2 Bed Terraced House, Single Let, Workington, CA14 2NY, £65,000





ValuationUndervalued
Sold Prices | £40K - £135.5K |
Sold Prices/m² | £449/m² - £1.9K/m² |
| |
Square Metres | 78 m² |
Price/m² | £833/m² |
Value Estimate | £81,250£81,250 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £16,250£16,250 |
Stamp Duty & Legal Fees | £4,450£4,450 |
Total Cash In | £20,700£20,700 |
| |
Cash Out | |
Rent Range | £470 - £750£470 - £750 |
Rent Estimate | £500 |
Running Costs/mo | £323£323 |
Cashflow/mo | £177£177 |
Cashflow/yr | £2,123£2,123 |
ROI | 10%10% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £40K to £135.5K, average is £83K. £449/m² to £1.9K/m², average is £1.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£96.5K | 08/21 | 0.05 mi | 20, Brayton Street, Workington, Cumbria CA14 2NP | £1,222 | 79 | 2 | Terraced House | |
£78K | 06/21 | 0.05 mi | 43, Brayton Street, Workington, Cumbria CA14 2NP | £971 | 80 | 2 | Terraced House | |
£100K | 03/23 | 0.05 mi | 17, Brayton Street, Workington, Cumberland CA14 2NP | £1,099 | 91 | 2 | Terraced House | |
£65K | 04/23 | 0.06 mi | 1, Garfield Street, Workington, Cumberland CA14 3DH | £1,140 | 57 | 2 | Terraced House | |
£120K | 04/21 | 0.08 mi | 94, Gray Street, Workington, Cumbria CA14 2NH | £1,395 | 86 | 2 | Terraced House | |
£125K | 02/23 | 0.08 mi | 94, Gray Street, Workington, Cumbria CA14 2NH | £1,453 | 86 | 2 | Terraced House | |
£94.5K | 02/21 | 0.09 mi | 39, Vulcans Lane, Workington, Cumbria CA14 2NR | £1,027 | 92 | 2 | Semi-Detached House | |
£91.5K | 10/21 | 0.09 mi | 19, Vulcans Lane, Workington, Cumbria CA14 2NU | £1,040 | 88 | 2 | Terraced House | |
£58K | 03/21 | 0.1 mi | 18, Vulcans Lane, Workington, Cumbria CA14 2NW | £586 | 99 | 2 | Terraced House | |
£65K | 03/21 | 0.1 mi | 71, Vulcans Lane, Workington, Cumbria CA14 2NW | £878 | 74 | 2 | Terraced House | |
£120K | 10/21 | 0.1 mi | 18, Northumberland Street, Workington, Cumbria CA14 3HA | £1,446 | 83 | 2 | Terraced House | |
£120K | 05/23 | 0.1 mi | 14, Northumberland Street, Workington, Cumberland CA14 3HA | £1,111 | 108 | 2 | Terraced House | |
£120K | 11/20 | 0.1 mi | 14, Northumberland Street, Workington, Cumbria CA14 3HA | £1,111 | 108 | 2 | Terraced House | |
£85K | 08/21 | 0.12 mi | 15, Ashton Street, Workington, Cumbria CA14 3HD | £1,063 | 80 | 2 | Terraced House | |
£91.5K | 06/21 | 0.12 mi | 8, Albert Street, Workington, Cumbria CA14 2QH | £1,064 | 86 | 2 | Terraced House | |
£100K | 04/21 | 0.13 mi | 3, Infirmary Road, Workington, Cumbria CA14 2UG | £1,250 | 80 | 2 | Terraced House | |
£94K | 06/23 | 0.14 mi | 3, Pearson Street, Workington, Cumberland CA14 2QR | £959 | 98 | 2 | Terraced House | |
£83K | 03/23 | 0.14 mi | 25, Pearson Street, Workington, Cumberland CA14 2QR | £1,051 | 79 | 2 | Terraced House | |
£125K | 04/21 | 0.14 mi | 24, Berwick Street, Workington, Cumbria CA14 3EN | £984 | 127 | 2 | Terraced House | |
£98K | 07/23 | 0.18 mi | 14, Devonshire Street, Workington, Cumberland CA14 3DL | £1,175 | 83 | 2 | Terraced House | |
£75K | 03/21 | 0.2 mi | 1, Pilgrim Street, Workington, Cumbria CA14 2RA | £1,071 | 70 | 2 | Terraced House | |
£83K | 04/21 | 0.2 mi | 7, Pilgrim Street, Workington, Cumbria CA14 2RA | £1,078 | 77 | 2 | Terraced House | |
