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Great Strickland, Penrith

North East

£1,250,000
Listed on 28/12/2025

Property Details

Bedrooms
8
Type
Detached house
Area
5761 sqft

Description

This spacious 5-bedroom period home, complemented by a 2-bedroom apartment and a coach house, offers significant renovation and investment potential within its expansive 1.4-acre plot in the idyllic village of Great Strickland. Built in 1873, the residence showcases Victorian architectural details and comprises impressive living spaces with high ceilings and elegant original features. Although recently refurbished, there remain opportunities to further enhance or modify the property to suit various needs—be it as a large family home, multi-generational dwelling, or rental accommodation subject to planning permissions. The generous grounds boast established trees and stables, with an attractive garden space perfect for outdoor activities. Located near local amenities and transport links, this property represents an appealing prospect for those seeking to invest in a unique country lifestyle while capitalizing on its development possibilities.

Investment Analysis

(CA10 area)

Below Market Value

This property is priced -14.8% below area average per sq ft

-14.8%
Potential saving
This Property
£217/sq ft
Area Average
£255/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,614,376
10% above area average per sq ft
Potential ROI
+21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (CA10)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -11.9%
5 year growth: +9.8%
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

Great Strickland, Penrith
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,508
Based on a loan of £937,500 over 30 years at 4.06% 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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