2-bedroom house · CA8 7DR
For saleReduced £10k (−6.5%) on 30 AugListed 521 days
Opportunity summary
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About
This quaint home is situated in the quiet village of Gilsland in prime Hadrian’s Wall Country. We are pleased to offer this delightful two-bedroom character property to the sales market.
The property has been used most recently as a very successful holiday let and would suit those seeking an investment in the area of those seeking to purchase a first home or downsizing.
The property is arranged over two floors however the majority of the accommodation is on the ground floor.
Gilsland is only a mile and a half from the A69, providing excellent road links to both Carlisle and Hexham / Newcastle.
There are buses from nearby Greenhead and an array of simply beautiful countryside walks with a lot of historic features along the way, including Hadrian’s Wall.
The property begins into the spacious dining kitchen where there is ample space for seating and dining furniture.
The kitchen is fully fitted with a range of wall and base units, some integrated appliances and windows overlooking the village setting.
There is a double bedroom to the front of the property and a spacious shower room with large walk-in shower, WC, hand basin unit and storage cupboard.
A couple of small steps lead up into the main living room which is lovely and cosy, has a window to the side and a feature electric fire.
There is a staircase accessing the second bedroom which is a well-proportioned double room with ample fitted storage.
Externally there is an allocated parking space to the rear and communal parking to the front as well as a patio area for outdoor furniture to enjoy alfresco dining in the warmer months.
This is a wonderful opportunity for those seeking to purchase in the area and we advise early inspection to appreciate the location and space on offer. Please call our team on .
Internal Room Dimensions Kitchen / Diner: 3.34m x 4.45m (10’11 x 14’11) Shower Room: 3.35m x 1.92m (11’0 x 6’4) Living Room: 3.13m x 3.12m (10’3 x 10’3) Bedroom One: 3.09m x 2.65m (10’2 x 8’8) Bedroom Two: 3.32m x 2.47m (10’11 x 8’1) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Night Storage Broadband: Cable Mobile Signal Coverage Blackspot: Partial Parking: Allocated Space Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Tenure Leasehold. It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 999 years from 1988 Ground Rent: £0 Service Charge: £0 council tax band: A EPC rating: F HX00006075.bj.jr.14.5.25.V.1
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.
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