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Nicholson Lane, Penrith, CA11

North East

£1,250,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2379 sqft

Description

Nestled on the coveted Nicholson Lane, just off Beacon Edge in a prime area of Penrith, this four-bedroom residence presents an opportunity for both family living and future enhancements. The spacious master suite is complemented by an adjoining dressing area and a well-appointed en suite, offering a retreat-like experience. The ground floor features three generous reception rooms alongside a stylishly designed kitchen that balances functionality with aesthetic appeal. A cloakroom/WC and a utility space enhance convenience while providing access to both front and rear areas of the home as well as the garage. Set on an elevated plot, the property boasts stunning views towards the Lake District, enriching its unique character. Surrounding gardens are predominantly laid to lawn and feature mature hedging, trees, and vibrant flower borders. Several outdoor seating areas create inviting spaces for relaxation or entertaining guests. The property not only appeals in its current condition but also holds significant redevelopment potential. With suitable planning permissions, there is scope to develop part of the expansive rear garden; side access could facilitate a separate driveway or additional dwellings without compromising the existing garden space for this home. After being off the market for many years, this elegant property represents a rare investment opportunity perfect for those looking to blend comfortable living with prospects for growth.

Investment Analysis

(CA11 area)

Above Market Value

This property is priced +110.3% above area average per sq ft

+110.3%
This Property
£525/sq ft
Area Average
£250/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£653,702
10% above area average per sq ft
Potential ROI
-50.7%
After renovation
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

Nicholson Lane, Penrith, CA11
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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
£4,460
Based on a loan of £937,500 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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