We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · CA11 9AS
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover the perfect family haven with this beautifully presented mid terraced house, offering a seamless blend of modern living and convenience.
Arranged over three floors, this attractive home boasts impressive high ceilings, a practical layout and is ready for its new owners to create lasting memories.
Conveniently situated close to a wide range of local amenities, schools, shops, with excellent transport links, including regular bus services and nearby rail connections.
Externally, there is a low maintenance garden offering an ideal setting for relaxing or entertaining, complete with useful external storage, a garage and private off-road parking for one vehicle, while permit controlled on-street parking is also available for residents and visitors.
A welcoming entrance vestibule with high ceiling creates an immediate sense of space and grandeur. From here, you are led into the entrance hall, where a carpeted staircase rises to the first floor.
A door to your right opens into the spacious dining room which is an ideal setting for entertaining family and friends or hosting formal dinners.
A handy understairs storage cupboards offers additional storage space. From here there is a seamless flow into the fitted kitchen and living room.
The kitchen features an integrated four ring electric hob, double oven and extractor hood, with availability for a dishwasher and fridge. Sink with mixer taps.
A useful storage cupboard provides additional practicality, while generous worktop space is complemented by a range of wall and base units, offering ample storage.
Double glazed window and door access to the rear garden. Adjacent to the kitchen is the utility room which provides availability for a free standing fridge/ freezer, washing machine and tumble dryer.
Handy fitted cupboards offer additional storage. Double glazed window to rear aspect.
Leading from the dining room through into the living room, which is complete with high ceiling and a gas fire log burner with brick surround that forms an attractive focal point, making this a comfortable and inviting room in which to relax and unwind.
This bright and airy reception space benefits from a double glazed window to the front aspect. Venture upstairs to find Bedroom 1 and the family bathroom.
Bedroom 1 is a large double room with storage cupboard and high ceiling. Natural light fills this bedroom with thanks to the two double glazed windows to the front aspect.
The spacious family bathroom boasts a corner shower, bath with hot and cold taps, WC and basin. Double glazed window to rear aspect.
The second floor is accessed via a carpeted staircase and comprises two bedrooms.
The first is a well-proportioned room featuring a sloping ceiling and a double glazed Velux window, creating a bright and characterful space.
The second bedroom is a generous double bedroom with a high and sloping ceiling, double glazed Velux window and useful eaves storage, offering both charm and practicality.
As you approach the property, you'll be greeted by a low maintenance front garden with monoblock paving and small brick boundary, creating a pleasant first impression.
The low maintenance rear garden includes a small patio area, perfect for al fresco dining in a pleasant setting for relaxation and entertaining, established shrubbery and chipped stones.
A wooden fence and brick wall boundary completes the rear garden. The garden also benefits from a stone built outhouse with Velux window and power supply.
From the rear garden there is access to the garage, which is also fitted with electrics and a designated parking space which is situated directly in front of the garage.
Additionally, there is on street permit parking available at the front of the property. Please note that there are mutual Rights of Way across the rear of the properties.
Penrith is a quaint market town in the Eden Valley approximately 3 miles from the outskirts of the Lake District.
The area offers many outdoor activities including woodland walks, equestrian pursuits, golf course, which are very popular in the region.
Situated close to local amenities and offering excellent access to the A66 and M6, both North and South, bus and railway links.
Accommodation (with approximate measurements) Entrance Vestibule Entrance Hallway Kitchen 8' 8" x 8' 3" (2.64m x 2.51m) Utility Room 6' 5" x 9' 1" (1.96m x 2.77m) Dining Room 12' 5" x 11' 2" (3.78m x 3.4m) Living Room 12' 6" x 10' 11" (3.81m x 3.33m) First Floor Bedroom One 12' 4" x 15' 5" (3.76m x 4.7m) Bathroom Second Floor Bedroom Two 12' 5" x 15' 5" (3.78m x 4.7m) Bedroom Three 9' 3" x 14' 7" (2.82m x 4.44m) Outside External Storage 6' 9" x 9' 2" (2.06m x 2.79m) Garage Property Information Tenure Freehold (Vacant possession upon completion) Council Tax Westmorland and Furness Council - Band B Services Mains electricity, mains water, main gas and mains drainage Energy Performance Certificate The full Energy Performance Certificate is available on our website and also at any of our offices Broadband Speed Ultrafast broadband available Directions Leaving Penrith, turn right onto Corn Market/ A592.
At the roundabout, take the 2nd exit onto Cromwell Rd/ A592.
At the roundabout, take the 1st exit onto Cromwell Road/ B5288 and turn right and left onto Gilwilly Lane, turning left onto Musgrave Street.
The property will be on the left hand side What3Words ///coping.suiting.offshore Viewings Strictly by appointment with Hackney & Leigh Price £240,000 Anti Money Laundering Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML).
We use a specialist third-party company to carry out these checks at a charge of £60.00 (inc. VAT) per individual or £50.00 (incl.
VAT) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction).
The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed.
In the event the property is being purchased in the name of a company, the charge will be £150 (incl.
VAT) Disclaimer All permits to view and particulars are issued on the understanding that negotiations are conducted through the agency of Messrs. Hackney & Leigh Ltd.
Properties for sale by private treaty are offered subject to contract.
No responsibility can be accepted for any loss or expense incurred in viewing or in the event of a property being sold, let, or withdrawn. Please contact us to confirm availability prior to travel.
These particulars have been prepared for the guidance of intending buyers. No guarantee of their accuracy is given, nor do they form part of a contract.
*Broadband speeds estimated and checked by on [01/07/2026]
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
Agent & docs

FAQ
About 39 Musgrave Street, Penrith
Explore nearby