2-bedroom terraced house · CA11 7PD
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In the quiet side lane of Foster Street, just a third of a mile to the north of Penrith town centre, this cosy mid terrace cottage has undergone some recent updates, creating a comfortable and characterful home with accommodation comprising; Living Room, Kitchen, 2 Bedrooms and a Bathroom.
Outside there is an Enclosed Rear Garden/Yard and Resident Permit Parking is available.
This lovely home also benefits from uPVC Double Glazing and has a combination of clean and aefficient modern High Heat Retention Storage Heaters connected to Solar Photovoltaic Panels giving an EPC rating of C.
Location - From the centre of Penrith, head up Castlegate, cross over the two mini roundabouts and drive down Brunswick Road.
At the bottom of the hill, follow the road to the left and keep in the left hand lane, then fork left, into Strickland Terrace. Fork left again into Foster Street, number 44 is on the right.
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 17,000 people and facilities include: infant, junior and secondary schools. 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.
Tenure Freehold - The property is freehold and the council tax is band A Anti Money Laundering Requirements - In line with The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, as a regulated profession, we are duty bound to carry out due diligence on all of our clients to confirm their identity.
Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system.
This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
To do so the Credit Referencing Agencies may check the details you supply against any particulars on any database (public or otherwise) to which they have access.
They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.
A of (£24 inc VAT) per purchaser will be charged to cover the costs associated with fulfilling our obligations under the act.
A link will be sent to your mobile to enable you to make the payment and thereafter the biometric check.
Referal Fees - WGH work with the following provider for arrangement of mortgage & other products/insurances, however you are under no obligation to use their services and may wish to compare them against other providers.
Should you choose to utilise them WGH will receive a referral fee : Fisher Financial, Carlisle The Right Advice (Bulman Pollard) Carlisle Average referral fee earned in 2024 was £253.00 Viewing - STRICTLY BY APPOINTMENT WITH WILKES-GREEN + HILL Accommodation - Entrance - Through a panelled door to the; Living Room - 3.51m x 4.39m (11'6 x 14'5) - An open fireplace is set in a cast iron horseshoe grate and to one side is a shelved niche with floor cupboard housing the MCB consumer unit and electric meter.
There is a smart storage heater, a TV aerial lead, a telephone point and a uPVC TV aerial lead, a telephone point and a uPVC double glazed window to the front.
To one corner is a built in storage cupboard with light.
A planked door leads to the; Kitchen - 2.08m x 3.51m (6'10 x 11'6) - Fitted with cream fronted units and a wood effect work surface incorporating a stainless steel single drainer sink, mixer tap and a tiled splash back.
There is a built in electric oven and hob with a cooker hood above, space for an upright fridge freezer and plumbing for a washing machine.
There is a wall mounted fan heater, a uPVC double glazed window and door face to the rear and a planked door opens to the stairs with a cupboard below.
First Floor - Landing - A window over the stairs provides natural light and a ceiling trap gives access to the roof space above.
There is a modern panel wall heater and planked doors lead to the bedrooms and a panel door leads to the bathroom.
Bedroom One - 2.46m x 4.39m (8'1 x 14'5) - Having painted floorboards, a modern panel heater and a uPVC double glazed window to the front Bedroom Two - 3.10m x 1.85m (10'2 x 6'1) - There is a feature cast iron fireplace with a tiled hearth and back and a built in wardrobe to one side.
There is a modern panel heater and a uPVC double glazed window to the rear.
Bathroom - 2.13m x 1.57m (7' x 5'2) - Fitted with a toilet, wash basin and a panelled bath with a Mira electric shower over, tiles around and a shower screen.
The ceiling is panelled, a built in airing cupboard houses the hot water tank and there is a heated towel rail and a uPVC double glazed window to the rear.
Outside - To the rear of the cottage is an enclosed block paved yard with access available across the neighbouring property.
Parking Permit - Street permit parking is subject to availability and applied for through Westmorland and Furness Council.
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
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FAQ
About Foster Street, Penrith
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