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3 Lonsdale Terrace, Penrith

North East

£250,000
Listed on 02/05/2026

Property Details

Bedrooms
6
Type
Terraced

Description

"Grosvener House" has been a family haven for over five decades, retaining its original character while offering a significant opportunity for modern updates. This spacious property stretches across three levels, showcasing lofty ceilings and generous room dimensions that cater to contemporary family living. Its location near the town centre ensures convenient access to local amenities and schools, all while maintaining a sense of peace in your own private retreat. As you enter, an inviting hallway leads you into a bright living area adorned with a double-glazed bay window, ideal for relaxation. The adjacent dining room is well-suited for hosting gatherings, complemented by natural light streaming in from the rear aspect. The kitchen/family room offers flexibility and the potential to become a stylish culinary space; it includes essential appliances and ample storage but awaits your personal touch to transform it into a modern kitchen. Completing the ground floor is a convenient downstairs WC.

The first floor features three spacious bedrooms alongside a bathroom and separate WC; the main bedroom benefits from dual front-facing windows that enhance its brightness. Each of the additional bedrooms holds potential for adaptation—whether as children's rooms or home offices. Ascend further to discover three more versatile bedrooms that present numerous options for use, including guest accommodations or hobby spaces.

Outside, the low-maintenance front garden adds curb appeal with its brick wall embellishments and decorative shrubs, while the rear garden beckons with its lawn and mature plantings. Permit parking is available in surrounding streets and, importantly, there is a Right of Way noted from the neighbour.

Located in Penrith—a charming market town within reach of the Lake District—you'll find plenty of outdoor activities and good transport links via road and rail make this property ideal for those seeking both leisure and accessibility.

Investment Analysis

(CA11 area)
Area Average
£250/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CA11)

Area prices are falling by -9.3% over the last 12 months
3 year growth: -10.7%
5 year growth: +0.1%
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

3 Lonsdale Terrace, Penrith
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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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