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3 Lonsdale Terrace, Penrith

North East

£275,000
Listed on 24/01/2026

Property Details

Bedrooms
6
Type
Terraced house

Description

Grosvener House has been a family home for over half a century, showcasing its historical charm and solid structure. This property offers significant renovation potential, presenting a blank slate for those wanting to modernise and personalise their living space. With three levels of generous accommodation and high ceilings that add to the sense of space, it’s ideal for family life. Conveniently located near the town centre, residents can enjoy both local amenities and a peaceful retreat at home. Upon entering, you'll be welcomed by an expansive hallway that sets the tone with its original features. The living room, with a grand bay window, is well-lit and creates a comfortable area for relaxation. Adjacent lies the dining room—perfect for hosting gatherings—with natural light streaming through double glazed windows. The kitchen/family room is positioned at the rear and includes access to a small basement, offering additional storage solutions. This area is ready for refurbishment, allowing you to craft a culinary space tailored to modern needs; currently featuring basics such as an integrated gas hob and work surfaces. Ascending to the first floor reveals three spacious bedrooms alongside a bathroom and separate WC. The master bedroom benefits from dual aspect windows that enhance its bright appeal. Further upstairs are three additional rooms that could serve various purposes—extra bedrooms or workspaces—each brimming with potential. Outside, the property boasts a manageable front garden framed by an attractive boundary wall. The rear garden provides outdoor space with mature shrubs and lawn areas, easily accessible via steps from the house. This location in Penrith places you just miles from the Lake District's stunning landscapes while connecting seamlessly with transport links including buses and railways. Overall, Grosvener House provides an excellent opportunity for investors or buyers seeking to create their vision in a property rich with character.

Investment Analysis

(CA11 area)
Area Average
£251/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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
48%
Properties sold annually

Local Market Trend (CA11)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -2.1%
5 year growth: +7.3%
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

3 Lonsdale Terrace, Penrith
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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