LOCATED in the heart of Grayrigg village, north of Kendal, this week's featured property is an impressive stone-built residence dating back to the 1850s.

Punchbowl House was formerly the village pub and is today a welcoming family home that has been beautifully restored by its owners.

This detached five-bedroom property with two-bedroom annexe and generous gardens is on the market for offers in the region of £525,000. In the past the house has been run as a very successful bed-and breakfast business. The agents, Armitstead Barnett, say there is excellent scope for this to be revived if buyers would like to benefit from "a great income source".

Setting the scene at Punchbowl House is a spacious and welcoming hallway, with original staircase lovingly restored. A farmhouse-style kitchen with electric four-oven Aga is at the heart of the home. Cupboards on three walls give ample storage, and there are pleasant views of the back garden.

Two formal sitting rooms are set around cosy wood-burning stoves with local Burlington slate fireplaces and surrounds. Original alcoves offer storage space and add to the character of these rooms. The formal dining room overlooks the back garden and is the perfect space for entertaining.

First-floor rooms are set around a generous open landing with access to the loft, airing cupboard and storage cupboard housing the water cylinder.

Fitted wardrobes feature in the master bedroom, as well as a wash basin and shower cubicle. There are three further double bedrooms, all with wash basin and one with an en-suite shower room. A single bedroom brings the total number of bedrooms up to five in the main house. The family bathroom, meanwhile, is fitted with a bath and shower over, loo and wash basin.

To the side of Punchbowl House is an annexe offering a spacious living-kitchen area with an open fire; two double

bedrooms; and a bathroom with wash basin, loo, bath and electric shower. The annexe can be entered directly from the front of the property or via a staircase leading from the kitchen in the main house.

Mature gardens behind the house are reached from a sweeping, gated driveway, which offers ample parking. Beyond is open countryside, giving a scenic backdrop to the property.

Useful outbuildings include a stone shed and, in a secluded yard, a garden shed. The spacious garage, utility, store and cellar space, with original flagged flooring, are located in the house and reached from the kitchen.

The property has oil-fired central heating. The owners have comprehensively upgraded the electricity system and plumbing, and have also had double glazing fitted throughout.

www.abarnett.co.uk, tel 01539-751993.