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Yan, Watermillock, Penrith, Cumbria, CA11 0JN - Image 1
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Yan, Watermillock, Penrith, Cumbria, CA11 0JN

North East

£595,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2185 sqft

Description

This detached three-bedroom bungalow presents a unique chance for investors or renovators to capitalize on its potential. Nestled in a picturesque location with sweeping views of Ullswater and the fells, this property is ripe for redevelopment or a complete overhaul, subject to the necessary consents. The floor plan includes various living spaces such as a living room, dining room, garden room, and multiple bedrooms including an en-suite bathroom. With a non-standard timber frame construction, this bungalow offers the opportunity to create a bespoke residence that suits modern standards while taking advantage of the surrounding natural beauty. Located just a short drive from Pooley Bridge and Glenridding, and within reach of key transport links in Penrith, it is well-positioned for convenience and leisure activities like sailing and walking. This is not just a home; it's an investment waiting to be transformed.

Investment Analysis

(CA11 area)

Above Market Value

This property is priced +9.5% above area average per sq ft

+9.5%
This Property
£272/sq ft
Area Average
£249/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£597,750
10% above area average per sq ft
Potential ROI
-16.4%
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

Yan, Watermillock, Penrith, Cumbria, CA11 0JN
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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
£2,107
Based on a loan of £446,250 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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