At £199,950, the property is priced below the average property price in the area. Given that it is being sold as a ‘development opportunity’, the price reflects the work required to make it habitable. Considering the average price per square foot in the area is around £500, this property offers potential value for money, especially for someone looking to undertake a renovation project in a sought-after location.

Currently, the property appears to be a stone-built garage or outbuilding requiring significant renovation or redevelopment. The images suggest the existing structure is in a basic state, needing considerable work to convert it into a habitable dwelling. The architectural plans show a proposed renovation, indicating the current condition is not that of a finished living space.

The property is located in Troutbeck, a desirable area within the Lake District. It is a semi-rural location, offering a balance between accessibility and countryside living. Windermere is approximately 5km away and offers rail links.

The property includes some land, as seen in the images, with space for a garden or landscaping. The plot size, while not specified, appears adequate for a small to medium-sized garden, enhancing the property’s appeal.