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See how verdicts work3-bedroom detached house · CA11 7DP
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This sizeable, detached sandstone house, tucked away in the very heart of the town centre, would have originally been 2 cottages.
Now a single dwelling, with approximately 1220 square feet of living space.
Diamond Cottage offers light airy accommodation comprising: Living Room, Dining Room, Kitchen, Bathroom, 3 Double Bedrooms and a Shower Room.
Diamond Cottage enjoys a generous plot for a town centre home, with Gardens to the front and side and a Stone Outhouse. The property also benefits from uPVC Double Glazing and Gas Central Heating.
Location - Diamond Cottage is located in the heart of Penrith and can be accessed from Great Dockray by walking through Nevison Yard, to the left of Vaseys, or from West Lane, through a metal gate between numbers 12 and 13.
Amenities - Penrith is a popular market town, having excellent transport links through the M6, A66, A6 and the main West coast railway line.
There is a population of around 16,000 people and facilities include: infant, junior and secondary schools with a further/higher education facility at Newton Rigg College.
There are 5 supermarkets and a good range of locally owned and national high street shops.
Leisure facilities include: a leisure centre with; swimming pool, climbing wall, indoor bowling, badminton courts and a fitness centre as well as; golf, rugby and cricket clubs.
There is also a 3 screen cinema and Penrith Playhouse.
Penrith is known as the Gateway to the North Lakes and is conveniently situated for Ullswater and access to the fells, benefiting from the superb outdoor recreation opportunities.
Services - Mains water, drainage, gas and electricity are connected to the property.
Tenure - The property is freehold and the council tax is band C Viewing - STRICTLY BY APPOINTMENT WITH WILKES-GREEN + HILL Accommodation - Entrance - Through a uPVC door to the; Dining Room - 3.76m x 3.78m (12'4 x 12'5) - Having a stone fireplace with a recessed and part glazed cupboard to one side.
There are two double radiators, a TV aerial point and uPVC double glazed windows face to the front and side. A hardwood panel door leads to the hallway.
Kitchen - 3.78m x 1.75m (12'5 x 5'9) - Fitted with white fronted base units with a wood effect work surface incorporating a stainless steel single drainer sink with mixer taps.
There is space for a gas cooker and plumbing for a dishwasher or washing machine. The wall mounted gas fired boiler provides the hot water and central heating.
uPVC double glazed windows face to the side and rear, there is a single radiator and a door to the under stairs cupboard. Hallway - Stairs lead up to the first floor and there is a single radiator.
A uPVC door leads out to the rear. Living Room - 5.61m x 3.61m (18'5 x 11'10) - Having a stone fireplace and uPVC double glazed windows facing to the front.
There is a double radiator and TV aerial point. Bathroom - 2.13m x 2.34m (7' x 7'8) - Fitted with a coloured three-piece suite.
There is a single radiator, an extractor fan and a window facing to the rear. First Floor - Landing - A window to the rear provides natural light.
Bedroom One - 3.76m x 3.76m (12'4 x 12'4) - uPVC double glazed windows to two sides give a view across Penrith. There is a single radiator and a recessed cupboard.
Bedroom Two - 3.81m x 3.58m (12'6 x 11'9) - A uPVC double glazed window faces to the front with a view across Penrith. There is a double radiator and a recessed wardrobe.
Bedroom Three - 2.92m x 3.51m (9'7 x 11'6) - Having two uPVC double glazed windows to the rear, a double radiator and a recessed wardrobe.
Shower Room - 2.95m x 1.78m (9'8 x 5'10) - Fitted with a toilet, a wash basin and a large quadrant shower enclosure with waterproof boarding to two sides and a Triton electric shower.
A uPVC double glazed window faces to the rear and there is a double radiator and a recessed cupboard.
Outside - To the front of Diamond Cottage is a garden area to grass and to the side is a garden area to gravel. Outhouse - 2.13m x 4.37m (7' x 14'4) - Adjoining the neighbouring properties.
To the rear is a yard area. Parking is by permit through Westmorland and Furness Council and subject to availability.
There is the potential to create off road parking from Fallowfield Court, subject to the relevant permissions.
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
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FAQ
About Great Dockray, Penrith
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