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Rookings, Motherby, Penrith, Cumbria

North East

£750,000

Listed on 04/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
2179 sqft

Description

Nestled within the serene village of Motherby, this substantial detached residence presents a compelling opportunity for renovation and investment. Historically transformed from an uninhabitable cottage and barn, the property boasts five spacious bedrooms and offers expansive views of the Lakeland fells, making it an ideal setting for families or multi-generational living. The thoughtfully designed interior features a balance of livable space with sociable areas, highlighted by a generous kitchen/dining room anchored by a central island and an Aga, perfect for gatherings. The living room and sitting room provide comfortable retreats, while flexible spaces like the home office can easily adapt to additional guest accommodation. Externally, the extensive grounds include established gardens ready for landscaping enhancements, a summerhouse equipped with electricity and Wi-Fi, and ample parking options. Notably, full planning permission has already been secured for constructing a one-bedroom detached annexe on-site—an attractive prospect for those looking to generate rental income or provide independent living arrangements for family members. With its prime location just outside the Lake District National Park and close proximity to local amenities in nearby villages, this property combines rural tranquility with investment potential, creating an appealing canvas for any buyer eager to craft their dream home.

Investment Analysis

(CA11 area)

Above Market Value

This property is priced +36.6% above area average per sq ft

+36.6%
This Property
£344/sq ft
Area Average
£252/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£603,899
10% above area average per sq ft
Potential ROI
-25.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CA11)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -10.2%
5 year growth: +0.6%
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

Rookings, Motherby, Penrith, Cumbria
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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
£2,833
Based on a loan of £562,500 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.

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