Fernleigh House, Morland, Penrith, CA10 3AY

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.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.