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Gilcrux, Wigton, CA7 2QD

North East

£350,000
Listed on 13/06/2025

Property Details

Bedrooms
3
Type
Barn Conversion
Area
1700 sqft

Description

This impressive barn conversion offers a unique opportunity for renovation and customization. The property boasts a generous ground floor bedroom suite along with a spacious vaulted living area that showcases the charm of exposed beams and high ceilings. An inviting hallway welcomes you into the home, which features an open dining space adjacent to a traditional farmhouse-style kitchen equipped with a separate utility room and a convenient downstairs WC. The main bedroom on the ground floor is ideal for those preferring to avoid stairs, complete with an ensuite shower room, making it a comfortable retreat. Upstairs, two additional double bedrooms and a family bathroom provide versatile options for guests or home office space. The outdoor area includes a sun-soaked garden, offering both lawn and patio spaces for relaxation while maintaining privacy. Parking for two to three vehicles is available at the front, alongside an outbuilding full of potential; consider transforming it into a workshop, art studio, or even an annexe (subject to planning permission) to maximize investment opportunities. Located in the tranquil village of Gilcrux, known for its community spirit and local amenities like a pub and community centre, this property is conveniently situated just 15 minutes from the scenic Solway Coast and Bassenthwaite Lake. With no onward chain in place, this barn conversion presents itself as an exciting venture for those looking to create their perfect home or investment property.

Investment Analysis

(CA7 area)

Above Market Value

This property is priced +2.5% above area average per sq ft

+2.5%
This Property
£206/sq ft
Area Average
£201/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£375,777
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CA7)

Area prices are falling by -6.6% over the last 12 months
3 year growth: +1.8%
5 year growth: +5.0%
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

Gilcrux, Wigton, CA7 2QD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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