Written by Roseanne Bradley,
16th October 2024

The British Lake District, renowned for its picturesque landscapes and tranquil lakes, is also home to some of the most charming market towns in the UK. For international property buyers and those returning to the UK, these towns offer a blend of scenic beauty, rich history and modern amenities.

If you’re looking to get back to nature, join us as we explore five notable market towns in and around the Lake District. For each location, we’ll look into the property market, type of homes available and what you can get for your money.

1.     Kendal

Kendal: Multishooter via Shutterstock.

Kendal, often referred to as the “Gateway to the Lakes,” is a bustling market town known for its historical architecture and vibrant community. It’s known for its cultural scene, including the Brewery Arts Centre, which hosts a variety of performances and events. The town has a range of independent shops, cafes and restaurants, which make it a lively place to live. Outdoor enthusiasts will appreciate the proximity to the Lake District, offering numerous opportunities for hiking, cycling, and water sports.

Transport links in Kendal are excellent, with the town being well-connected by road and rail. The M6 motorway is nearby, providing easy access to major cities like Manchester to the south and Glasgow to the north. Kendal railway station offers regular services to Windermere and Oxenholme, where you can connect to the West Coast Main Line.

Property in Kendal

The town boasts a variety of property types, from traditional stone cottages to modern apartments. According to Royal Institution for Chartered Surveyors data, the average house price in Kendal is around £280,000.

Detached houses typically cost between £350,000 and £500,000, while terraced houses and flats are more affordable, ranging from £150,000 to £250,000.

2.     Penrith

Penrith clocktower

Penrith: Rob Atherton via Shutterstock.

Penrith, located just outside the Lake District National Park, is a historic town with a strong sense of community. The town has a strong community spirit, with regular markets and local events to support a range of causes and celebrations. Penrith Castle and the nearby Rheged Centre provide cultural and historical attractions. The town’s location just outside the Lake District makes it ideal for those who enjoy outdoor activities but prefer a quieter, less touristy environment. There are also excellent schools and healthcare facilities, making it a great choice for families.

Penrith benefits from excellent transport links, including the M6 motorway and the A66, which connects to the east coast. Penrith North Lakes railway station provides direct services to London, Glasgow, and Edinburgh, making it an ideal location for commuters.

Property in Penrith

The property market here is diverse, featuring Georgian townhouses, Victorian terraces, and new-build developments. In spring 2024, the average house price in Penrith was approximately £260,000 Detached homes can be found for around £350,000, while semi-detached and terraced houses range from £180,000 to £250,000 (RICS, 2024).

3. Keswick

Keswick, Cumbria

Keswick: Pete Stuart via Shutterstock.

Keswick, situated on the shores of Derwentwater, is a picturesque market town popular with tourists and residents alike. The Cumbrian town is a haven for outdoor enthusiasts and nature lovers as it’s surrounded by fantastic views, including Derwentwater and the fells. It’s a popular destination for hiking, boating and climbing. Keswick also has a thriving arts scene, with the Theatre by the Lake offering a range of performances. The town’s bustling market square is home to a variety of shops, cafes, and restaurants, providing a lively atmosphere year-round.

Despite its rural setting, Keswick is well-connected by road, with the A66 providing access to Penrith and the M6. Public transport options include regular bus services to nearby towns and villages.

Property in Keswick

The town offers a mix of traditional Lakeland cottages, modern homes, and luxury apartments. House prices in Keswick are higher than in other towns, with an average price of around £350,000. Detached properties can exceed £500,000, while terraced houses and flats are typically priced between £200,000 and £300,000.

4. Cockermouth

Cockermouth

Cockermouth: travellight via Shutterstock.

Cockermouth, known for its Georgian architecture and literary connections, offers a charming blend of history and modern living. The town has a relaxed, friendly atmosphere, with a strong sense of community. It hosts several festivals throughout the year, including the Cockermouth Live! music festival and the Taste Cumbria food festival. The town’s location on the edge of the Lake District makes it a great base for exploring the national park, while still offering the amenities of a larger town.

Transport links in Cockermouth are primarily road-based, with the A66 providing access to Keswick and Penrith. The town is also served by regular bus services, connecting it to other parts of Cumbria.

Property in Cockermouth

The property market in Cockermouth includes period homes, modern developments, and rural properties. The average house price is around £270,000. Detached houses are priced between £350,000 and £450,000, while semi-detached and terraced homes range from £180,000 to £250,000.

5. Ulverston

High street Ulverston

Ulverston: David Ridley via Shutterstock.

Ulverston, located on the southern edge of the Lake District, is a vibrant market town with a rich cultural heritage. It’s known for its festivals, including the famous Dickensian Festival and the Ulverston Lantern Festival.

The town has a variety of independent shops, cafes, and pubs, giving it a lively, welcoming feel. Ulverston’s location near the southern edge of the Lake District makes it a great spot for exploring both the national park and the nearby coastline. Ulverston also has good schools and healthcare facilities, making it a popular choice for families.

Ulverston is well-connected by road and rail, with the A590 providing access to the M6 motorway. Ulverston railway station offers regular services to Barrow-in-Furness and Lancaster, making it a convenient location for commuters.

Property in Ulverston

The town offers a variety of property types, including traditional terraced houses, modern family homes, and luxury apartments. The average house price in Ulverston is approximately £240,000. Detached properties can be found for around £350,000, while terraced houses and flats range from £150,000 to £220,000.

For more guidance on buying property in the UK, download your free copy of our guide. 

Sources for property market data: UK Residential Market Surveys via the Royal Institute of Chartered Surveyors, 2024.

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