4-bedroom detached house · CA10 3EX
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a traditional former farmhouse, set in a peaceful village setting and offered for the first time in over 100 years.
With four bedrooms, gardens, and ample parking, the property offers excellent scope for modernisation.
Set within a peaceful rural setting in this popular village to the south of Penrith, a traditional former farmhouse occupying a generous and well-proportioned plot, with easy access to Morland with its thriving community, the Yorkshire Dales and the Lake District National Park via Askham and the Ullswater Valley.
Offered to the market for the first time in over 100 years, it presents a rare opportunity to acquire a traditional country property with a long-established family history.
Much loved and occupied by the same family for generations, the property retains considerable charm and character, with well-proportioned accommodation arranged in a traditional double-fronted format.
Whilst now requiring updating and modernisation, it offers excellent scope for a new owner to improve and personalise the house to their own requirements, with the price reflecting its current condition.
Prospective purchasers intending to use mortgage finance are advised to seek appropriate professional advice regarding the property's condition and suitability for their chosen lender prior to proceeding.
The ground floor accommodation comprises a spacious living room and separate sitting room to the front, with a dining kitchen, useful utility room and shower/wet room to the rear.
To the first floor are four bedrooms and a family bathroom, providing flexible accommodation with considerable potential for improvement.
There is also useful cellar storage, together with a separate, outside, stone-built store room.
Outside, a traditional forecourt garden lies to the front, whilst to the rear there is ample off-road parking and a carport.
To one side, a section of land will form part of the property, providing an attractive additional area of garden with scope for landscaping.
With its peaceful rural setting, generous plot, traditional character and exceptional family history, this is a property with considerable potential to create a very appealing country home, whilst remaining conveniently placed for Penrith, the Eden Valley and the Lake District.
Directions From Penrith follow the A6 south taking the first sign left for Newby after Hackthorpe. Follow this road into the village, and Cross House is in the centre, on the right hand side.
What3words: ///insurance.plants.latches Services Oil powered central heating with mains electric and water being connected. Neither these services nor any boilers or radiators have been tested.
Drainage is to a septic tank.
Please note no formal investigation has been carried out as to the operation of the sewerage system and septic tank, these may not meet the current General Binding Rules 2020 and the property is being sold on this basis.
All parties must ensure that their lenders are aware of this before submitting an offer. 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: • There is private off road vehicle parking.
Living Room 5.46m x 4.24m Sitting Room 4.22m x 4.17m Kitchen Dining Room 4.27m x 4.22m Utility Room 4.3m x 3.02m Cellar 4.17m x 3.48m Downstairs Shower Room 3m x 1.96m First Floor Landing Bedroom 1 4.93m x 4.37m Bedroom 2 4.98m x 4.34m Bedroom 3 4.34m x 4.3m Bedroom 4 3.35m x 2.03m Bathroom 2.36m x 2.28m
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Cross House, Newby, Penrith, Cumbria
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