# 2 bedroom ground floor flat for sale (CA11 9GZ) ## Property Details | Key | Value | |-----|-------| | Address | 6 CAMBRIDGE DRIVE, PENRITH, WESTMORLAND AND FURNESS CA11 9GZ | | Price | £175,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 2012 onwards | | Floor area | 68 m² | | Last sold | £150,000 Jan 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Current heating cost:** £412/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2354-3046-2209-5175-0204) ## Description Immaculate, two bedroom ground floor apartment benefiting from having a small private garden area and off road parking. Built by Russell Armer in 2013. The property is spacious throughout including an open plan kitchen/diner/lounge. The kitchen having modern units, built in fridge/freezer, and washing machine. The lounge/dining area has patio doors leading out to a small garden. There are two good size bedrooms, modern bathroom and a through hallway. The property also benefits from Gas Central Heating via a Condensing boiler and is fully double glazed. Council Tax Band: B (Westmorland & Furness Council) Tenure: Leasehold (999 years) Service Charge: £150 per year 999 years from January 2013 ## Property Photos - ![Photo](/listings/photos/171031658/599799) - ![Photo](/listings/photos/171031658/599800) - ![Photo](/listings/photos/171031658/599801) - ![Photo](/listings/photos/171031658/599802) - ![Photo](/listings/photos/171031658/599803) - ![Photo](/listings/photos/171031658/599804) - ![Photo](/listings/photos/171031658/599805) - ![Photo](/listings/photos/171031658/599807) - ![Photo](/listings/photos/171031658/599810) - ![Photo](/listings/photos/171031658/599811) - ![Photo](/listings/photos/171031658/599814) - ![Photo](/listings/photos/171031658/599816) - ![Photo](/listings/photos/171031658/599818) ## Floorplans - ![Floorplan 1](/listings/photos/171031658/599821) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/171031658/599823) - EPC - ![EPC](/listings/photos/171031658/599837) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 6 CAMBRIDGE DRIVE, PENRITH, WESTMORLAND AND FURNESS, CA11 9GZ | £150,000 | 31/01/2025 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 18 PEMBROKE PLACE, PENRITH, WESTMORLAND AND FURNESS, CA11 9HB | £107,500 | 27/10/2023 | Flat | | 25 PEMBROKE PLACE, PENRITH, WESTMORLAND AND FURNESS, CA11 9HB | £110,000 | 18/09/2023 | Flat | | THE ORCHARD 27 MONKS CLOSE, PENRITH, WESTMORLAND AND FURNESS, CA11 9JG | £151,000 | 26/05/2023 | Flat | | [Same street] 21 CAMBRIDGE DRIVE, PENRITH, WESTMORLAND AND FURNESS, CA11 9GZ | £220,500 | 10/05/2023 | Semi-detached | | THE ORCHARD 22 MONKS CLOSE, PENRITH, EDEN, CUMBRIA, CA11 9JG | £157,000 | 09/09/2022 | Flat | | 24 PEMBROKE PLACE, PENRITH, EDEN, CUMBRIA, CA11 9HB | £105,000 | 20/05/2022 | Flat | | THE ORCHARD 29 MONKS CLOSE, PENRITH, EDEN, CUMBRIA, CA11 9JG | £167,000 | 18/01/2022 | Flat | | [Same street] 1 CAMBRIDGE DRIVE, PENRITH, EDEN, CUMBRIA, CA11 9GZ | £189,950 | 13/12/2021 | Terraced | | 9 PETTERIL ROAD, PENRITH, EDEN, CUMBRIA, CA11 9HD | £105,000 | 10/11/2021 | Flat | | COCKELL HOUSE 5 DROVERS LANE, PENRITH, EDEN, CUMBRIA, CA11 9HF | £150,000 | 01/10/2021 | Flat | | [Same street] 4 CAMBRIDGE DRIVE, PENRITH, EDEN, CUMBRIA, CA11 9GZ | £155,000 | 06/07/2021 | Terraced | **Street average:** £188,483 (3 sales) **Area average:** £131,563 (8 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £119,521 (12 Flat, CA11, 2024–2026) - **Deviation:** +46.4% ## Rental Range *ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £856/mo - **Realistic:** £951/mo - **Optimistic:** £1,046/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for North Cumbria (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £474/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Semi-Detached House, Chase Park, CA11 | £850/mo | 2 | 0.44 miles | OpenRent | | 2 Bed Flat, Tournament House, CA11 | £790/mo | 2 | 0.6 miles | OpenRent | | 2 Bed Flat, Lady Anne Court, CA11 | £800/mo | 2 | 1.03 miles | OpenRent | | 2 Bed Flat, Bridge Lane, CA11 | £800/mo | 2 | 1.04 miles | OpenRent | **Average rent: £810/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.46% (weak for cashflow) - **Max investor price (0.8%):** £100,000 - **Target investor price (1%):** £80,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £800/mo).* - **Gross yield:** 5.5% - **Cost-to-rent:** 18.2× - **Monthly cashflow:** £6/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,574/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -4.9% - **10y growth:** 21% ## House Price Index (HM Land Registry) *Official index for North West; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -7.4% - **5y growth (index):** 6.8% - **10y growth (index):** 45.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)