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2 bed property, in Castlegate Mews, £130,000
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2 bed terraced house

Castlegate Mews, Penrith, Cumbria
£130,000
-7.1%
Freehold

Price History

Initial price £139,950
May 15, 2026 £130,000
Price Change -7.1%

The 2-bedroom freehold terrace property is located in Penrith, Cumbria, and benefits from a reliable rental market supported by local employment, tourism, and transport links. The property is situated on the edge of the Lake District National Park and is close to a wide range of amenities, including shops, leisure facilities, and schools. The accommodation comprises two well-proportioned bedrooms and a dedicated utility room, with a current rental income of £795 per month and an annual income of £9,540. The property has an energy rating of C, freehold tenure, and is already let, providing a strong net yield of 6.8% with minimal hassle.