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Carleton Drive, Penrith, CA11

North East

£275,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1173 sqft

Description

This charming semi-detached home, built in the 1930s, is located in a sought-after residential area of Penrith, offering considerable renovation and investment opportunities. Having been cherished by the same family for nearly 50 years, this property presents a rare chance for new owners to breathe fresh life into its traditional framework. The residence features distinctive bay windows on both levels, which not only enhance its character but also invite abundant natural light into the spacious rooms. On the ground floor, you'll find two reception areas that provide flexible living spaces, alongside a kitchen equipped with a pantry and an additional boot room. The upper level comprises three bedrooms and a family bathroom, each reflecting the home's original design while also serving as potential canvases for modern updates. Significantly, the property has recently undergone rewiring and has been stripped back to offer a blank slate for prospective buyers. With ample scope for personalization throughout, there is also potential to expand by building over the integral garage (subject to planning approval). This flexibility makes it an ideal candidate for those looking to create a bespoke family home or capitalize on its investment potential. Outside, the well-established front garden provides privacy from the road while also featuring generous driveway parking. A picturesque path leads around to a sizable rear garden that offers further possibilities for development or outdoor enhancements. In addition to its intrinsic qualities as a family home, this property’s location is advantageous—situated close to local amenities and transport links in Penrith. This sets the stage for significant appreciation in value following renovations. With its rich history and untapped potential, this residence invites you to reimagine and redesign it according to your vision.

Investment Analysis

(CA11 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£234/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£317,930
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CA11)

Area prices are falling by +7.9% over the last 12 months
3 year growth: -3.4%
5 year growth: 5.4%
Investment Disclaimer: Analysis based on CA11 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.

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Location

Carleton Drive, Penrith, CA11
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