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Great Strickland

North East

£360,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2024 sqft

Description

This Grade II listed farmhouse, located in the picturesque village of Great Strickland near Penrith, presents a substantial renovation opportunity for those looking to invest in a unique property. With four spacious bedrooms and extensive living areas spanning approximately 2,024 square feet, this detached home offers considerable potential for reimagining and modernizing the interior. Upon entering, you are welcomed by a vestibule leading into a hallway that connects to multiple reception rooms. The dining room is characterized by its charming single-glazed sash window and exposed ceiling beams, creating an inviting atmosphere. The living room features dual aspect windows, allowing natural light to fill the space while showcasing two fireplaces and original flooring elements that hint at the character waiting to be restored. The kitchen area presents a blank canvas with ample room for customization—ideal for those who envision a personalized culinary space. Adjacent to the kitchen are practical features such as a utility room and boot room, enhancing the functionality of family life in this home. Upstairs, the four well-proportioned bedrooms offer retreat-like qualities with various views of the surrounding gardens. A centrally located family bathroom provides essential amenities but is ripe for modernization. The external aspects of the property add further appeal. Set on a generous plot, it boasts mature gardens enveloped by trees, providing privacy and tranquility. A stone outhouse adds extra utility or potential storage space. Off-street parking can be established within the large garden area, aligning with local planning regulations. Situated in Great Strickland—a community known for its scenic countryside and historical architecture—this property benefits from being positioned between Penrith and Shap, offering convenient access to both local amenities and major transportation routes like the M6 motorway. In summary, this farmhouse is a remarkable project for cash buyers interested in transforming a historic residence into a modern family home while preserving its unique heritage. With significant renovation potential in an idyllic setting, this property invites exploration from visionaries ready to undertake its transformation.

Investment Analysis

(CA10 area)

Below Market Value

This property is priced -30.3% below area average per sq ft

-30.3%
Potential saving
This Property
£178/sq ft
Area Average
£255/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£568,400
10% above area average per sq ft
Potential ROI
+18.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CA10)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.3%
5 year growth: 24.8%
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.

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Location

Great Strickland
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