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Dovay Place, Gilcrux, CA7 - Image 1
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Dovay Place, Gilcrux, CA7

North East

£150,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
883 sqft

Description

Nestled on the outskirts of the charming village of Glicrux, near Cockermouth, this semi-detached cottage presents a promising investment opportunity for those looking to add their personal touch. With serene views stretching across the fields toward the sea, this property offers both tranquility and potential. Inside, the layout features a substantial living room that benefits from double aspect windows, allowing natural light to fill the space. The separate dining room is ideal for gatherings and includes an open fireplace and built-in storage, making it a versatile area that could be enhanced further. The kitchen is functional yet ripe for modernization, with ample space for appliances and a welcoming connection to the garden. The first floor comprises three well-proportioned bedrooms, each featuring leaded light windows that offer picturesque views and plenty of character. The fitted bathroom, while serviceable, provides an opportunity for upgrades that could greatly enhance the home’s overall appeal. Externally, the property boasts mature gardens primarily situated to the side, creating an inviting outdoor environment. There is also a gated driveway that accommodates 3-4 vehicles comfortably, enhancing convenience for residents and guests alike. This cottage is offered chain-free and provides an excellent canvas for renovation or expansion. With its blend of classic features and contemporary potential, it invites you to reimagine your forever home in a desirable semi-rural location. Whether you seek to create a personalized retreat or capitalize on its investment potential in a sought-after area, this property stands ready for transformation.

Investment Analysis

(CA7 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£170/sq ft
Area Average
£201/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£194,940
10% above area average per sq ft
Potential ROI
+2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CA7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 9.5%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on CA7 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

Dovay Place, Gilcrux, CA7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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