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Former Royal Victoria Hotel, John Street, Maryport - Image 1
Former Royal Victoria Hotel, John Street, Maryport - Image 2
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Former Royal Victoria Hotel, John Street, Maryport

North East

£150,000
Listed on 19/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property is strategically located at the intersection of John Street and Crosby Street, just a short 0.3-mile (approximately 8-minute) walk from Maryport Train Station. Maryport is a charming coastal town situated to the northwest of the Lake District National Park, renowned for its picturesque harbor and rich historical background. The area boasts excellent transport links via the A596, providing direct routes to Workington, Cockermouth, and Carlisle. Regular train services from Maryport connect residents to Carlisle and the scenic Cumbrian coastline. The town offers a variety of amenities including independent shops, banks, supermarkets, traditional pubs, and local fish and chip shops. Families will appreciate the good selection of schools nearby, such as Maryport CE Primary and Netherhall School. Additionally, cultural attractions like the Senhouse Roman Museum and Maryport Maritime Museum reflect the area’s intriguing history. The Royal Victoria Hotel is a substantial brick-built terraced property dating back to the 1850s. This multi-storey building includes a cellar and occupies a prominent corner position within the town. Currently vacant, it presents an impressive opportunity for renovation or redevelopment. A recent planning application was submitted on March 27, 2025, seeking approval for the conversion of this historic hotel into eight residential flats (comprising six one-bedroom units and two two-bedroom units) on the upper floors. The ground level is proposed to accommodate retail and community spaces. This project could significantly enhance local housing availability while preserving an iconic structure in Maryport. Ownership is freehold under title number CU48106, allowing for flexibility in development options. The potential for this property extends beyond its current state; with thoughtful renovations and adherence to local planning regulations—details which can be confirmed by consulting with the local planning authority—it stands to become a valuable asset in an evolving community landscape. Prospective buyers should consider the investment potential of this property not only in terms of residential conversion but also its strategic position within a growing town that balances historical charm with modern conveniences.

Investment Analysis

(CA15 area)
Area Average
£146/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (CA15)

Area prices are rising by +16.3% over the last 12 months
3 year growth: 20.5%
5 year growth: 37.0%
Investment Disclaimer: Analysis based on CA15 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

Former Royal Victoria Hotel, John Street, Maryport
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Mortgage Calculator

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£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE