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See how verdicts work4-bedroom property · CA2 5LJ
For saleReduced £50k (−7.7%) on 3 FebListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Holme Head House was originally built in 1865 along with Holme Head Works, a Victorian Cotton Mill which sits alongside the River Caldew.
The iconic weir that powered the Mill, is opposite the house which was once the residence of the Mill Manager.
Since then is has been used for various purposes, including as a Doctors Surgery, as a public house and restaurant (locals may remember 'The Bay'), and more recently as an Atelier where it is the home of a much cherished children's educational centre where little ones come along and enjoy a space that allows their imaginations to run riot!
The current owners purchased the near derelict building in 2012 and have restored and improved the property and grounds to a high standard.
This Grade II listed property is now being offered for sale as either a commercial property suited to the restaurant and leisure industry (there is a fully equipped commercial kitchen in the basement with a 5-star rating from the fsa), or for conversion to residential accommodation as either a single signature home or perhaps to luxury flats (subject to planning permission).
The internal accommodation is open plan on the ground and first floor levels reflecting the building's recent commercial uses, but conversion back to residential is easily done with the reinstatement of internal walls and with the original covings from each of the former rooms still in in place.
Moving outside, the property sits impressively behind brick walls with iron railings and gates.
A formal rose garden leads to the front door of the main building, whilst to the side there is ample parking space in front of the non-listed single story extension.
In the wooded area you will find multiple raised vegetable beds. The property also comes with significant riverside land which could be an exceptional asset for commercial or private buyers.
Viewings strictly by appointment with the agent as the facility is still used as a working business.
Ground Floor The door to the original double fronted building is flanked by two deep bays, has a grand central staircase leading to the first floor, and to the side is a large single story function room.
The ground floor accommodation totals 2,731 square feet.
First Floor The first floor space totals 1,447 square feet and whilst currently open plan, the former layout would have comprised of four to five large rooms.
With open views over the River Caldew and the weir. Cellar The cellar rooms of the original Grade II house measure approximately 860 square feet. Dry and with power and light.
Commercial Kitchen The equipped kitchen is fully operational and enjoys a 5-star fca rating). A list of included equipment is available on request.
Grounds With a formal rose garden, large car-parking space, a wooded area, and all sitting behind a walled and iron railing boundary wall. Riverbank With ownership of a sizable plot of riverside land.
Currently the area is fully wild uncultivated but there is potential to for restoration to garden space for both residential and commercial use.
Vat Payable Please note that the buyer will liable to pay VAT at the relevant rate on top of the purchase price.
Aml Disclosure Agents are required by law to conduct Anti-Money Laundering checks on all those buying a property. Hunters charge £30 (including VAT) for an aml check per buyer.
This is a non-refundable fee. The charges cover the cost of obtaining relevant data, any manual checks that are required, and ongoing monitoring.
This fee is payable in advance prior to the issuing of a memorandum of sale on the property you are seeking to buy.
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
Agent & docs
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FAQ
About Holme Head House, Denton Holme, Carlisle
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