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Carleton Drive, Penrith, CA11

North East

£275,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1173 sqft

Description

Presenting a unique opportunity in one of Penrith’s sought-after neighborhoods, this charming 1930s semi-detached home exudes character and potential. Having been cherished by the same family for nearly fifty years, this residence is primed for transformation. The property features inviting bay windows that enhance its classic appeal while flooding the interiors with natural light. The ground floor comprises two spacious reception rooms, a kitchen complemented by a pantry, and a utility boot room, while the first floor houses three bedrooms along with a family bathroom. With recent rewiring completed, this home sets the stage as a blank canvas awaiting your personal touch. There exists an opportunity to modernize extensively throughout and potentially extend above the integral garage (subject to planning permissions). Outdoors, the mature front garden offers privacy alongside ample driveway space. The generous rear garden is a tranquil retreat within the town center, presenting limitless possibilities for development or landscaping. This property is an ideal project for those looking to invest their vision and craft a truly unique living space.

Investment Analysis

(CA11 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£234/sq ft
Area Average
£243/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£313,091
10% above area average per sq ft
Potential ROI
-3.7%
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
15%
Properties sold annually

Local Market Trend (CA11)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.4%
5 year growth: 7.8%
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.

Location

Carleton Drive, Penrith, CA11
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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
£1,007
Based on a loan of £206,250 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