How Mill, Brampton
David Britton Estates logo

How Mill, Brampton

By David Britton Estates

£ 399,000

Reviews

3 out of 5 stars

David Britton Estates says ..

RESIDENTIAL DEVELOPMENT OPPORTUNITY! Barn conversion to convert from a existing commercial building into 3 residential dwellings. Subject to a variation in Planning Permission the property could also be converted into a single, large, characterful and lovely sandstone dwelling.

Property Oracle says ..

How Mill in Brampton, Cumbria, presents a unique opportunity: a barn conversion with potential for residential development. Currently configured as offices, the property boasts a substantial size (1923.51 sq ft), seven bedrooms and six bathrooms once converted. The exposed sandstone walls and exposed beams lend a characterful charm. The listing details highlight the potential to create three separate dwellings or one large residence. Its location in Brampton offers access to good schools and proximity to Carlisle and other areas of the county. The property benefits from a small yard and some external space, although this is minimal. The photos provided provide an overview of the interior finishes and layout which is currently set up as offices, making it difficult to fully evaluate the condition without an in-person viewing. The current price points to the ongoing need for extensive conversion work to make this property habitable and must be factored in, adding considerable cost. Overall the listing represents an attractive investment prospect. But would be a significant undertaking. The current configuration is practical, but would require extensive redesign and modification for a residential use. There are significant costs and planning considerations that will need to be addressed. Due diligence is critical before purchasing. Buyers should carefully assess the potential renovation costs and planning permissions required, as well as the long-term value of the converted property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
7
Bathrooms
6
Sqft (est)
1,923.51

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
265,698.00 £
Decreased by 3.58 %
from 275,571.00 £
Est sale value
665,534.46 £
Increased by 7.79 %
from 617,446.71 £
Average area rental value
1,198.00 £/mo
Increased by 10.21 %
from 1,087.00 £/mo
Est letting value
1,923.51 £/mo
Unchanged by 0.00 %
from 1,923.51 £/mo
Est rental Yield
5.41 %
Increased by 14.38 %
from 4.73 %
Crime Rate
79.00 %
Unchanged by 0.00 %
from 79.00 %

Agent Activity

  • David Britton Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Hayton Cofe Primary SchoolFoundation SchoolOutstanding1.31 KM
Irthington Village SchoolCommunity SchoolGood5.29 KM
Great Corby Primary SchoolAcademy ConverterGood5.55 KM
Warwick Bridge Primary SchoolFoundation SchoolGood5.59 KM
Kirby Moor SchoolOther Independent Special SchoolOutstanding5.88 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
How Lane £ 597,00000.00 KM
Westlea £ 235,00000.00 KM
How Street £ 180,00000.00 KM
Stonehouse Cottages £ 711,66700.00 KM
Fairfields £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wetheral7572WRL6.82 KM
Brampton (Cumbria)7565BMP8.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
How Mill, Brampton £ 399,000BUY6 / 100.00 KM
Arthurs Old Barn, How Mill, Brampton, CA8 9JY £ 450,000BUYUnknown0.13 KM
How Mill, nr Brampton, CA8 £ 315,000BUY7 / 100.14 KM
Mill House Cottage, How Mill, Brampton, CA8 £ 180,000BUYUnknown0.77 KM
Chestnut Cottage, Hayton £ 150,000BUY6 / 101.30 KM

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