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See how verdicts work2-bedroom bungalow · CA13 0JF
Sold STCListed 435 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A comfortable, well maintained two bed link detached bungalow, sat in a quiet cul-de-sac just a five minute walk to Cockermouth’s town centre, and sold under an over 55’s shared ownership scheme, with 50% available to purchase for qualifying applicants.
The accommodation is well presented and comprises lounge with electric fire and space for a small dining table, high quality kitchen, two spacious double bedrooms and bathroom with walk in shower.
Externally there is a lawned garden to the front, off road parking for two cars and an attached single garage, whilst to the rear is a sun trap garden with a riot of colourful perennials, and seating area.
Sold with no onward chain and in a ideal location for easy access to the town and Memorial Gardens, this lovely home is sure to be in high demand so book an early appointment to avoid missing out.
For full details of the eligibility criteria please contact the office EPC Rating: D Entrance Hall 1.07m x 3.95m Accessed via UPVC door with double glazed inserts, storage cupboard, loft access via hatch.
Lounge 3.86m x 3.96m Front aspect room with electric fire in granite surround, points for TV, space for a three piece suite and small dining table. Double doors leading to kitchen.
Kitchen 3.32m x 2.21m Rear aspect room with UPVC door to the garden.
Fitted with a range of base and wall units in a white shaker style finish with complementary granite effect counter top, tiled splash back, four burner ceramic hob with separate electric oven-grill and extractor fan over, 1.5 bowl stainless steel sink with drainage board and mixer tap, plumbing for under counter washing machine and space for under counter fridge-freezer.
Bedroom 1 4.13m x 2.92m Front aspect double bedroom with point for TV.
Bedroom two 3.25m x 3.23m Rear aspect double bedroom with point for TV and French doors to garden.
Shower Room 2.47m x 1.76m Rear aspect room comprising electric shower in walk in shower cubicle, WC and wash hand basin, tiled splash back.
Services Mains gas, electricity, water & drainage. Gas fired central heating and double glazing installed.
Please note: measurements are approximate so may reflect the maximum dimensions and the mention of any appliances/services within these particulars does not imply that they are in full and efficient working order.
Leasehold Information The property is on a 125 year lease which began on January 1st 1998.
Referrals & Other Payments PFK work with preferred providers for certain services necessary for a house sale or purchase.
Our providers price their products competitively, 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 PFK will receive a referral fee : Napthens LLP, Bendles LLP, Scott Duff & Co, Knights PLC, Newtons Ltd - completion of sale or purchase - £120 to £210 per transaction; Emma Harrison Financial Services – arrangement of mortgage & other products/insurances - average referral fee earned in 2024 was £221.00; M & G EPCs Ltd - EPC/Floorplan Referrals - EPC & Floorplan £35.00, EPC only £24.00, Floorplan only £6.00.
Anti Money Laundering (AML) compliance check via Landmark referral between £8.50 to £15.50. All figures quoted are inclusive of VAT.
Shared Ownership Scheme Information The property is being sold under an over 55's shared ownership scheme with Home Group.
50% of the property is currently available for sale at the purchase price of £130,000. The buyer will be able to purchase up to 75% of the property.
CHARGES PAYABLE AS OF 1/4/2025: Rent: £99.83 monthly.
Annually: Buildings insurance £396.00 Housing Service Charge: £136.90 Housing Management Fee: £238.56 Total: £1941.46 For full terms and conditions please contact the office.
Directions From our office on Main Street head west, at the second mini roundabout turn right and head across Gote Bridge, taking the first right hand turn into Wakefield Road, then the first right into Derwentside Gardens.
Then take the first right hand cul-de-sac. Front Garden Lawn front garden Rear Garden Sun trap rear garden with a wide variety of colourful perennials.
Parking - Driveway Parking - Garage
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
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FAQ
About Derwentside Gardens, Cockermouth, CA13
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