2 Tournament Square, Bowling Green Lane, Penrith New Squares, Penrith, Cumbria, CA11 7GP
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2 Tournament Square, Bowling Green Lane, Penrith New Squares, Penrith, Cumbria, CA11 7GP

By Hackney & Leigh

£ 120,000

Reviews

3 out of 5 stars

Hackney & Leigh says ..

Welcomed to the market in turn key condition is this, 1 bedroom, first floor apartment located in the heart of Penrith. The property briefly comprises of, fitted kitchen / dining / living room featuring high ceilings throughout, secure entry system, lift access and allocated parking.

Property Oracle says ..

This one-bedroom apartment located at 2 Tournament Square, Penrith, offers a convenient location within easy reach of Penrith town centre and its amenities. The apartment is presented in excellent condition according to the photographs, with a modern, well-maintained interior. The open-plan living space is well-lit and features a contemporary kitchen. The inclusion of allocated parking is a significant advantage. While the small size of the plot and limited outdoor space is a factor to consider, the property’s overall presentation and location in Penrith make it an attractive option for first-time buyers or investors seeking a lock-up-and-leave property in the heart of a popular Cumbrian town. The lack of details regarding the square footage of both the apartment and the land plot, as well as limited information on the average price per square foot in the area, make a precise valuation challenging. The average price of neighboring streets ranges widely, impacting the overall assessment of the property’s value. The property shows good potential as a rental investment or for a first-time buyer and has multiple advantages but limitations regarding the size of its outdoor area and plot

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
7
Condition
8
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
565.11

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 £
Est sale value
264,471.48 £
Increased by 2.63 %
from 257,690.16 £
Average area rental value
2,810.00 £/mo
Decreased by 41.46 %
from 4,800.00 £/mo
Est letting value
565.11 £/mo
Decreased by 66.67 %
from 1,695.33 £/mo
Est rental Yield
4.67 %
Decreased by 42.06 %
from 8.06 %
Crime Rate
71.00 %
Unchanged by 0.00 %
from 71.00 %

Agent Activity

  • Hackney & Leigh created the listing.

Nearby Schools

NameTypeOfstedDistance
North Eden Surestart Children'S CentreChildren's Centre0.32 KM
Ullswater Community CollegeFoundation SchoolRequires improvement0.45 KM
Brunswick SchoolCommunity SchoolGood0.52 KM
North Lakes SchoolCommunity SchoolGood0.72 KM
Queen Elizabeth Grammar School PenrithAcademy Converter0.82 KM

Images

Tournament House Kitchen/Dining/Li... Bedroom Bathroom Kitchen/Dining/Li... Kitchen/Dining/Li... Kitchen/Dining/Li... Kitchen/Dining/Li... Communal Patio

Nearby Streets

NameAverage PriceAverage SqftDistance
New Squares £ 70,00000.00 KM
Crown Square £ 000.00 KM
Crown Terrace £ 000.00 KM
Brown Yard £ 000.00 KM
White Hart Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Penrith (North Lakes)2102PNR0.82 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
37a King Street £ 59,0000.05 KM
44a King Street £ 65,0000.05 KM
34a Rowcliffe Lane £ 74,0000.07 KM
44b Rowcliffe Lane £ 95,0000.07 KM
8a Crown Square £ 80,0000.09 KM