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2 bedroom apartment for sale

Flat 6, Wreay Mansion, Watermillock, Penrith

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 2 bedroomed maisonette apartment
  • Flexible living space
  • Set in spacious, maintained grounds with communal gardens
  • Open views over Ullswater to Barton Fell and High Street
  • Ideal holiday home/ holiday let
  • No ongoing chain

Description

Part of a former hunting lodge, in the quiet Watermillock area of the Ullswater Valley in the Lake District National Park, a great opportunity to acquire a well presented, 2 bed, maisonette apartment with open views over Ullswater to Barton Fell & High Street. Set in spacious, maintained grounds.

Originally converted from the former hunting lodge and Lake District retreat of the Duke of Norfolk, Wreay Mansions occupies a commanding elevated position above Lake Ullswater, offering breathtaking, uninterrupted vistas across the lake and surrounding fells.

Nestled within tranquil, well maintained grounds, the property combines peaceful seclusion with convenient access to Penrith and the M6, making it a perfect retreat or, with no occupation restrictions, a distinguished permanent home.

Offered to the market with no ongoing chain and available with the majority of contents by negotiation, the property has most recently operated successfully as a holiday rental when not being used by our clients.

During a reduced season from Easter to October, it generates a gross income of approximately £12,000, offering potential for both lifestyle enjoyment and investment.

Forming the upper two floors of this historic building, the accommodation is both charming and practical. The entrance hall and downstairs bathroom lead into the main hallway and landing, while the living room commands the front-facing views and features a Morsø multifuel stove and built-in storage, creating a warm and inviting space, with the adjacent kitchen dining room being fully fitted and equipped.

A return staircase ascends to the upper landing, which benefits from additional built-in storage and leads to two double bedrooms, the second of which enjoys a walk-in store cupboard, combining comfort with clever practicality.

Externally, the property includes an allocated parking space to the rear, with a second space in the lower-level car park.

Always highly sought after, viewing is essential to fully appreciate the unique character, elevated position, and exceptional lifestyle offered by this remarkable Lake District residence.

Directions
From the A66 take the A592 signed for Ullswater. On reaching the lake road turn right towards Glenridding. Turn right at Brackenrigg Hotel. This country lane rides up and the property is on the right hand side by the Lodge House.

Services
Oil powered central heating with mains electric and water being connected. Neither these services nor any boilers or radiators have been tested. Drainage is to a private communal treatment plant.

Key Information:
• Standard construction.
• We understand that broadband and mobile telephone reception are available. For an indication of speeds and supply please see the OFCOM website:
• There is private off road vehicle parking.
• The property is inside the National Park.
• The property is leasehold, with 977 years remaining. Each leaseholder owns a share of the freehold. There is a ground rent and a site service charge of £1392 PA.

Council Tax:
The property is currently banded for business rates. The current rateable value (1 April 2023 to present) is £2,400, however as the property is registered under the small business rate relief scheme the cost is zero.

Entrance Hall

Bathroom

2.36m (max) x 2.18m (max)

Main Hallway

Living Dining Room

6.45m (max) x 3.96m (max)

Kitchen Dining Room

3.1m x 2.84m

Top Floor Landing

Bedroom 1

4.47m x 3.5m

Bedroom 2

4.47m x 3.15m

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Flat 6, Wreay Mansion, Watermillock, Penrith

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About H&H Land & Estates, Penrith

1a St. Andrews View Penrith CA11 7YF
Industry affiliations:

H&H Land & Estates are one of the North's leading independent Estate and Residential Letting Agents with a heritage that gives us a depth of knowledge and experience unrivalled in the local market.

Our dedicated team operates across a vast expanse of stunning locales, spanning Cumbria, Northumberland, County Durham, North Yorkshire, and into North Lancashire. With seven strategically positioned offices in Carlisle, Cockermouth, Durham, Kendal, Northallerton, Penrith and Staveley, we are your local experts, armed with a wealth of experience in the property market.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,597
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference PEN190117. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by H&H Land & Estates, Penrith. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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