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Ridge Cottage, Field Broughton, Cartmel, LA11 6HN - Image 1
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Ridge Cottage, Field Broughton, Cartmel, LA11 6HN

North West

£400,000
Listed on 16/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1084 sqft

Description

This property presents a unique investment opportunity, set within a generous 0.5-acre plot in the picturesque Lake District. Planning permission has already been secured for a four-bedroom, three-bathroom residence, allowing you to embark on your build with minimal delay. The current offering includes only the plot and the approved plans from EN Architecture & Design. The site benefits from essential utilities such as mains water and electricity, though it is recommended to upgrade to an air source heat pump and solar panels for improved energy efficiency. A new treatment plant is also advisable, as the property currently relies on a shared septic tank. The location boasts easy access to the historic village of Cartmel, renowned for its charming priory and vibrant racecourse scene, making it a culturally rich area with both historical significance and contemporary culinary delights. Residents can explore local eateries, including the acclaimed l'Enclume with its Michelin star. With sweeping fell views and proximity to outdoor activities around Lake Windermere, this property offers not just a home but a lifestyle rooted in nature's beauty and community spirit.

Investment Analysis

(LA11 area)

Above Market Value

This property is priced +28.3% above area average per sq ft

+28.3%
This Property
£369/sq ft
Area Average
£288/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£343,053
10% above area average per sq ft
Potential ROI
-47.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LA11)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -2.8%
5 year growth: +1.9%
Investment Disclaimer: Analysis based on LA11 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

Ridge Cottage, Field Broughton, Cartmel, LA11 6HN
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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
£1,417
Based on a loan of £300,000 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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