2 Mill Street, Penrith
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2 Mill Street, Penrith

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We have confidence in this estimated current valuation Updated recently
£64,032
Or £416 per month to rent Powered by AVM
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Listing history

For Sale
May 25, 2025
£180,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 2 Mill Street, Penrith, a cozy and compact terraced type home with 3 bed in the CA11 9AE area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band B.

This classic property was built before 1900 and has a reported internal area of 118.0 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £64,032 and a rental potential of £416 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to May 25, 2025. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"Located in this always popular area, easily accessible to the town centre and local amenities and transport links, a well presented, traditional, 2 reception, 3 bedroom sandstone Victorian townhouse, providing flexible accommodation over 3 levels, with a wide range of original features.

Offered to the market with no ongoing chain, with an option to purchase the majority of contents by negotiation, 2 Mill terrace is a distinctive Victorian terrace townhouse, found in well maintained order, located in the ever popular Castletown area of Penrith, easily accessible to the town centre, local transport links and Greystoke and the Lake District National Park.

Providing accommodation over 3 levels, from the front the main hallway has high ceilings, with the original coving and corbel style archway and leads to the lounge and 4 piece bathroom.

Stairs head downwards from the main hall to reach the kitchen, which has a door way leading to a covered area at the rear, and also the dining room, which has a useful storage area beyond.

From the main hallway, a return staircase with an arched window leads to the 3 bedrooms on the first floor.

Ideal for a growing family, or with excellent buy to let potential, viewing is recommended to appreciate.

Directions
From Penrith town centre, follow Castlegate, crossing the first roundabout. At the next roundabout take the first exit signposted Greystoke. Follow the road around the left and right hand bends, then fork right, onto Howard Street. At the T junction at the end of Howard Street turn right, onto Alexandra Road. At the end of Alexandra Road, turn onto Mill Street, number 2 is on the left.

Services
Mains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested.

Material Information
Standard construction.
We understand that broadband and mobile telephone reception are available. For an indication of speeds and supply please see
Vehicle parking is on road.
Pedestrian right of way to the rear.
The property is currently registered for business rates, and had a historic Band B council tax rating.

"

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £291 Try Mortgage Tracker
Energy £1,215 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Queen Elizabeth Grammar School Penrith
1.1mi
St Catherine's Catholic Primary School
1.1mi
Brunswick School
1.1mi
North Lakes School
1.4mi
Ullswater Community College
1.4mi
Nearby Stations
Penrith North Lakes Station
1.0mi
Langwathby Station
5.1mi
Lazonby & Kirkoswald Station
6.7mi
Armathwaite Station
10.0mi
Appleby Station
13.2mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 2 Mill Street, Penrith worth?

    2 Mill Street, Penrith is now worth £64,032 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 2 Mill Street, Penrith - click click here to get a valuation with no strings attached.

  2. What is the rental value of 2 Mill Street, Penrith?

    The current rental valuation for this property is £416 per month, within a price range of £375 and £458.

  3. How many bedrooms does 2 Mill Street, Penrith have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 2 Mill Street, Penrith?

    Nearby schools in include Queen Elizabeth Grammar School Penrith, St Catherine's Catholic Primary School, Brunswick School, North Lakes School, Ullswater Community College

    Nearby stations in include Penrith North Lakes Station, Langwathby Station, Lazonby & Kirkoswald Station, Armathwaite Station, Appleby Station.

  5. What type of property is 2 Mill Street, Penrith

    This is a Terraced property. There are 3 other Terraced properties on MILL STREET, and 9 in total.

  6. When was 2 Mill Street, Penrith built? How old is 2 Mill Street, Penrith?

    2 Mill Street, Penrith was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Carlisle, Cumbria Penrith, Cumbria Keswick, Cumbria Cockermouth, Cumbria Workington, Cumbria Maryport, Cumbria Appleby-in-westmorland, Cumbria Kirkby Stephen, Cumbria Ravenglass, Cumbria Holmrook, Cumbria