2-bedroom terraced house · CA11 8UR
Listing removedListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no onward chain and situated in a highly sought-after residential location just a stone's throw from Penrith town centre, local schools and a wide range of amenities, this beautifully presented two-bedroom end-terraced home is found in excellent condition throughout.
Ideal for first-time buyers, young families or buy-to-let investors, the current owner has purchased the freehold and maintained the property to an exceptional standard.
The accommodation briefly comprises an entrance hall, a spacious open-plan lounge and kitchen, two generous double bedrooms, and a well-appointed family bathroom.
Externally, the property benefits from three allocated parking spaces to the front and rear, along with an attractive, enclosed rear garden, providing an ideal space for relaxing or entertaining.
Entrance Porch Composite front door leading into the entrance porch. Stairs off to the first floor and internal door to the open plan kitchen / lounge area. Fitted carpet. Radiator.
Lounge (3.79 x 3.62 (12'5" x 11'10")) Spacious lounge with uPVC French doors leading out to the rear garden. Fitted carpet. Radiator. W/C off.
Kitchen (2.87 x 2.73 (9'4" x 8'11")) Has a range of fitted wall and base units with complementing worksurfaces and stainless steel sink drainer unit with mixer tap.
Integrated electric oven with gas hob and extractor hood over. Plumbing for a washing machine and space for a fridge freezer. UPVC double glazed window to the front elevation. Breakfast bar.
Understairs storage cupboard. Stairs / Landing (1.85 x 1.07 (6'0" x 3'6")) Stairs lead from the entrance porch up to the first floor landing. Doors to the bedrooms and bathroom. Fitted carpet.
A ceiling hatch giving access to the loft space with a drop down ladder. The loft is a third boarded.
Bedroom One (3.77 x 2.32 (12'4" x 7'7")) Double bedroom with two uPVC double glazed windows to the front aspect. Fitted carpet. Radiator. There is also a single fitted wardrobe.
Bedroom Two (3.15 x 2.33 (10'4" x 7'7")) Double bedroom with fitted wardrobes. UPVC double glazed window to the rear aspect. Fitted carpet. Radiator.
Bathroom (1.77 x 1.68 (5'9" x 5'6")) Has a fitted three-piece suite comprising; panelled bath with mains shower unit over, low level w/c and sink unit. Tiled walls and flooring. Heated towel rail.
Outside To the front is a block paved parking area for one car and pathway leading to the front door.
There is a side gate to access the rear garden on the left of the property with a passageway to the rear garden with access to an outside tap.
To the rear is an enclosed low maintenance garden with patio and pathway leading to a second patio area.
There is a gate to the side of the rear garden giving access to the rear car parking spaces (two spaces).
Services / Additional Information The property is served by mains gas, electricity, water and drainage. Fibre optic broadband available. Our clients purchased the freehold.
There is an annual estate/green maintenance fee, approximately £150 per annum. Any furniture/fittings can be negotiated if required.
Please Note These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in the employment of Lakes Estates has the authority to make or give any representation or warranty in relation to the property.
All mention of appliances / fixtures and fittings in these details have not been tested and therefore cannot be guaranteed to be in working order.
Anti-Money Laundering (aml) Checks; When your offer is accepted, we're legally required to verify your identity.
This is carried out by a third-party company at the following costs: Buying in personal name: £40 (inc. VAT) Company purchase: £120 (inc.
VAT) These fees are non-refundable, and the purchase cannot proceed until checks are complete.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 32, Carleton Meadows, Penrith
Explore nearby