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See how verdicts work1-bedroom flat · CA11 8FY
For saleListed 24 days
Opportunity summary
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About
Set in an excellent location, within easy level walking distance of the Penrith town centre, in a purpose built retirement and fully managed development for the over 60's, a well-proportioned and presented, low maintenance, 1 bedroom ground floor apartment with direct access to patio seating area.
Built and professionally managed by Churchill Living, Dutton Lodge is an attractive and well-maintained retirement development, ideally positioned within easy reach of the excellent shops, services and amenities of Penrith town centre.
Designed specifically for independent retirement living, the development benefits from a Lodge Manager available during office hours, together with a welcoming residents' lounge that hosts a variety of social activities and events, creating a friendly and supportive community environment.
The apartment itself is thoughtfully arranged and offers generous built-in storage throughout.
The accommodation comprises a bright and spacious living/dining room with direct access to a private patio seating area, providing an ideal space to relax and enjoy the surroundings.
Adjoining the living area is a well-equipped fitted kitchen featuring integrated appliances including an oven, hob, fridge-freezer and washing / dryer machine.
There is a comfortable double bedroom with a built-in wardrobe, together with a modern shower room.
For added peace of mind, the apartment is fitted with a video entry system and a 24-hour emergency call facility.
A bespoke automatic door-opening system has also been installed, making the property particularly well suited to wheelchair users and those seeking enhanced accessibility.
Set within beautifully landscaped and maintained communal gardens, the development also offers residents' parking on a first-come, first-served basis, allowing owners to retain the convenience of a private vehicle.
In addition, a guest suite is available for visiting family and friends to hire, subject to availability, providing comfortable overnight accommodation close at hand. Pets may be by negotiation.
Directions From the town centre follow the A6 south on King St, taking the left turn just past the John Norris outdoor shop onto Roper Street.
Go past Whelpdale House and Dutton Lodge is on the left hand side. Services Mains electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested.
Key Information: • Standard construction. • We understand that broadband and mobile telephone reception are available.
For an indication of speeds and supply please see the OFCOM website: • Vehicle parking is in a communal car park (without allocated spaces) • Dutton Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55.
• Tenure: The property is sold on a leasehold basis, a 999 year lease having been granted in November 2021. There is a combined service charge and ground rent circa £3824.08 per annum.
The service charges include: Careline system, buildings insurance, water and sewerage rates, ground source heating, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, Lodge Manager and a contribution to the contingency fund.
Entrance Hall Living Room 5.61m (max) x 3.23m (max) Kitchen 2.36m x 2.2m Bedroom 5.3m (max) x 2.8m (max) Shower Room 2.08m x 1.65m
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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FAQ
About Apartment 12, Dutton Lodge, Roper Street, Penrith, Cumbria
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