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Kinniside, Cleator, CA23 3ES

North East

£200,000

Listed on 01/03/2025

Property Details

Bedrooms
4
Type
Barn

Description

This property presents a unique renovation opportunity nestled within the picturesque landscape of the National Park. Currently a substantial barn with expansive valley views, it comes with approved planning permission for conversion into two distinct residential units, making it an excellent investment prospect. The approved plans allow for the creation of two apartments, each approximately 10m² in size, featuring potential layouts that include two bedrooms, a bathroom, and an open-plan living area. This layout is designed to cater to visitors seeking comfortable accommodations while exploring the natural beauty of the Western Lakes. Recently updated, the barn boasts a new roof and reinforced flooring, providing a solid foundation from which to begin interior renovations. Additionally, included land offers ample space for parking and can be transformed into an inviting outdoor area where future guests can relax and take in the scenic surroundings. Situated in an unspoiled rural setting, this property is conveniently located just a short drive from Cleator Moor, which provides essential amenities. For those seeking more urban offerings, Whitehaven and Egremont are accessible within 20 and 15 minutes respectively. For outdoor enthusiasts, the location is ideal—an approximate 90-minute walk leads to Ennerdale's northwest shore, with additional hiking routes available to Crummock Water or Loweswater for more adventurous trekkers. Whether you plan to retain the converted apartments as holiday lets or sell them upon completion, this property holds significant potential in attracting visitors eager to experience everything that the National Park has to offer. If you’re interested in pursuing this development project further, do not hesitate to seek more information. Additional land options are also available for interested buyers.

Investment Analysis

(CA23 area)
Area Average
£113/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (CA23)

Area prices are rising by +10.5% over the last 12 months
3 year growth: +26.3%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on CA23 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

Kinniside, Cleator, CA23 3ES
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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