2-bedroom flat · CA12 5JB
Listing removedReduced £15k (−5.7%) on 21 JunListed 368 days
Opportunity summary
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About
Brief Résumé Situated in the heart of Keswick. Courtyard View Is a two-bedroom apartment located in a charming and vibrant Courtyard tucked just off Keswick’s bustling Market Square.
Currently used as a successful holiday let.
Description 23 Packhorse Court is situated in the heart of the Keswick town just off the main market square and has a delightful mix of independent shops, cafes, bars and eateries.
The famous Theatre by the Lake and the shores of Derwentwater are a short distance away and the bus terminal is a few minutes walk where you can explore all over the Lake District National Park.
The property is currently used as a successful holiday let but could also be a fabulous bolthole or primary residence.
To access the apartment, take the set of steps in between the Cheese Deli and the Card shop, at the top, turn right and walk along the landing to number 23.
The front door enters to an entrance hall where all areas of the apartment can be accessed. The two double bedrooms are either side of the entrance hall and both face the rear of the property.
The lounge is a lovely size with large window looking to the front of the property over the courtyard.
The kitchen has a good range of wall and base units and has plenty of space for a dining table and chairs. Two windows face the courtyard.
To complete the apartment is the bathroom with bath and shower over. The property is fully double glazed and has modern electric radiators with thermostats for temperature control.
What3words - ///poses.basher.radar Accommodation: Entrance Entrance from rear landing. Door to: Entrance Hall Space to hand coats. Access to all rooms. Electric slimline thermostatic radiator.
Loft Access. Storage cupboard housing hot water cylinder. Wood effect flooring. Lounge A lovely light a bright room with a picture window looking to the front aspect.
Electric slimline thermostatic radiator. Kitchen Range of modern wall and base units with contrasting work tops. Single bowl sink and drainer.
Integrated fridge, electric oven and hob with extractor fan above. Space for washing machine. Two windows to front aspect. Space for table and chairs. Wood effect flooring.
Electric slimline thermostatic Radiator. Bedroom One Double bedroom. Window to rear. Electric slimline thermostatic Radiator. Built in wardrobes and vanity unit. Bedroom Two Double bedroom.
Window to rear. Electric slimline thermostatic Radiator. Built in wardrobes and vanity unit. Bathroom Bath with shower above. WC. Wash hand basin. Part tiled to walls.
Ladder style electric towel rail. Wood effect flooring. Services Mains electricity, water and drainage. Heating is via Electric slimline thermostatic radiators.
Hot water is via hot water cylinder located in the storage cupboard in the hallway. Tenure Leasehold granted on 25th March 1990 for the length of 125 years.
The vendor advises us the service charge is £550 per year. Ground rent is £50.00 per year. Agent’s Note Mobile phone and broadband results not tested by Edwin Thompson Property Services Limited.
Council Tax The website identifies the property as “Deleted” as the property is currently designated as a business Holiday Let.
Offers All offers should be made to the Agents, Edwin Thompson Property Services Limited. Viewing Strictly by appointment through the Agents, Edwin Thompson Property Services Limited. Ref: K3801626
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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About 23, 23 Packhorse Court, Keswick
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