Flats 1 and 1A 44-45 Castlegate, Penrith, Cumbria, CA11
By EDWIN THOMPSON
£ 165,000
Reviews
2 out of 5 stars
EDWIN THOMPSON says ..
Fully Let Freehold Residential Investment For Sale
Property Oracle says ..
This property comprises Flats 1 and 1A at 44-45 Castlegate, Penrith, Cumbria. It’s a two-bedroom flat listed at £165,000. The location in Penrith offers access to amenities, schools (Brunswick School is 0.29km away, Queen Elizabeth Grammar School is 0.47km away, and St Catherine’s Catholic Primary School is 0.58km away), and the Penrith (North Lakes) train station (0.34km). However, the specific location on Castlegate might not be the most desirable area of Penrith. The property’s condition appears reasonable based on the provided photos, although some minor updates could improve its overall presentation. The bathroom shows some signs of age and could benefit from modernisation. A key drawback is the apparent lack of any garden or outdoor space. The pricing appears competitive when compared to similar properties in the area, but the absence of key details such as square footage makes a definitive assessment difficult. Buyers should be aware of the potential need for some improvements and the lack of outdoor space. The absence of bathroom facilities is also a significant factor to consider. Overall, it presents a reasonable opportunity for a buyer looking for a property in Penrith but with a need for minor modernisation and the understanding that it is a flat without a garden.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 0
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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
- 40.00 %Unchanged by 0.00 %
Agent Activity
EDWIN THOMPSON created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brunswick School | Community School | Good | 0.29 KM |
| Queen Elizabeth Grammar School Penrith | Academy Converter | 0.47 KM | |
| St Catherine'S Catholic Primary School | Voluntary Aided School | Good | 0.58 KM |
| North Eden Surestart Children'S Centre | Children's Centre | 0.82 KM | |
| Ullswater Community College | Foundation School | Requires improvement | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Castlegate | £ 0 | 0 | 0.00 KM |
| Morrisons Link | £ 0 | 0 | 0.00 KM |
| Garden Close | £ 0 | 0 | 0.00 KM |
| Brunswick Road | £ 0 | 0 | 0.00 KM |
| Tudor Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Penrith (North Lakes) | 2102 | PNR | 0.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Flats 1 and 1A 44-45 Castlegate, Penrith, Cumbria, CA11 | £ 165,000 | BUY | 5 / 10 | 0.00 KM |
| Castlegate, Penrith, CA11 | £ 140,000 | BUY | 4 / 10 | 0.01 KM |
| 37 Castlegate, Penrith, Cumbria | £ 145,000 | BUY | 6 / 10 | 0.03 KM |
| Flat 1 and 1A, 44-45 Castlegate, Auction Mart House, CA11 | £ 165,000 | BUY | Unknown | 0.04 KM |
| Castle Foundry, Penrith | £ 170,000 | BUY | 7 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 Castlegate | £ 137,000 | 0.00 KM |
| 42 Castlegate | £ 90,000 | 0.00 KM |
| 41 Castlegate | £ 85,000 | 0.00 KM |
| 37 Castlegate | £ 115,000 | 0.02 KM |
| 1 Castle Foundry | £ 185,000 | 0.03 KM |