Lakes Estates says ..
This prime investment opportunity comprises six residential flats arranged over ground, first and second floors in a highly sought-after location close to Penrith town centre. The property benefits from excellent transport links, being within walking distance of Penrith Train Station and offering...
Property Oracle says ..
This property, located on Castlegate in Penrith, presents a substantial living space with 8 bedrooms and 6 bathrooms. Its central location offers good access to local amenities, schools, and transportation, including the nearby Penrith (North Lakes) train station. While the interior shows some modern updates, there is room for further refurbishment to maximize its potential. The absence of specified land or garden space is a drawback. However, the asking price of £320,000 seems reasonable, particularly given the size of the property and its prime location. The property is listed with Lakes Estates.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 8
- Bathrooms
- 6
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Metrics Year-on-Year
- Average area value
- 722,194.00 £Increased by 1.02 %
- Average area rental value
- 2,810.00 £/moDecreased by 41.46 %
- Est rental Yield
- 4.67 %Decreased by 42.06 %
- Crime Rate
- 36.00 %Unchanged by 0.00 %
Agent Activity
Lakes Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brunswick School | Community School | Good | 0.33 KM |
| Queen Elizabeth Grammar School Penrith | Academy Converter | 0.42 KM | |
| St Catherine'S Catholic Primary School | Voluntary Aided School | Good | 0.61 KM |
| North Eden Surestart Children'S Centre | Children's Centre | 0.86 KM | |
| Ullswater Community College | Foundation School | Requires improvement | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Castlegate | £ 0 | 0 | 0.00 KM |
| Morrisons Link | £ 0 | 0 | 0.00 KM |
| Brunswick Road | £ 0 | 0 | 0.00 KM |
| Garden Close | £ 0 | 0 | 0.00 KM |
| Tudor Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penrith (North Lakes) | 2102 | PNR | 0.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Castlegate, Penrith | £ 320,000 | BUY | 6 / 10 | 0.00 KM |
| 37 Castlegate, Penrith, Cumbria | £ 145,000 | BUY | 6 / 10 | 0.03 KM |
| Castle Foundry, Penrith | £ 170,000 | BUY | 7 / 10 | 0.06 KM |
| Flats 1 and 1A 44-45 Castlegate, Penrith, Cumbria, CA11 | £ 165,000 | BUY | 5 / 10 | 0.06 KM |
| 17 Castle Foundry, Castlegate, Penrith, Cumbria, CA11 7DH | £ 180,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Castlegate | £ 150,000 | 0.01 KM |
| 26a Castlegate | £ 75,000 | 0.01 KM |
| 37 Castlegate | £ 115,000 | 0.04 KM |
| 14 Castle Foundry | £ 167,000 | 0.05 KM |
| 19 Castle Foundry | £ 157,000 | 0.05 KM |