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New Mills Trout Fishing Park

North East

£1,650,000

Listed on 01/06/2026

Property details

Bedrooms
6
Type
House
Area
5802 sqft

Description

This property presents a distinctive opportunity for investors and developers, set within a picturesque Cumbrian landscape, enhanced by tranquil fishing lakes. Currently operating as a successful holiday letting business, the expansive site includes an array of features that offer significant potential for further development. Mill House, a historically rich stone-built structure, has been meticulously restored yet still provides room for enhancement in terms of modern amenities and layout optimization. The existing setup consists of multiple accommodation units, including glamping pods and a two-bedroom holiday cottage, alongside facilities such as a café and event hall that could be repurposed or expanded to increase revenue streams. With planning permissions already in place for additional glamping pods, there is immense scope to expand this operation. Additionally, the traditional stone barn on-site represents an avenue for redevelopment into further holiday units or alternate uses upon reinstating its lapsed planning consent. This property not only serves the current owners but stands ready for those looking to capitalize on a growing leisure sector within this sought-after location.

Investment analysis

(CA8 area)

Above Market Value

This property is priced +26.9% above area average per sq ft

+26.9%
This Property
£284/sq ft
Area Average
£224/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,430,251
10% above area average per sq ft
Potential ROI
-24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CA8)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -7.7%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on CA8 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

New Mills Trout Fishing Park
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£6,234
Based on a loan of £1,237,500 over 30 years at 4.45% 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

Next Steps

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