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Kirkby Thore, Penrith

North East

£575,000

Listed on 22/05/2026

Property Details

Bedrooms
6
Type
House

Description

This extensive rural property presents a unique opportunity for transformation and investment. Featuring a main residence with three bedrooms, an attached three-bedroom cottage, along with a traditional stone barn and various outbuildings, this estate encompasses approximately 1.5 acres of land, including a paddock that stretches to one acre at the front. Occupying a desirable location, the property boasts significant potential for redevelopment into multi-generational living spaces, holiday rentals, or expansions subject to necessary planning approvals. The charming stone barn and additional outbuildings provide exciting possibilities for conversion into business premises or alternative use, aligning perfectly with buyers looking to enhance value through renovation. The ample outdoor space enhances flexibility with generous parking options suitable for multiple vehicles and recreational trailers. Conveniently situated near the market towns of Penrith and Appleby, residents can enjoy peaceful village life while having practical access to local services and the stunning landscapes of the Lake District National Park. The ground floor layout is expansive with multiple reception areas, kitchen facilities positioned around a central hallway. An additional kitchen and separate staircase highlight excellent potential for self-contained living arrangements. The first floor features numerous bedrooms that could easily be adapted for independent living spaces or subdivided into multiple units. A range of spacious stone outbuildings adds considerable development appeal; these structures offer various options for conversion or redevelopment subject to obtaining planning permissions. The property’s substantial grounds provide inviting outdoor space while also enhancing its investment appeal through opportunities like extensions or garden additions alongside vegetable plots and paddocks.

Investment Analysis

(CA10 area)
Area Average
£263/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CA10)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -11.5%
5 year growth: +3.8%
Investment Disclaimer: Analysis based on CA10 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

Kirkby Thore, 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
£2,051
Based on a loan of £431,250 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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