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Parcey House and Cottage , Hartsop, Penrith, Cumbria CA11 0NZ

North East

£475,000
Listed on 17/04/2026

Property Details

Bedrooms
5
Type
End Of Terrace
Area
2440 sqft

Description

This Grade II listed property presents a unique opportunity for renovation and investment, encompassing a four-bedroom main house alongside a self-contained one-bedroom cottage, both nestled in the picturesque hamlet of Hartsop within the Patterdale valley. The location boasts spectacular fell views and proximity to popular walking routes and Ullswater. Set on approximately one acre of land, the outdoor space includes a pond, established trees, shrubs, and practical storage solutions with four stone-built stores and a timber shed. While the interior retains character with features such as slate and timber floors and exposed beams, updating is necessary to maximize its potential. This dual-residence layout could serve as an excellent family home with rental capabilities or a holiday let in this sought-after area. The ground floor layout offers functional living spaces, including a dining room, sunroom, and kitchen, along with utility and sitting rooms that connect to the cottage. The first floor houses four bedrooms in the main property plus an additional bedroom in the cottage. Given its size and positioning for modern living standards, this property is ripe for transformative updates to enhance comfort while preserving its historical charm. Investors or renovators looking to create value will find considerable potential here.

Investment Analysis

(CA11 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£195/sq ft
Area Average
£249/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£667,511
10% above area average per sq ft
Potential ROI
+18.1%
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

Parcey House and Cottage , Hartsop, Penrith, Cumbria CA11 0NZ
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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
£1,682
Based on a loan of £356,250 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.

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