Flats 1 and 1A 44-45 Castlegate, Penrith, Cumbria, CA11
ED

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
722,194.00 £
Increased by 1.02 %
from 714,889.00 £
Average area rental value
2,810.00 £/mo
Decreased by 41.46 %
from 4,800.00 £/mo
Est rental Yield
4.67 %
Decreased by 42.06 %
from 8.06 %
Crime Rate
40.00 %
Unchanged by 0.00 %
from 40.00 %

Agent Activity

  • EDWIN THOMPSON created the listing.

Nearby Schools

NameTypeOfstedDistance
Brunswick SchoolCommunity SchoolGood0.29 KM
Queen Elizabeth Grammar School PenrithAcademy Converter0.47 KM
St Catherine'S Catholic Primary SchoolVoluntary Aided SchoolGood0.58 KM
North Eden Surestart Children'S CentreChildren's Centre0.82 KM
Ullswater Community CollegeFoundation SchoolRequires improvement0.85 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Castlegate £ 000.00 KM
Morrisons Link £ 000.00 KM
Garden Close £ 000.00 KM
Brunswick Road £ 000.00 KM
Tudor Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penrith (North Lakes)2102PNR0.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flats 1 and 1A 44-45 Castlegate, Penrith, Cumbria, CA11 £ 165,000BUY5 / 100.00 KM
Castlegate, Penrith, CA11 £ 140,000BUY4 / 100.01 KM
37 Castlegate, Penrith, Cumbria £ 145,000BUY6 / 100.03 KM
Flat 1 and 1A, 44-45 Castlegate, Auction Mart House, CA11 £ 165,000BUYUnknown0.04 KM
Castle Foundry, Penrith £ 170,000BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
43 Castlegate £ 137,0000.00 KM
42 Castlegate £ 90,0000.00 KM
41 Castlegate £ 85,0000.00 KM
37 Castlegate £ 115,0000.02 KM
1 Castle Foundry £ 185,0000.03 KM