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See how verdicts work2-bedroom detached house · CA10 2EU
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a well-established gated community for the over 55's, with easy access to Penrith town centre and the Lake District, a beautifully presented, fully residential park home providing excellent, 2 bedroomed accommodation in a picturesque elevated setting, overlooking the River Eamont.
Making a most cost effective alternative to bungalow living, this quiet development of park homes is found in a popular area, handy for Pooley Bridge and the Lake District.
Installed in 2016, and occupying on of the prime plots on the site enjoying an open aspect to the rear looking directly onto the River Eamont, with well thought out and presented accommodation, the living space comprises a central hallway, with separate WC, a spacious corner aspect lounge, which has patio doors to the garden area and is open to the dining room.
Off the dining room is the fully fitted kitchen with, integrated dishwasher and fridge / freezer and induction hob and double oven, beyond which is the utility room, with washer and dryer, with a door to the side.
There are two double bedrooms, the master having twin walk-in wardrobes, and a shower room. The exterior is low maintenance with paved patios and ample driveway parking.
Viewing is highly recommended to appreciate.
Directions Leave Penrith heading south on the A6, proceed into the village of Eamont Bridge and at the Beehive Public House turn right signposted for Pooley Bridge, continue along this road for approximately 400 yards and then turn right signposted Southwaite Green Mill, follow the road down into the development and number 10 Mill Race Drive is on the right hand side.
NB. Viewing is strictly by appointment. Services Mains electric, LPG gas and drainage are connected but have not been tested.
Private water supply, electric and LPG are supplied and invoiced by the site owners. The annual water charge is £190.26 and there is a quarterly service charge of £22.38.
Key Information: • Non-standard construction, park home. • We understand that broadband and mobile telephone reception are available. • There is private off road vehicle parking.
• The property was affected by flooding in 2015. Since then, flood defence improvements have been implemented and there have been no further flooding incidents.
• Ground rent and service charge £1449.46 PA. NB. For park rules, licence agreement and conditions of purchase please contact the office on .
Additional information on buying and selling park homes can be found here: Entrance Hall Separate WC Living Room 5.28m x 3.94m Dining Room 2.54m x 2.5m Kitchen 4.06m x 2.46m Utility Room 2.5m x 1.68m Master Bedroom 3.18m x 3.05m Bedroom 2 3.58m x 3.18m Shower Room 2.18m x 1.96m
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
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FAQ
About 10 Mill Race Drive, Southwaite Green Mill, Eamont Bridge, Penrith
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