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Soulby, Kirkby Stephen, Cumbria, CA17

North East

£800,000
Listed on 28/12/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1534 sqft

Description

Lot 1 of Syke Side Farm presents a unique opportunity for investment and renovation, featuring a three-bedroom farmhouse and a separate three-bedroom holiday cottage, both set on approximately 6.64 acres in the peaceful Eden Valley. The property includes an attached stone barn and a mix of paddock and woodland, with the beck adding an attractive natural element to the landscape. The expansive land offers various possibilities for equestrian use or smallholding, and the existing barn could be repurposed for further agricultural or residential development, pending necessary permissions. The farmhouse itself has undergone significant sympathetic improvements while retaining its original character, complete with exposed beams and traditional features. Accessible via dual entrances, it boasts spacious living areas including a modern kitchen equipped with high-end finishes like a new Rayburn and marble countertops. A large utility room connects to an agricultural building, making it feasible to consider expansion options such as extending the farmhouse or creating an additional dwelling. Rainbow Cottage is currently utilized as a holiday let generating income while maintaining its privacy thanks to separate access. Its conversion incorporates traditional charm with modern amenities, making it perfect for guests or extended family. There is potential to further develop the gym space within Rainbow Cottage for either personal use or as another rental opportunity. This property not only combines residential comfort with income-generating possibilities but also provides rare opportunities for outdoor lifestyle pursuits in a region known for its scenic beauty. With planning already approved for a sunroom on the farmhouse to enhance those views further, this listing represents substantial potential for any investor or renovator looking for their next project in this picturesque locale.

Investment Analysis

(CA17 area)

Above Market Value

This property is priced +126.9% above area average per sq ft

+126.9%
This Property
£522/sq ft
Area Average
£230/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £180,000
Target Value
£387,765
10% above area average per sq ft
Potential ROI
-60.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CA17)

Area prices are falling by -13.4% over the last 12 months
3 year growth: -8.3%
5 year growth: +0.1%
Investment Disclaimer: Analysis based on CA17 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

Soulby, Kirkby Stephen, Cumbria, CA17
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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
£2,885
Based on a loan of £600,000 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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