4 Merchant House Two Lions Square, Penrith
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4 Merchant House Two Lions Square, Penrith

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We have confidence in this estimated current valuation Updated recently
£143,000
Or £930 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jul 11, 2018
£130,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 4 Merchant House Two Lions Square, Penrith, a cozy and compact flat type home with 2 bed in the CA11 7EN area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band .

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £143,000 and a rental potential of £930 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 Jul 11, 2018. 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.

" Size is everything! This exceptional modern penthouse apartment has over 1,000 sq ft of living space, in fact, it is bigger than many modern houses.

In the heart of the town, within the prestigious New Squares development 4 Merchant House has generous accommodation comprising: Communal Hallway, Inner Hallway, Open Plan Living Room with Kitchen, 2 Double Bedrooms, an En-Suite Shower Room + a Bathroom. Being a top floor property, there is also a Private Roof Terrace with a outlook across Penrith.

The apartment also benefits from an Air Source Heat Pump and Full Double glazing, giving an impressive EPC rate of C

Location Merchant House is central to Penrith, forming part of the New Squares development. easiest way to the property from the Wilkes-Green + Hill office is to turn left from the front door, walk past William Hill and cross the road. to the right of Dana, walk through the Two Lions Yard and the passageway, then turn right and then left into the square, Merchant House is opposite Sports Direct. Amenities Penrith is a popular market town with a population of around 15,000 people and facilities include: infant, junior and secondary schools with a further/higher education facility at Newton Rigg College. There are 5 supermarkets and a good range of locally owned and national high street shops. Leisure facilities include: a leisure centre with; swimming pool, climbing wall, indoor bowling, badminton courts and a fitness centre as well as; golf, rugby and cricket clubs. There is also a 2 screen cinema and Penrith Playhouse. Penrith is known as the Gateway to the North Lakes and is conveniently situated for Ullswater and access to the fells, benefiting from the superb outdoor recreation opportunities. Services Mains water, drainage and electricity are connected to the property. Heating is via a heat exchange system and telephone is connected subject to BT. regulations. Tenure The vendor informs us that the property is leasehold with a term of 145 years from 30/04/2013 and the council tax is band B. The vendor has informed us that the monthly service charge is ?184.00, this includes: the building insurance, cleaning of the communal areas, both inside and out, communal lighting and the window cleaning. Viewing STRICTLY BY APPOINTMENT WITH WILKES-GREEN + HILL ACCOMMODATION Entrance Through a communal hallway and stairwell to a private landing with a door to the; Hall Having a large built in coat cupboard, also housing the MCB consumer unit and a second cupboard housing the hot water tank and with plumbing for a washing machine. There is a double radiator Open Plan Living Area 5.74m x 7.32m

(18'10 x 24') With a double glazed sash window and French doors onto private roof terrace. There are two double radiators, a TV/satellite point and telephone point. The kitchen area is fitted with a range of white, Shaker style wall and base units with a granite effect work surface incorporating a stainless steel 1 1/2 bowl single drainer sink, mixer taps and a tiled splash back. There is a built in electric oven and ceramic hob with a stainless steel extractor hood above and also an integrated fridge freezer. Bedroom One 4.52m x 3.40m (14'10 x 11'2) Having two double glazed sash windows overlooking the main concourse. There is a double radiator, a TV aerial point and telephone point. En - Suite 1.88m x 1.55m + shower (6'2 x 5'1 + shower) Fitted with a white toilet, wash basin and a tiled shower enclosure with a mains fed shower. The floor is tiled and there is a heated towel rail and extractor fan. Bedroom Two 3.43m x 4.37m (11'3 x 14'4) Having a double glazed sash window overlooking the main concourse and there is; a double radiator and built in wardrobes providing hanging and shelf space. Bathroom 1.70m x 2.62m (5'7 x 8'7) Fitted with a white three piece suite having mixer shower over the bath, tiles around and a clear shower screen. The floor is tiled and there is a heated towel rail and a double sash window. Outside 3.66m x 4.88m

(12' x 16') There is a private roof terrace, accessed from the living room French windows and with views across Penrith to the Beacon.

There is a private parking space in a shared car park which is accessed off Castle Hill Road "

Property Data

Data point Compared to road

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £651 Try Mortgage Tracker
Energy ££600 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

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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
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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

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
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Strengths

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 4 Merchant House Two Lions Square, Penrith worth?

    4 Merchant House Two Lions Square, Penrith is now worth £143,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 4 Merchant House Two Lions Square, Penrith - click click here to get a valuation with no strings attached.

  2. What is the rental value of 4 Merchant House Two Lions Square, Penrith?

    The current rental valuation for this property is £930 per month, within a price range of £837 and £1,022.

  3. How many bedrooms does 4 Merchant House Two Lions Square, Penrith have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 4 Merchant House Two Lions Square, 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 4 Merchant House Two Lions Square, Penrith

    This is a Flat property. There are 4 other Flat properties on TWO LIONS SQUARE, and 4 in total.

  6. When was 4 Merchant House Two Lions Square, Penrith built? How old is 4 Merchant House Two Lions Square, Penrith?

    4 Merchant House Two Lions Square, Penrith was was built between .

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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