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Ulcat Row., Matterdale, Penrith

North East

£495,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

Nestled amidst the stunning Lakeland scenery, this three-bedroom detached home offers an exciting opportunity for renewal and personalisation. Situated in the cherished Lake District National Park, this property presents expansive views of Blencathra, Mell Fell, and Gowbarrow Fell. While it currently serves as a spacious family residence with a central kitchen/diner and practical utility room, there is notable potential for cosmetic enhancements that could increase both comfort and market appeal. The ground floor features a welcoming hallway complete with a distinctive curved staircase, leading to a large lounge space perfect for family gatherings. The first floor accommodates three generously sized double bedrooms and a family bathroom, showing promise for modern updates to suit contemporary tastes. Outside, the property boasts its own private driveway with ample parking and a garage. The extensive front garden and rear terrace are ideal spots to enjoy breathtaking views of the surrounding countryside. Moreover, the availability of an adjacent approximately eight-and-a-half-acre paddock (available through separate negotiation) adds substantial versatility for equestrian or agricultural aspirations — all within the confines of an agricultural & forestry occupation restriction. With close proximity to Dockray and Matterdale, outdoor enthusiasts can easily access walking trails leading directly from their doorstep. The market town of Penrith is also just a short drive away, offering essential amenities including schools and shopping options. This rare find in one of England's most picturesque regions allows you not only to reclaim space and serenity but also to invest in transforming it into your dream home while enjoying unparalleled natural beauty.

Investment Analysis

(CA11 area)
Area Average
£249/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Ulcat Row., Matterdale, Penrith
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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
£1,753
Based on a loan of £371,250 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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