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Ivebank, Ivegill CA4

North East

£695,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
4244 sqft

Description

Situated in an elevated setting within the picturesque village of Ivegill, this Grade II listed residence, which dates back to the 17th century, offers a unique opportunity for renovation and investment. Spread across approximately 2 acres of stunning grounds, this four-bedroom home retains much of its historic charm while presenting avenues for modern updates and enhancements.

As you enter, the traditional beamed hallway leads to a spacious lounge featuring an original fireplace and shuttered windows, providing a warm focal point. Adjacent to it is a snug equipped with a sandstone fireplace and wood-burning stove, ideal for cozy evenings. The formal dining room showcases ornate cornicing and window seats that overlook the expansive gardens, enhancing its character.

The bespoke kitchen serves as the core of the home, complete with high-end German appliances and an oil-fired Aga. The ground floor further includes a versatile conservatory that invites garden views, practical utility space, and a WC. The original architectural features such as dual staircases and built-in storage speak volumes about its heritage.

Upstairs, you will find four well-proportioned double bedrooms including a master suite boasting lovely countryside vistas. The family bathroom is elegantly designed with luxury fixtures, adding potential for personalization to suit one’s taste.

The extensive grounds ensure both privacy and flexibility, accessible via sweeping driveways that lead to ample parking space. A double garage/workshop with electric doors along with several outbuildings present exciting development possibilities (subject to necessary planning permissions). Additionally, an office area complete with power connections makes this an excellent choice for remote work.

The well-maintained gardens feature manicured lawns along with mature trees and woodland areas, creating serene outdoor spaces complemented by a stream along the boundary. An adjoining paddock further enhances the property’s appeal for various outdoor activities or potential business ventures.

Ivegill combines rural charm with convenient access to local amenities including a primary school and nursery. Just 8 miles from both Penrith and Carlisle, residents have easy connectivity to major road networks leading into the beautiful Lake District National Park. This property not only represents a slice of Cumbrian history but also embodies significant potential for future enhancement.

Investment Analysis

(CA4 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%
Potential saving
This Property
£164/sq ft
Area Average
£238/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,109,912
10% above area average per sq ft
Potential ROI
+39.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CA4)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -6.4%
5 year growth: +7.6%
Investment Disclaimer: Analysis based on CA4 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

Ivebank, Ivegill CA4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,462
Based on a loan of £521,250 over 30 years at 3.91% 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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