Prime town-centre location, immediate access to shops and transport
A compact, characterful one-bedroom first-floor apartment in the heart of Penrith town centre, well suited to buy-to-let investors or anyone prioritising convenience. The building’s industrial conversion features high ceilings, exposed brick and large windows that give the living space a sense of scale despite the modest overall footprint.
The flat has a living room with French doors and a mezzanine level that provides flexible extra space for storage, a home office or occasional sleeping area. A separate kitchen and bathroom accompany a double bedroom; total floor area is approximately 499 sq ft. The property has double glazing (installed before 2002), mains gas central heating with boiler and radiators, and has been successfully rented for many years, demonstrating reliable rental demand in this town-centre location.
Buyers should be aware of key negatives: tenure is currently unknown and must be confirmed before purchase; the wider area scores as deprived with a very high recorded crime rate; the building’s stone walls likely have no insulation (as-built), so energy efficiency and running costs may be lower than modern standards. EPC is listed as pending. These are material points for landlords and owner-occupiers alike and could affect mortgage or letting terms.
Priced at £99,000, this apartment offers a straightforward entry into Penrith’s rental market with immediate town-centre access to shops, cafes, transport and local schools. For investors, the property’s rental history and central location are attractive; for an owner-occupier wanting minimal commuting and urban amenities on the doorstep, it provides a compact, characterful home. Confirm tenure, EPC and any planned building works before committing.
