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Carleton Drive, Penrith

North East

£235,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1097 sqft

Description

This generously proportioned three-bedroom semi-detached home presents a promising opportunity for renovation enthusiasts or savvy investors. Situated in a desirable residential area near Penrith town centre, the property is conveniently located close to a variety of local amenities. While it does require modernisation throughout, its layout and features provide a solid foundation for transformation. The entrance hallway leads to two versatile reception rooms, perfect for creating distinct living spaces or offices, along with a compact galley kitchen that could be reimagined for modern living. Upstairs, you will find three bedrooms, each offering generous space and natural light, alongside a family bathroom that includes essential fixtures. The property boasts off-road parking and a garage for additional storage needs, while the terraced rear garden is an inviting outdoor space ripe for landscaping. This home offers significant potential to add personal touches and increase its value in this sought-after area.

Investment Analysis

(CA11 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£214/sq ft
Area Average
£247/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£298,115
10% above area average per sq ft
Potential ROI
+8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CA11)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 0.4%
5 year growth: 6.4%
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.

Location

Carleton Drive, Penrith
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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
£861
Based on a loan of £176,250 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