony, offering views over surrounding fields and a tranquil outdoor aspect to complement everyday living.
A functional kitchen completes the interior, featuring essential fittings and space for meal preparation and casual dining.
The layout is designed with practical living in mind, balancing generous bedroom storage with a sociable living space ideal for relaxing or entertaining.
Outside, the property benefits from an allocated parking space, adding convenience for residents and visitors.
The development is complemented by a well-connected position within Kirkby Stephen, where residents can enjoy a host of independent shops, cafes and restaurants, as well as a local supermarket and school within easy reach.
The apartment's location provides access to pleasant countryside surroundings, local amenities, and a sense of community that characterises the town.
This property represents a low-maintenance home or an attractive investment, offering comfortable accommodation in a desirable town centre setting, with scope for personalisation and modernisation as desired.
Services Mains water, electric and sewerage. Broadband: Basic 19 Mbps Superfast 80 Mbps No history of flooding. It has been successfully rented on a long term let achieving £600 pcm.
Lease information 999 years from 1 April 2000. Lease Term Remaining: 982 years There is management charge of £60 payable per month (2025) .
This covers maintenance of the building, insurance of the building, cleaning of the windows, checking fire alarms.
EPC & Council Tax EPC - C Council Tax - B Please be aware that due to a limited number of EPC providers in Cumbria, there may be delays in obtaining Energy Performance Certificates (EPCs) for some properties.
We anticipate receiving them within 7-14 days of the property's listing. If there are any further delays, we will update the property brochure with the expected availability of the EPC.
Thank you for your understanding. Disclaimer These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
The services, systems, and appliances shown may not have been tested and has no guarantee as to their operability or efficiency can be given.
All floor plans are created as a guide to the lay out of the property and should not be considered as a true depiction of any property and constitutes no part of a legal contract.
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.
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FAQ
About 8 Mellwood, 8 Mellwood, Mellwood
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