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Nethertown, CA22

North East

£80,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Town Head Farm Development presents a compelling opportunity for those looking to invest in property with significant renovation potential. This site holds full planning permission (reference 4/22/2441/0F1) for the transformation of existing barns into three distinct dwellings, offering a unique chance to create modern homes while retaining the charm of rural architecture. Unit 1 is designed with an open-plan kitchen and living area on the first floor, maximizing natural light and views. The ground floor features two bedrooms, including an en-suite bathroom, as well as an additional bathroom and a versatile boot room/utility space. This layout not only promotes contemporary living but also provides ample space for customization according to your vision or market demands. The location adds considerable appeal; it’s within walking distance to the coast and near the stunning landscapes of the Lake District National Park, making it attractive to potential buyers or renters seeking both leisure and lifestyle amenities. The area's natural beauty enhances its value proposition, suggesting strong demand for quality housing in this setting. Prospective investors will appreciate the opportunity for growth in this sought-after region, especially with local infrastructure supporting future development. Additionally, all necessary utilities—electricity, water, and sewage—are conveniently located nearby, ensuring a smoother development process. This property is offered as a freehold interest with vacant possession upon completion. With its strategic position and renovation potential, Town Head Farm Development stands out as a notable project for those looking to make their mark in real estate. Interested parties are encouraged to view the site and register their interest through the appointed agents to explore this investment further.

Investment Analysis

(CA22 area)
Area Average
£137/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (CA22)

Area prices are rising by +10.6% over the last 12 months
3 year growth: 8.8%
5 year growth: 29.7%
Investment Disclaimer: Analysis based on CA22 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

Nethertown, CA22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 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