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Elm Tree, Great Asby, Appleby-in-Westmorland, Cumbria

North East

£425,000
Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Link Detached House

Description

This traditional Westmorland farmhouse, nestled in the desirable village of Great Asby, presents a unique opportunity for those looking to invest in a property with substantial renovation potential. The house boasts spacious interiors, original period features such as timber sash windows and exposed stonework, along with a recently renewed main roof. Thought to date from the early 19th century, it showcases a classic Georgian/Victorian double-fronted design with two reception rooms, a kitchen dining area featuring a Rayburn range, and four bedrooms—including one accessed via a charming dressing room. The adjoining Grade II listed barn and outbuildings add an exciting layer of opportunity for expansion or conversion (subject to necessary permissions), whether for enhancing the existing living space or creating an independent dwelling suitable for holiday rentals or multigenerational use. Notably, planning permission has been granted to renovate the former byre into versatile spaces such as a garage or home office. Set within the scenic Yorkshire Dales National Park, this property offers gardens bordered by traditional drystone walls and convenient off-road parking. While enjoying community amenities in Great Asby—like a primary school and local pub—the location also benefits from nearby Appleby’s wider facilities and transport links. The need for modernization throughout is apparent, indicating an excellent investment opportunity for any prospective buyer willing to undertake renovations that can significantly enhance value and livability.

Investment Analysis

(CA16 area)
Area Average
£235/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
8
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CA16)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +7.9%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on CA16 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

Elm Tree, Great Asby, Appleby-in-Westmorland, Cumbria
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,505
Based on a loan of £318,750 over 30 years at 3.91% 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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