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Park View, Ellonby, Penrith, Cumbria

North East

£575,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1389 sqft

Description

This spacious three-bedroom detached bungalow is situated on a generous elevated plot, providing panoramic views of the surrounding countryside. While it has been well-maintained and updated in recent years, there remains significant potential for further renovation or expansion. With a Band A energy rating and features such as solar panels and an air source heating system, the property offers energy-efficient living that could generate an additional income of around £300 per year from the solar installation. The layout consists mainly of single-level living across approximately 1400 square feet. The central hallway connects to a bright dual-aspect sitting room, a contemporary kitchen/dining area, and a substantial garden room that maximizes the stunning rural backdrop. Three good-sized double bedrooms are complemented by a stylish four-piece family bathroom. An integral garage leads into a utility room and workshop space that holds great potential for conversion into additional living areas or even a self-contained annexe, subject to planning permissions. Above this, there is also a versatile first-floor room currently utilized as an office—a perfect place to inspire creativity or manage home-based work. The property is ideally located close to Ellonby village with easy access to Skelton and the breathtaking Lake District National Park, making it perfect for anyone looking to invest in rural property with the potential for future growth. The attractive gardens require minimal maintenance while providing ample off-road parking. Whether you're seeking a new home or an investment opportunity with considerable redevelopment scope, this bungalow represents an impressive option in its peaceful yet accessible setting.

Investment Analysis

(CA11 area)

Above Market Value

This property is priced +66.5% above area average per sq ft

+66.5%
This Property
£414/sq ft
Area Average
£249/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£379,989
10% above area average per sq ft
Potential ROI
-36.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CA11)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -9.2%
5 year growth: +2.2%
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

Park View, Ellonby, Penrith, 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
£2,037
Based on a loan of £431,250 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.

Stamp Duty Calculator

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