2-bedroom detached house · CA16 6SG
Sold STCListed 308 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are selling a 75% share of this fabulous two bedroomed semi detached bungalow, the other 25% share is owned by Home Group. Age restricted to over 55yrs.
An outstanding opportunity to acquire a stunning modern semi-detached bungalow, offered on a 75% shared ownership basis to over 55ys old with the remaining 25% owned by Home Group.
This beautifully presented property sits in a convenient location and is ready to move into, offering spacious accommodation on a single level with wide doors able to accommodate wheelchairs.
A welcoming entrance hallway leads to a comfortable living room, flowing to two generous double bedrooms, the kitchen/diner, and a well-appointed shower room.
The kitchen/diner provides access via a door to the back garden, ideal for outdoor dining and relaxing.
Externally, the property benefits from a lawned front garden and a driveway with parking for two vehicles, plus a garage for added storage or car parking.
To the rear, a private garden provides a tranquil space for leisure and gardening.
The home is perfectly suited to buyers seeking a manageable, all-on-one-level layout The property is available exclusively to applicants aged over 55 and enjoys a location within easy walking distance of Appleby railway station, as well as the bustling town centre, which offers an array of amenities, shops, services and leisure facilities just a few minutes away.
The combination of a bright, flexible interior, low-maintenance exterior spaces, and proximity to transport links makes this an attractive option for buyers seeking security, comfort and convenience in equal measure.
Early viewing is recommended to appreciate the space, presentation, and value on offer with this 75% share opportunity.
Internal finishes are well maintained, with tasteful decor and neutral tones ready for immediate occupancy.
The shared ownership arrangement presents an affordable route to home ownership without compromising the quality of a modern bungalow.
Prospective purchasers are advised to contact the selling agent to discuss eligibility, valuation, and terms.
Services Mains electric, mains water, mains gas, mains drainage EPC & Council Tax EPC - C Council Tax - B Please be aware that due to a limited number of EPC providers in Cumbria, there may be delays in obtaining Energy Performance Certificates (EPCs) for some properties.
We anticipate receiving them within 7-14 days of the property's listing. If there are any further delays, we will update the property brochure with the expected availability of the EPC.
Thank you for your understanding. Key information about the home Key information about the home When you buy a home through shared ownership, you enter into a shared ownership lease.
The lease is a legal agreement between you (the 'leaseholder') and the landlord. It sets out the rights and responsibilities of both parties.
Before committing to buy a shared ownership property, you should ensure you take independent legal and financial advice.
This key information document is to help you decide if shared ownership is right for you.
You should read this document carefully so that you understand what you are buying, and then keep it safe for future reference. It does not form part of the lease.
You should carefully consider the information and the accompanying lease, and discuss any issues with your solicitor before signing the lease.
Failure to pay your rent or service charge or your mortgage could mean your house is at risk of repossession.
Service charge The new total monthly charges payable to Home Group, 2026 is £1,274.44 and are broken down as follows: Management charge- £248.17 Service charge- £211.35 Insurance- £314.92 Reserve fund- £500.00 Leasehold information Tenure Leasehold Lease type Older persons shared ownership assignable bungalow lease Lease term 125 years from 1 st January 2006 Eligibility You can apply to buy the home if the following apply: • You are 55 years old or over • your household income is £80,000 or less • you cannot afford to buy a home that meets your needs using the funds you have (including a mortgage if you are able to take one out) One of the following must also be true: • You are a first -time buyer • Y ou used to own a home but cannot afford to buy one now • Y ou're forming a new household - for example, after a relationship breakdown • Y ou're an existing shared owner, and you want to move • Y ou own a home and want to move but cannot afford a new home for your needs * * If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
You must have a good credit record. Your application will involve an assessment of your finances by The Mortgage People.
Disclaimer These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
The services, systems, and appliances shown may not have been tested and has no guarantee as to their operability or efficiency can be given.
All floor plans are created as a guide to the lay out of the property and should not be considered as a true depiction of any property and constitutes no part of a legal contract.
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.
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FAQ
About 6 Westmorland Place, 6 Westmorland Place, Appleby-In-Westmorland
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