Fernleigh House, Morland, Penrith, CA10 3AY

- PROPERTY TYPE
Detached
- BEDROOMS
5
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME NEW LISTING. We are excited to present this charming Georgian detached house boasting 5 bedrooms, located within a prime location in Morland, Penrith.
- **Sycamore Cottage, Lower Gate, Penrith CA10 3BA SOLD FOR £590,000 IN NOV 23. Broadfold, Water Street, Penrith CA10 3AZ SOLD FOR £580,000 in Nov 23.**
- Similar properties in the area start from around £175 per night, (subject to necessary planning consents) At 70% occupancy, you could achieve an impressive £44,712 per annum, generating a remarkabl
- Available at a substantial discount, this property promises a swift auction sale, presenting a rare opportunity for buyers to secure both value and significant investment potential.
- Located near a variety of local amenities, including restaurants and cafes, and in proximity to schools and public transport, this property ensures convenience and accessibility for modern living.
Description
- PRIME NEW LISTING. We are excited to present this charming Georgian detached house boasting 5 bedrooms, located within a prime location in Morland, Penrith.
- **Sycamore Cottage, Lower Gate, Penrith CA10 3BA SOLD FOR £590,000 IN NOV 23. Broadfold, Water Street, Penrith CA10 3AZ SOLD FOR £580,000 in Nov 23.**
- Similar properties in the area start from around £175 per night, (subject to necessary planning consents) At 70% occupancy, you could achieve an impressive £44,712 per annum, generating a remarkable 12.7% gross yield if secured at the guide price.
- Available at a substantial discount, this property promises a swift auction sale, presenting a rare opportunity for buyers to secure both value and significant investment potential.
- Located near a variety of local amenities, including restaurants and cafes, and in proximity to schools and public transport, this property ensures convenience and accessibility for modern living.
PRIME NEW LISTING. We are excited to present this charming Georgian detached house boasting 5 bedrooms, located within a prime location in Morland, Penrith.
Property comprises:
The property comprises an inviting entrance hall leading to a well-equipped kitchen, a spacious dining room, a cosy living room, and an additional snug for relaxed evenings. The ground floor also features a convenient utility room, a generous pantry, and a roomy boot room. Venture upstairs to discover five spacious bedrooms offering flexibility for modern living. Bedroom 1, a large double, and the landing benefit from heating. Bedrooms 2 and 3 are also expansive doubles with pleasant views, while Bedroom 4 provides a large single space and Bedroom 5 serves as a practical home office. A three-piece family bathroom completes the first floor. Outside, the property offers a barn and an expansive cellar, adding further space and potential.
This property offers an excellent investment opportunity with the potential for serviced accommodation. Four-bedroom properties in the area start from around £175 per night, subject to necessary planning consents. At 70% occupancy, you could achieve an impressive £44,712 per annum, generating a remarkable 12.7% gross yield if secured at the guide price.
Available at a substantial discount, this property promises a swift auction sale, presenting a rare opportunity for buyers to secure both value and significant investment potential.
Located near a variety of local amenities, including restaurants and cafes, and in proximity to schools and public transport, this property ensures convenience and accessibility for modern living.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**Sycamore Cottage, Lower Gate, Penrith CA10 3BA SOLD FOR £590,000 IN NOV 23. Broadfold, Water Street, Penrith CA10 3AZ SOLD FOR £580,000 in Nov 23.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Morland, a picturesque village in Penrith, offers charming rural surroundings with easy access to local amenities. Known for its community spirit and natural beauty, it provides an ideal setting for both relaxation and accessibility to nearby attractions.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Fernleigh House, Morland, Penrith, CA10 3AY
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Visit our security centre to find out moreDisclaimer - Property reference 220921736. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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