2-bedroom flat · CA11 9GZ
For saleListed 278 days
Opportunity summary
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About
Immaculate, two bedroom ground floor apartment benefiting from having a small private garden area and off road parking. Built by Russell Armer in 2013.
The property is spacious throughout including an open plan kitchen/diner/lounge. The kitchen having modern units, built in fridge/freezer, and washing machine.
The lounge/dining area has patio doors leading out to a small garden. There are two good size bedrooms, modern bathroom and a through hallway.
The property also benefits from Gas Central Heating via a Condensing boiler and is fully double glazed.
Council Tax Band: B (Westmorland & Furness Council) Tenure: Leasehold (999 years) Service Charge: £150 per year 999 years from January 2013 Location From the centre of Penrith, head up Sandgate and turn left at the mini roundabout into Meeting House Lane, which becomes Drovers Lane.
Follow the road through the one way section and turn right into Macadam Way.
Take the first left into Anchor Close and follow the road to the left into Anchor Close Entrance Through a composite security door to the: Hall Having a built in storage cupboard and radiator and doors leading off.
Open Plan Lounge/Kitchen 14.08ft x 15.5ft 4.28m x 4.72m (max) The kitchen area is fitted with a range of wood effect wall and base units and complementary laminate worksurface incorporating a stainless steel single drainer sink and mixer tap.
There is a built in electric oven and gas hob with a stainless steel splashback and extractor hood above, an integral fridge freezer and washing machine.
The kitchen floor is laminate and there is a single radiator. THE LIVING AREA has double glazed patio doors leading to the front.
Bedroom 1 10.76ft x 13.02ft 3.28m x 3.97m Double glazed window to the front elevation, built in wardrobes and radiator.
Bedroom 2 9.25ft x 15.49ft 2.82m x 4.72m Double glazed window to the side elevation and radiator.
Bathroom/WC Attractively presented with a three piece suite comprising bath with hand shower attachment over and glass screen wash hand basin and WC. Part tiles walls and extractor.
Services Mains water, drainage, gas and electricity are connected to the property. Outside There is off road parking for one vehicle.
Tenure The vendor informs us that the property is leasehold being a 999 year lease from 1/1/2013 (986 years remaining) Agents Note 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.
Local Amenities Penrith is a popular market town with a population of around 17,000 people and facilities include: infant, junior and secondary schools.
There are 6 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 recreational opportunities.
Carlisle 18 miles and easy access to the M6 and rail links.
Viewings If you are considering selling your home, then Arnison Heelis would be delighted to provide you with a free valuation, without obligation. For further details, please contact us on
Value & comps
No previous sales on record.
Returns
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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
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