£40K | 06/21 | 0.21 mi | 17, Cumberland Street, Workington, Cumbria CA14 2QP | £449 | 89 | 2 | Terraced House | |
£80K | 01/23 | 0.21 mi | 29, Cumberland Street, Workington, Cumbria CA14 2QP | £1,053 | 76 | 2 | Terraced House | |
£80K | 11/20 | 0.21 mi | 22, Cumberland Street, Workington, Cumbria CA14 2QP | £1,026 | 78 | 2 | Terraced House | |
£93K | 04/21 | 0.21 mi | 72, Cumberland Street, Workington, Cumbria CA14 2QP | £1,094 | 85 | 2 | Terraced House | |
£100K | 06/23 | 0.21 mi | 80, Cumberland Street, Workington, Cumberland CA14 2QP | £1,190 | 84 | 2 | Terraced House | |
£81K | 09/21 | 0.22 mi | 67, Frostoms Road, Workington, Cumbria CA14 3UR | £1,000 | 81 | 2 | Terraced House | |
£135.5K | 03/23 | 0.22 mi | 24, Frostoms Road, Workington, Cumbria CA14 3UR | £1,448 | 94 | 2 | Terraced House | |
£75K | 12/22 | 0.23 mi | 34, Victoria Road, Workington, Cumbria CA14 2QT | £938 | 80 | 2 | Terraced House | |
£60K | 07/21 | 0.23 mi | 14, Victoria Road, Workington, Cumbria CA14 2QT | £769 | 78 | 2 | Terraced House | |
£90K | 09/21 | 0.23 mi | 21, Victoria Road, Workington, Cumbria CA14 2QT | £1,154 | 78 | 2 | Terraced House | |
£80K | 07/23 | 0.23 mi | 29, Victoria Road, Workington, Cumberland CA14 2QT | £1,893 | 42 | 2 | Terraced House | |
£94K | 05/21 | 0.25 mi | 4, Frostoms Road, Workington, Cumbria CA14 3UP | £1,106 | 85 | 2 | Terraced House | |
£95.5K | 05/21 | 0.25 mi | 6, Frostoms Road, Workington, Cumbria CA14 3UP | - | - | 2 | Terraced House | |
£80K | 06/21 | 0.27 mi | 8, Islay Place, Workington, Cumbria CA14 3XB | £959 | 83 | 2 | Terraced House | |
£100K | 06/23 | 0.29 mi | 62, Corporation Road, Workington, Cumberland CA14 2PQ | - | - | 2 | Terraced House | |
£45K | 04/23 | 0.3 mi | 52, Napier Street, Workington, Cumberland CA14 2PU | - | - | 2 | Terraced House | |
£85K | 09/21 | 0.3 mi | 95, Newlands Gardens, Workington, Cumbria CA14 3PE | £1,076 | 79 | 2 | Terraced House | |
£78K | 11/20 | 0.3 mi | 6, Cumberland Street, Workington, Cumbria CA14 2SP | £1,099 | 71 | 2 | Terraced House | |
£77K | 12/20 | 0.31 mi | 69, Victoria Road, Workington, Cumbria CA14 2QU | £885 | 87 | 2 | Terraced House | |
£86K | 02/21 | 0.31 mi | 110, Victoria Road, Workington, Cumbria CA14 2QU | £1,162 | 74 | 2 | Terraced House | |
£80K | 02/23 | 0.32 mi | 9, Chapel Street, Workington, Cumbria CA14 2BS | - | - | 2 | Terraced House | |
£82K | 12/22 | 0.32 mi | 95, Bolton Street, Workington, Cumbria CA14 2SW | £788 | 104 | 2 | Terraced House | |
£68K | 02/23 | 0.32 mi | 90, Bolton Street, Workington, Cumbria CA14 2SW | - | - | 2 | Terraced House | |
£61K | 10/20 | 0.33 mi | 27, Yeowartville, Workington, Cumbria CA14 2BY | £938 | 65 | 2 | Terraced House | |
£71K | 02/23 | 0.34 mi | 205, Harrington Road, Workington, Cumbria CA14 3XD | £1,187 | 60 | 2 | Terraced House | |
£80K | 06/23 | 0.34 mi | 209, Harrington Road, Workington, Cumberland CA14 3XD | £1,333 | 60 | 2 | Terraced House | |
£50K | 08/23 | 0.34 mi | 6, Bolton Street, Workington, Cumberland CA14 2SL | - | - | 2 | Terraced House | |
£78K | 12/22 | 0.34 mi | 3, Warwick Place, Workington, Cumbria CA14 2BQ | £848 | 92 | 2 | Semi-Detached House |
Local Rents
25 rents from £470/mo to £750/mo, average is £595/mo.
