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Ivebank, Ivegill CA4 - Image 1
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Ivebank, Ivegill CA4

North East

£695,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
4244 sqft

Description

Situated in a prominent position within the picturesque village of Ivegill, this Grade II listed residence dates back to the 17th century and offers a unique blend of historic charm and modern functionality. Spanning approximately 2 acres, the property features beautifully landscaped grounds that ensure both privacy and ample outdoor space for various activities. Upon entering the home, you are greeted by a traditional beamed hallway that leads into a spacious lounge bathed in natural light. The room boasts an original fireplace framed with wood, alongside shuttered windows that enhance its classic appeal. A cozy snug, complete with a sandstone fireplace and wood-burning stove, provides a welcoming retreat. The formal dining area showcases ornate cornicing and features a window seat that invites serene views of the garden. At the heart of the home lies a bespoke kitchen crafted in Germany, equipped with premium Zanussi appliances and an oil-fired Aga. Additional ground floor highlights include a conservatory that captures garden views, a utility room offering practicality, and a conveniently located WC. Throughout the home, original architectural details such as dual staircases, exposed beams, and built-in storage reflect its storied past. The first floor accommodates four generously sized double bedrooms, including a master suite with stunning countryside vistas. The luxurious family bathroom stands out with Villeroy & Boch fixtures, featuring both a freestanding clawfoot bath and a walk-in rainfall shower. The extensive grounds provide not only beauty but also investment potential. Accessed via two sweeping driveways leading to substantial parking areas, the property includes a large double garage/workshop with electric doors and several outbuildings that could be developed or repurposed (subject to planning permission). There is also an equipped home office space suitable for remote work setups. Surrounding gardens feature manicured lawns interspersed with mature trees and woodland areas while a picturesque stream borders the property. An adjacent paddock completes this secluded estate, offering opportunities for outdoor activities or even small-scale business ventures. Ivegill itself strikes an excellent balance between rural seclusion and accessibility to community amenities such as schools and local shops. Located approximately 8 miles from both Penrith and Carlisle, residents benefit from easy access to major road networks like the M6 and A6, positioning them near the Lake District National Park. This property not only represents historical significance within Cumbrian heritage but also presents an exciting opportunity for renovation or investment in an idyllic setting. A personal visit is recommended to fully appreciate the character and possibilities this distinguished residence offers.

Investment Analysis

(CA4 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£164/sq ft
Area Average
£243/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,132,554
10% above area average per sq ft
Potential ROI
+39.0%
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
20%
Properties sold annually

Local Market Trend (CA4)

Area prices are rising by +10.5% over the last 12 months
3 year growth: -3.5%
5 year growth: 20.2%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,546
Based on a loan of £521,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE