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Skyfall Barn, Troutbeck, Windermere, LA23 1PN

North West

£500,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Plot
Area
1763 sqft

Description

This property represents a unique opportunity to create a bespoke dwelling on a rare building plot in the picturesque Troutbeck valley. Full planning permission has been secured for a striking three-bedroom detached home, designed to harmonize with its surroundings using traditional Lakeland stone, timber cladding, and a slate roof. The site spans approximately 1.4 acres and currently features an agricultural barn, which is permitted for demolition to make way for your dream residence. The approved plans allow you to commence the build from scratch, giving you the chance to personalize the internal layout and finishes to suit your lifestyle preferences while adhering to planning guidelines. The proposed design includes spacious open-plan living areas, including a kitchen and dining room with separate pantry access, as well as designated spaces such as a living room, playroom, boot room, and ground-floor WC. The upper floor boasts three bedrooms—a principal suite with en suite facility alongside two additional bedrooms and a family bathroom—ensuring ample space for comfortable living. Nestled away along a private track, the plot offers tranquility amidst mature trees and stunning fell views. While enjoying this secluded position, you'll also be conveniently close to Troutbeck village and nearby centers like Windermere and Ambleside. The existing water and electricity services on site provide a strong foundation for construction. Prospective buyers should explore connection options for drainage and other utilities to facilitate your custom build project. This property stands out not just as land but as an invitation to realize your vision of home in one of England's most beautiful landscapes.

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Investment analysis

(LA23 area)

Below Market Value

This property is priced -28.5% below area average per sq ft

-28.5%
Potential saving
This Property
£284/sq ft
Area Average
£397/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£769,417
10% above area average per sq ft
Potential ROI
-3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LA23)

Area prices are falling by -16.7% over the last 12 months
3 year growth: -12.7%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on LA23 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

Skyfall Barn, Troutbeck, Windermere, LA23 1PN
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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
£1,889
Based on a loan of £375,000 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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