1-bedroom flat · CA11 8JZ
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located close Penrith centre yet set in a peaceful cul-de-sac, this is a smart ground floor apartment with accommodation comprising: Hallway, Living Room, Kitchen, Bedroom and a Bathroom with a shower over the bath.
Outside there is a shared Car Park with the right to park and a Communal Garden Area with Drying Facilities.
The property also has the benefit of Gas Central Heating via a Condensing Combi Boiler and is fully double glazed.
Location - From the centre of Penrith, head South on King Street and turn left at the traffic lights into Roper Street, which becomes Carleton Road.
Drive up the rise and turn right into Pategill Road and Left into Prince Charles Close. Turn left into Cumberland Close and left again into Brooklands View.
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.
Council Tax band A Fees - On signing the tenancy agreement you will be required to pay: Rent £580 Refundable tenancy deposit: £665 FEES DURING YOUR TENANCY: TENANCY AMENDMENT FEE, where requested by the tenant - £48 (inc.
VAT) EARLY TERMINATION OF TENANCY, where requested by the tenant - £480 (inc.
VAT) Plus an rent due under the terms of the signed tenancy agreement DEFAULT FEE - replacement of lost key/security/safety devices - £48 (inc.
VAT) Plus any actual costs incurred DEFAULT FEE – unpaid rent - 3% over base for each date that the payment is outstanding and applies to rent which is more than 14 days overdue Applications will not be processed until the property has been viewed and we have received proof of ID: A passport or driving licence together with proof of current address in the form of a utility bill or bank statement (under 3 months old) WILKES-GREEN + HILL LTD is a member of The Property Ombudsman WILKES-GREEN + HILL LTD is a member of a client money protection scheme operated by Propertymark Viewing - STRICTLY BY APPOINTMENT WITH WILKES-GREEN + HILL Accommodation - Entrance - Through a part double glazed security door to the; Hallway - A recessed cupboard houses the MCB consumer unit and a walk in cupboard with light houses a Baxi condensing combi boiler which provides the hot water and central heating.
Living Room - 3.71m x 2.77m (12'2 x 9'1) - Having a double glazed window, a double radiator, a TV and telephone point and satellite lead.
A door opens to the; Kitchen - 2.16m x 1.55m (7'1 x 5'1) - Fitted with white fronted wall and base units with a wood effect work surface incorporating a stainless steel single drainer sink.
There is space for a gas or electric cooker and a space for an under-surface fridge. There is a partly shelved pantry, a double glazed window, a double radiator and extractor fan.
Bedroom - 2.74m x 2.36m (9' x 7'9) - A double glazed window faces to the front and there is a single radiator.
Bathroom - 1.68m x 2.06m (5'6 x 6'9) - Fitted with a white toilet, wash basin and a steel panelled bath with Mira electric shower over and tiling around. There is a single radiator and extractor fan.
Outside - There is a shared garden area to grass with a drying facilities, a car park with the right to park and an open bin store by the front door.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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