2 Bed Flat, Single Let, Carlisle, CA2 5SW, £95,000

30 Caldew Maltings, Bridge Lane, Carlisle, CA2 5SW - 7 views - a year ago

Leasehold
BTL
ROI: 2%
75 m²
+11 photos

ValuationOvervalued

Sold Prices£45.5K - £146.5K
Sold Prices/m²£819/m² - £2.1K/m²

 

 

Square Metres

75 m²
Price/m²£1.3K/m²

Value Estimate

£91,773

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,200

Total Cash In

£27,950

 

 

Cash Out

 

Rent Range

£450 - £975

Rent Estimate

£489

Running Costs/mo

£415

Cashflow/mo

£74

Cashflow/yr

£892

ROI

3%

Gross Yield

6%

Local Sold Prices

26 sold prices from £45.5K to £146.5K, average is £73K. £819/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£73K11/220.05 miFlat 5, Willow Court, Willow Holme Road, Willowholme, Carlisle, Cumbria CA2 5SQ2
£64K10/210.05 miFlat 8, Willow Court, Willow Holme Road, Willowholme, Carlisle, Cumbria CA2 5SQ2
£115K12/210.35 miApartment 4 The Engine House, Shaddon Mill, Shaddongate, Carlisle, Cumbria CA2 5WF2
£146.5K12/220.35 miApartment 5 East Block, Shaddon Mill, Shaddongate, Carlisle, Cumbria CA2 5WD2
£78.4K04/210.5 mi3, Howard Court, Carlisle, Cumbria CA2 7AP2
£73K06/210.67 mi13, Yew Tree Court, Carlisle, Cumbria CA2 5QA2
£45.5K05/210.71 mi23, Fairfield Gardens, Carlisle, Cumbria CA2 7EW2
£67.5K10/210.71 mi20, Fairfield Gardens, Carlisle, Cumbria CA2 7EW2
£142K04/210.72 miGround Floor And Basement Flat, 51, Chiswick Street, Carlisle, Cumbria CA1 1HJ2
£55K09/210.74 mi18, Lewis Court, Carlisle, Cumbria CA2 5ET2
£80K05/220.78 mi58, Bowscale Close, Carlisle, Cumbria CA3 9LJ2
£70K05/230.78 mi13, Bowscale Close, Carlisle, Cumberland CA3 9LJ2
£80K10/220.79 mi49, Bowscale Close, Carlisle, Cumbria CA3 9LJ2
£58K09/220.81 mi14, Balmoral Court, Carlisle, Cumbria CA3 9PW2
£110K05/220.82 miFlat 9, Edentown Court, Eden Street, Carlisle, Cumbria CA3 9LQ2
£120K01/210.82 miFlat 8, Edentown Court, Eden Street, Carlisle, Cumbria CA3 9LQ2
£77.5K05/220.83 mi23, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£75K06/220.83 mi17, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£77.5K05/220.83 mi13, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£76K01/230.84 mi19, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£48K10/210.89 mi43, Caldew Close, Carlisle, Cumbria CA3 9JL2
£52.5K02/230.89 mi43, Caldew Close, Carlisle, Cumbria CA3 9JL2
£48.5K02/210.89 mi31, Caldew Close, Carlisle, Cumbria CA3 9JL2
£63.5K11/200.99 mi4, Prescott Court, Carlisle, Cumbria CA2 6EN2
£70K03/210.99 mi30c, Edward Street, Carlisle, Cumbria CA1 2JE2
£55K12/210.99 mi30a, Edward Street, Carlisle, Cumbria CA1 2JE2

