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Rheda Park, Frizington, CA26 - Image 1
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Rheda Park, Frizington, CA26

North East

£565,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1732 sqft

Description

This property presents a rare opportunity for buyers looking to capitalize on its substantial potential. Set on the grounds of the former Rheda Mansion, this 1960s architect-designed detached bungalow offers a unique canvas for both renovation and development. The existing structure features four bedrooms and three reception areas, but its true value lies in the surrounding land which includes a lapsed planning permission site that previously allowed for a significant two-storey development. With an expansive garden featuring historic elements, including a listed medieval stone monument, this property invites creative reimagining. Whether you choose to refresh the existing home or explore options for redevelopment—including possible new builds—there's considerable scope to enhance this estate and tailor it to modern living or investment needs. The bungalow also boasts additional amenities like a double garage and an enclosed tennis court, plus extensive lawn areas, making it appealing as either a family home with space for outdoor activities or as part of a larger residential project.

Investment Analysis

(CA26 area)

Above Market Value

This property is priced +111.8% above area average per sq ft

+111.8%
This Property
£326/sq ft
Area Average
£154/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£293,401
10% above area average per sq ft
Potential ROI
-57.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CA26)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -33.5%
5 year growth: 28.1%
Investment Disclaimer: Analysis based on CA26 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

Rheda Park, Frizington, CA26
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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
£2,070
Based on a loan of £423,750 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