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Halmshaw Garage, Morland, Penrith CA10 3AX - Image 1
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Halmshaw Garage, Morland, Penrith CA10 3AX

North East

£80,000
Listed on 08/01/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Halmshaw Garage presents a unique opportunity for renovation and investment in the picturesque village of Morland, located about 8 miles southeast of Penrith. This single garage unit is not just a place to store vehicles; it holds significant potential for redevelopment, subject to securing the necessary planning permissions. The location of Halmshaw Garage is one of its standout features. Nestled amidst the scenic rolling hills of the Lake District, Pennines, and Eden Valley, it offers a tranquil rural setting while remaining conveniently close to major transport links. The M6 Motorway at Junction 40 is easily accessible, providing a direct route towards both northern and southern regions. Additionally, the nearby A66 connects Penrith with various destinations from North Yorkshire to West Cumbria, enhancing its appeal for future development. As a property with versatile usage possibilities, Halmshaw Garage could be transformed into a workshop, storage facility, or even converted into residential space—subject to permission. Its current structure allows for various creative renovations that could optimize its utility and value. In terms of amenities, Penrith serves as the commercial hub for the Eden District, offering shopping, dining, and essential services just a short drive away. The city of Carlisle is also within reasonable distance for further amenities and transport options. This property is sold with rights of way and easements in place and will be offered freehold with vacant possession. Mains electricity and water supply are available on site; however, prospective buyers should make their own inquiries regarding service conditions. In summary, Halmshaw Garage represents a compelling investment opportunity in a desirable location that combines rural charm with modern accessibility—ideal for those willing to explore its full potential.

Investment Analysis

(CA10 area)
Area Average
£256/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CA10)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -3.5%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on CA10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Halmshaw Garage, Morland, Penrith CA10 3AX
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE