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See how verdicts work4-bedroom house · CA23 3ES
For saleReduced £50k (−25%) on 26 OctListed 605 days
Opportunity summary
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About
*** Awaiting planning permission for conversion to a 3 bed house *** An Idyllic Spot In The National Park To Build Two Holiday Lets - With Planning Permission Already In Place.
This substantial barn with valley views has consent to be converted into two apartments - the ideal base for exploring the Western Lakes.
If you’re looking for your next development project, this barn conversion in the beautiful countryside between Cleator Moor and Ennerdale could fit the bill.
Planning permission has been granted for conversion into two dwellings - each measuring approx 10m2 with potential for two bedrooms, a bathroom and an open plan living space.
The barn is being sold with land that can be used for parking and can also be landscaped into an outside space where guests can sit out and take in the valley views.
The barn has just had a new roof and the floor has been reinforced so it’s ready to start working on the inside.
Once the conversion is complete the holiday lets are sure to be popular with National Park visitors. It will be the ideal base to explore the National Park.
You can walk to the northwest shore of Ennerdale in around 90 minutes and more able walkers will be able to reach Crummock Water or Loweswater in a few hours.
It is located in an unspoiled rural spot but nearby Cleator Moor is only a 10 minute drive away and will have everything your guests will need on a day-to-day basis.
For everything else, it’s only a 20 minute drive to the centre of Whitehaven or 15 minutes to Egremont.
If you’re on the lookout for your next development project, this barn conversion with planning permission could be perfect.
Whether you’re looking to keep them or sell them on, once built the two holiday lets are sure to be popular. If this sounds like a project you’d love to tackle, call now for more information.
What3words location: workforce.grief.kitchen *** Additional land is available ***
Value & comps
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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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About Kinniside, Cleator, CA23 3ES
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