Local Rents

47 rents from £450/mo to £975/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£67504/240.01 miBridge Lane, Carlisle, CA22
£67505/240.01 mi-2
£69501/250.01 mi-2
£69501/250.01 mi-2
£62505/240.05 miWillowbank, CA2 5RY2
£75004/240.23 miMilbourne Court, Milbourne Street, Carlisle2
£60003/240.26 miCastle Street, Carlisle2
£85010/240.26 mi-2
£69510/240.27 mi-2
£72512/240.27 mi-2
£60005/240.27 miMorton Street, Carlisle, CA22
£45004/240.28 miHawick Street, Carlisle, CA22
£69501/240.29 mi-2
£95002/250.31 mi-2
£89503/250.31 mi-2
£49503/230.31 mi-2
£79901/250.31 mi-2
£57503/240.32 miKendal Street, Carlisle2
£60003/240.33 miCanal Court, Infirmary Street, CA22
£55004/240.33 miCanal Court, Off Newtown Road, Carlisle2
£65003/240.33 miPort Road, Carlisle, CA22
£65003/240.33 miPort Road, Carlisle, CA22
£97505/240.34 mi-2
£97505/240.34 miShaddon Mill, Carlisle, CA22
£56512/240.35 miNewcastle Street, Carlisle, Cumbria, CA22
£59511/230.36 mi-2
£57504/240.39 miScotch Street, Carlisle2
£69502/240.4 mi-2
£67507/230.41 mi-2
£59505/240.42 miGranville Road, Carlisle, CA22
£62505/240.47 miPeel Street, Carlisle2
£59505/240.47 miPeel Street, Carlisle 2
£57503/240.52 miClift Street, Carlisle2
£67508/240.53 mi-2
£65004/240.53 miSheffield Street, Carlisle2
£65004/240.53 miSheffield Street, Carlisle2
£50003/240.54 miCrummock Street, Carlisle2
£75007/240.54 mi-2
£52507/240.54 mi-2
£53001/250.54 mi-2
£55003/240.56 miLawson Street, Carlisle2
£57503/240.58 miNelson Court, Carlisle, CA22
£75003/240.59 miCollin Place, Off Newtown Road, Carlisle2
£55012/240.59 miCarlisle, Cumbria, CA22
£52503/240.6 miWilson Street, Carlisle2
£65005/240.61 miSpencer House, St Pauls Square, Carlisle2
£65005/240.61 miSpencer House, St Pauls Square, Carlisle2

Local Area Statistics

Population in CA2

39,646

Population in Carlisle

103,015

Town centre distance

0.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £95,000

December 4, 2024

Listed for £100,000

April 29, 2024

Floor Plans

Description

  • Two bed first floor apartment +
  • Spacious open plan living space +
  • Modern fitted kitchen with some fitted appliances +
  • Bathroom and en-suite shower room +
  • Balcony overlooking the River Caldew +
  • Views of Carlisle Castle +

A generous first floor apartment in a small development close to the city centre. Open plan living dining kitchen, two bedrooms, en-suite and bathroom. Balcony with a view of the river Caldew and Carlisle Castle. Ideal first time buyer, lock up and leave property or a buy to let investment. Close to a range of amenities and public transport routes including Carlisle Train Station.

A spacious first floor apartment overlooking the River Caldew towards Carlisle Castle. The apartment offers open plan living dining space leading in the kitchen area, which is fitted with white shaker style units and contrasting worktops, incorporating a 1.5 bowl and drainer, an electric hob and oven. Two bedrooms, the principal bedroom, has French doors that lead out to a balcony. An en-suite shower room, fitted with a three-piece suite with, tiled walls and contrasting black tiled flooring. There is also a bathroom, fitted with a three-piece suite, tiled walls and matching tiled flooring. The balcony is access by the open plan living space as well as the principal bedroom, taking full advantage of the fantastic outlook towards both Castle, and Bitts Park. The property has a designated parking space, and the development has several visitors parking spaces.

Caldew Maltings is located about a mile walk from the city centre and the Train Station, there a range of local amenities including Sainsburys supermarket, public house, and food outlets, including a popular fish and chip shop.

The property would be suitable for many buyers, including first-time buyers, buyers seeking a secure second home or due to its proximity to the Infirmary, an ideal purchase to let investment.

Directions
From Carlisle city centre, head towards Hardwicke Circus. Take the first exit onto Castle Way. Turn right before Sainsburys onto Willowholme Road and right again into Caldew Maltings.

Services
Mains electricity, water and drainage. Electric heating. Telephone line installed subject to BT regulations. Fibre Broadband available in the area. Please note - the mention of any appliances and/or services within these particulars does not imply that they are in full and efficient working order.

Agent Details

H&H Land & Estates, Carlisle

01228 276977

Next Steps?

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