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Burrowgate, Penrith

North East

£70,000

Listed on 21/08/2026

Property details

Bedrooms
1
Type
Not Specified
Area
721 sqft

Description

Situated in the heart of Penrith, this charming 17th Century Grade II listed cottage presents a unique opportunity for both potential investors and business owners. Currently functioning as a cafe or retail space, it showcases numerous traditional features that enhance its character. The ground floor comprises a spacious dining area/shop floor and kitchen, while the first floor consists of another dining area/shop floor, a store room, and WC facilities. An attic room adds to the property's overall appeal with additional usable space. With a total area of approximately 726 sq ft plus the attic, there is considerable potential for reconfiguration. The property may also lend itself to conversion into residential use, subject to obtaining the necessary planning permissions. Its central location in Penrith provides easy access to local amenities including schools, supermarkets, and leisure facilities, making it an attractive proposition for those looking to capitalize on the area's vibrant market town atmosphere. The inclusion of mains water, drainage, gas, and electricity simplifies renovation efforts. Given its historic nature and current commercial designation, this property represents a compelling investment opportunity for individuals looking to diversify their portfolios or establish their own business premises.

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Location

Burrowgate, Penrith
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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
£264
Based on a loan of £52,500 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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