Rent | Date | Distance | Address | Beds | Type | |
£570 | 03/24 | 0.07 mi | Gray Street, Workington | 2 | Terraced House | |
£575 | 11/23 | 0.08 mi | - | 2 | Terraced House | |
£625 | 10/24 | 0.08 mi | - | 2 | Terraced House | |
£650 | 04/25 | 0.08 mi | - | 2 | Terraced House | |
£600 | 04/24 | 0.11 mi | Ashton Street, Workington | 2 | Terraced House | |
£595 | 03/24 | 0.12 mi | Hunter Street, Workington | 2 | Terraced House | |
£695 | 03/25 | 0.14 mi | - | 2 | Flat | |
£610 | 03/24 | 0.17 mi | Victoria Road, Workington, CA14 | 2 | Terraced House | |
£525 | 04/24 | 0.17 mi | - | 2 | Terraced House | |
£750 | 03/25 | 0.18 mi | - | 2 | Terraced House | |
£625 | 02/24 | 0.19 mi | - | 2 | Terraced House | |
£695 | 04/25 | 0.19 mi | - | 2 | Terraced House | |
£650 | 10/24 | 0.23 mi | - | 2 | Terraced House | |
£625 | 05/24 | 0.23 mi | Frostoms Road, Workington | 2 | Terraced House | |
£550 | 03/24 | 0.27 mi | Islay Place, Workington, CA14 | 2 | Terraced House | |
£550 | 03/24 | 0.31 mi | Bolton Street, Workington, Cumbria, CA14 2SW | 2 | Terraced House | |
£575 | 03/24 | 0.31 mi | Bolton Street, Workington | 2 | Terraced House | |
£525 | 02/24 | 0.35 mi | - | 2 | Semi-Detached House | |
£500 | 10/24 | 0.35 mi | - | 2 | Terraced House | |
£550 | 03/24 | 0.37 mi | Lonsdale Street, Workington, CA14 | 2 | Terraced House | |
£750 | 09/24 | 0.37 mi | - | 2 | Terraced House | |
£470 | 02/24 | 0.4 mi | - | 2 | Terraced House | |
£565 | 04/24 | 0.43 mi | Gladstone Street, Workington | 2 | Semi-Detached House | |
£525 | 11/23 | 0.46 mi | - | 2 | Terraced House | |
£595 | 03/24 | 0.48 mi | Thorncroft Gardens, Workington | 2 | Flat |
Local Area Statistics
Population in CA14 | 35,82635,826 |
Population in Workington | 35,83035,830 |
Town centre distance | 0.36 miles away0.36 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.53 miles away0.53 miles away |
| |
Rental growth (12m) | -1%-1% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +4%+4% |
Property History
Listed for £65,000
June 6, 2024
Description
- ONLINE VIEWING AVAILABLE +
- Hartington Street, Workington +
- EPC Rating E +
- Close to Town Centre +
- Ideal Rental Investment +
- Two Double Bedrooms +
*ONLINE VIEWING AVAILABLE*
A generously proportioned mid terrace house on a popular street close to Workington town centre. Offering two reception rooms and kitchen to the ground floor with large first floor bathroom and two double bedrooms. The property benefits from gas central heating and double glazing. There is a private enclosed rear yard. With some TLC, this could be the ideal investment. To arrange a viewing please call .
