2-bedroom terraced house · CA11 9AL
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the popular Castletown area of Penrith and within easy reach of the town centre, 3 Alexandra Road is a traditional sandstone end of terrace home with elegant and well presented accommodation comprising: Living Room, Dining Room, Kitchen, Cloakroom and Cellar, 2 Double Bedrooms and a First Floor Bathroom as well as a useful Attic.
Outside there is a forecourt garden and to the rear an enclosed yard. The property also benefits from uPVC Double Glazing and Gas Central Heating via a Condensing Boiler.
Location - From the centre of Penrith, head up Castlegate, cross over the first mini roundabout and take the first exit at the next.
Follow the road over the railway bridge, turn left and right and then fork right into Howard Street. Drive to the T-junction and turn right into Alexandra Road, number 3 is on the right.
Amenities - Penrith is a popular market town, having excellent transport links through the M6, A66, A6 and the main West coast railway line.
There is a population of around 17,000 people and facilities include: infant, junior and secondary schools. There are 5 supermarkets and a good range of locally owned and national high street shops.
Leisure facilities include: a leisure centre with; swimming pool, climbing wall, indoor bowling, badminton courts and a fitness centre as well as; golf, rugby and cricket clubs.
There is also a 3 screen cinema and Penrith Playhouse.
Penrith is known as the Gateway to the North Lakes and is conveniently situated for Ullswater and access to the fells, benefiting from the superb outdoor recreation opportunities.
Services - Mains water, drainage, gas and electricity are connected to the property.
Tenure - The property is freehold and the council tax is band B Viewing - STRICTLY BY APPOINTMENT WITH WILKES-GREEN + HILL Referal Fees - WGH work with the following provider for arrangement of mortgage & other products/insurances, however you are under no obligation to use their services and may wish to compare them against other providers.
Should you choose to utilise them WGH will receive a referral fee : Fisher Financial, Carlisle The Right Advice (Bulman Pollard) Carlisle Average referral fee earned in 2024 was £253.00 Accommodation - Entrance - Through a double glazed security door to the: Hallway - Having original plaster coving to the ceiling, a single radiator and painted panel doors off.
Living Room - 11'6 x 14'3 - A living flame gas fire is set in a slate/brick tile back and granite hearth with a wood surround.
There is a double radiator, a TV & satellite lead, a uPVC double glazed window to the rear and a panel door to the stairs. A part glazed door leads to the rear hall.
Dining Room - 11'8 x 9'4 - Having two arched niches with floor cupboards to one wall, one of the cupboards houses the electric meter and fuse board.
The flooring is oak and there is original plaster coving to the ceiling, a double radiator, two wall light points and a uPVC double glazed window to the front.
Kitchen - Fitted with a range of oak fronted wall and base units with a granite effect work surface incorporating a 1 1/2 bowl stainless steel, single drainer sink with mixer taps and a tiled splash back.
There is a built in electric oven and an induction hob with a stainless steel and glass cooker hood above as well as an integral fridge and freezer and space for a dishwasher..
The floor is laminate tiled and a uPVC double glazed window faces to the front. Cloakroom - Fitted with a white toilet and wash basin set on a hardwood wash stand. The floor is ceramic tiled.
there is a chrome heated towel rail and extractor fan. Rear Lobby - Having tiled flooring, a base unit, a uPVC double glazed window and a door to the side.
There is a door to a laundry cupboard with light, power and plumbing for a washing machine. Cellar - Stone steps lead down from the hallway.
A uPVC double glazed basement window gives natural light and a wall mounted Worcester condensing combi boiler provides the hot water and central heating.
First Floor-Landing - A ceiling trap with drop down ladder gives access to the boarded and insulated attic space with light and power. Stripped pine panel doors lead off.
Bedroom One - 11'6 x 14'1 - Having a recessed wardrobe above the stairwell, a double radiator and a uPVC double glazed window to the rear.
Bedroom Two - 11'8 x 7'7 - Having a uPVC double glazed window to the front and a double radiator Bathroom - 7'3 x 5'3 - Fitted with a contemporary, white toilet, wash basin set in a cabinet and a bath with mains shower over and tiles around.
The floor is ceramic tiled. There is a heated towel rail and a uPVC double glazed window. Outside - To the front of the house is a well stocked forecourt garden.
To the rear is an attractive enclosed garden area, mainly to gravel with a fence to one side and wall to the other, a wooden garden shed and an access path to Brougham Street.
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 3, Alexandra Road, Penrith
Explore nearby