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1 Blencathra Street, Keswick, CA12 - Image 1
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1 Blencathra Street, Keswick, CA12

North East

£600,000

Listed on 31/08/2026

The listing

Property details

Bedrooms
6
Type
Detached

Description

This unique property in the heart of Keswick presents an exceptional opportunity for those looking to invest in residential real estate. Comprising three self-contained apartments, each requiring modernisation, this detached house is ready to be transformed into desirable living spaces. The thoughtful layouts of the apartments ensure that residents enjoy comfortable living, with spacious sitting rooms that serve as a welcoming heart of each home. The adjacent kitchen diners promote a sociable atmosphere, perfect for everyday living. Generously sized bedrooms provide the essential breathing space that many buyers seek, complemented by individual bathrooms for each apartment. Outside, the property boasts the added benefit of garages for each unit, a rarity in town centre locations, along with off-road parking to alleviate the common challenge of finding a space. Situated in a prime location, this property is surrounded by the stunning landscapes of the Lake District, with easy access to local amenities including shops, cafés, and the renowned Theatre by the Lake. The appeal of Keswick as a year-round destination enhances the rental potential of these apartments, making this an attractive investment opportunity. Whether seeking to modernise and occupy one unit while letting the others, or developing all three as income-generating homes, the possibilities are vast. Viewing is essential to fully appreciate the potential this property holds.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

40out of 100
Grade ELow opportunity

Confidence: LOW

This unique property in Keswick presents an intriguing opportunity for buyers willing to undertake a renovation project. With three self-contained apartments under one roof, the layout allows for flexibility, whether for personal use or rental potential. The living spaces, while dated, have a cozy feel, and the generous bedroom proportions ensure comfortable living. The exterior is in good condition, and each apartment benefits from its own garage — a rarity in town centre locations.

However, the asking price of £600,000 seems relatively high compared to the local average of £410,232. Without a clear floor area, calculating the price per square foot is challenging, making the value proposition less straightforward. Nevertheless, this property offers significant potential for those ready to modernise the interiors, and with a renovation budget estimated between £50,000 and £100,000, there is ample room for improvement. It's a canvas waiting for the right buyer to bring it to life.

Key opportunities

  • Three self-contained apartments offer flexibility for personal use or rental.
  • Generous bedroom sizes and good living space layouts allow for creative redesign.
  • Good external condition with the added benefit of garages for each apartment.

Key risks

None recorded.

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Map

Location

1 Blencathra Street, Keswick, CA12
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £450,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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