Things You Need To Know - The property benefits from Gas central heating, double glazing, mains water and drainage.
Hallway - UPVC front door into hallway with access to a large under-stairs storage cupboard and doors leading to;
Reception One - 3.72 2.83 (12'2" 9'3") - Double glazed window to the front.
Reception Two - 3.69 x 3.55 (12'1" x 11'7") - Double glazed window to the rear, feature chimney breast, laminate flooring, door to stairs and door to;
Kitchen - 3.53 x 2.26 (11'6" x 7'4") - A range of red wall and base units, integrated electric oven and hob with extractor over. Stainless steel sink, space and plumbing for washing machine, two double glazed windows to rear, PVC-U door to yard.
First Floor Landing -
Bedroom One - 3.95 x 3.74 (12'11" x 12'3") - Double bedroom to the front with double glazed window, radiator, built in storage cupboard.
Bedroom Two - 3.73 x 2.89 (12'2" x 9'5") - Double bedroom to the rear with wood flooring, radiator.
Bathroom - 3.81 x 2.28 (12'5" x 7'5") - Tiled flooring, double glazed window to the rear, white suite comprising WC, sink and corner bath & shower over, glass screen and wall mounted boiler.
Externally - There is a private enclosed yard to the rear. Parking is on street to the front of the property and will require a permit from the local Council.
Directions - Hartington Street runs parallel to Harrington Road and connects Gray Street to Vulcans Lane. Number 58 can be identified by a Grisdales FOR SALE board.
Council Tax - Allerdale Borough Council ) advise that this property is in Tax Band A.
Viewing Arrangements - To view this property, please contact us on .
Notes To Brochure - Please note that all measurements have been taken using a laser tape measure which may be subject to a small margin of error. None of the appliances, heating system or fittings included within the sale have been tested or can be assumed to be in full working order. Purchasers are strongly advised to satisfy themselves by way of survey and their own enquiries. The brochure does not constitute a contract, part of a contract or warranty.
The Consumer Protection Regulations 2008 - Please contact us before viewing the property. If there is any point of particular importance to you we will be pleased to provide additional information or to make further enquiries. We will also confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property.
Moving With Grisdales - Moving is an exciting time but only if everything proceeds smoothly. Whether you are selling, letting, buying or renting, we understand that moving home can be a very stressful and daunting prospect. That's why, at Grisdales, we work together as a team, giving dedicated support and advice every step of the way to help your move run as smoothly and efficiently as possible.
Free Market Appraisal - If you are thinking of moving, we offer a completely free market valuation and appraisal of your existing home. We will advise you upon an asking price which accurately positions your property in the current market place, maximising viewings and your sale prospects.
Lettings And Management - If you are interested in property as an investment, we can help you every step of the way from Buy to Let advice to effective property letting and management.
Surveys And Valuations - We want your purchase to live up to those dreams, hopes and expectations. You need to know that your new home will not only be a sound investment, but also one which you will enjoy without the worry of the unknown. Grisdales offer a wide range of survey and valuation reports to meet different needs all backed by the qualification, experience and knowledge of a Chartered Surveyor.
Mortgage Advice - Grisdales works with The Right Advice Cumbria (Bulman Pollard) part of The Right Mortgage Ltd, one of the UK's fastest-growing Networks, offering expert professional advice to find the right mortgage for you. We have access to thousands of mortgages from across the whole market in the UK.
Our advice will be specifically tailored to your needs and circumstances which could be for your first home, moving home, re-mortgaging or investing in property. To find out more about how we can assist you, just call your nearest Grisdales office.
Your home or property may be repossessed if you do not keep up repayments on your mortgage. Some forms of Buy to Let Mortgages are not regulated by the Financial Conduct Authority. You may be charged a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
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