2 Bed Flat, Single Let, Carlisle, CA1 3DE, £49,950

Dale End Road, Carlisle, CA1 3DE - 9 months ago

Sold STC
Leasehold
BTL
ROI: 21%
~64 m²
+5 photos

ValuationUndervalued

Sold Prices£50K - £200K
Sold Prices/m²£877/m² - £1.9K/m²

 

 

Square Metres

~63.60 m²
Price/m²£785/m²

Value Estimate

£60,939
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,488

Stamp Duty & Legal Fees

£2,699

Total Cash In

£15,186

 

 

Cash Out

 

Rent Range

£550 - £950

Rent Estimate

£550

Running Costs/mo

£286

Cashflow/mo

£264

Cashflow/yr

£3,167

ROI

21%

Gross Yield

13%

Local Sold Prices

33 sold prices from £50K to £200K, average is £85K. £877/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£68.5K12/220.03 mi100, Dale End Road, Carlisle, Cumbria CA1 3DE2
£74.5K11/220.04 mi57, Dale End Road, Carlisle, Cumbria CA1 3DE2
£80K01/230.37 miFlat 2, Hedley Court, Cumwhinton Road, Carlisle, Cumbria CA1 3PA2
£52K06/210.47 mi22, Brisco Meadows, Carlisle, Cumbria CA2 4NY2
£52K02/210.47 mi28, Brisco Meadows, Carlisle, Cumbria CA2 4NY2
£60K06/210.48 mi35, Longholme Road, Carlisle, Cumbria CA1 3HN2
£80K09/210.48 mi23, Longholme Road, Carlisle, Cumbria CA1 3HN2
£57K03/210.49 mi120, Longholme Road, Carlisle, Cumbria CA1 3HU2
£75.5K05/230.49 mi108, Longholme Road, Carlisle, Cumberland CA1 3HU2
£50K02/210.56 mi28, Broome Court, Carlisle, Cumbria CA1 2RB2
£58K12/200.57 mi50, Sunnymeade, Carlisle, Cumbria CA2 4NS2
£100K06/230.64 mi86, Watermans Walk, Carlisle, Cumberland CA1 3TU2
£77.5K10/210.64 mi78, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£80K01/210.64 mi100, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£88.2K04/210.64 mi142, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£112.5K08/230.64 mi110, Watermans Walk, Carlisle, Cumberland CA1 3TU2
£82.2K03/230.64 miFlat 2, Hillcrest Nook, High Road, Carlisle, Cumberland CA1 2QU2
£92K07/220.64 mi144, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£92K12/220.69 mi1b, Chertsey Grove, Carlisle, Cumbria CA1 2QY2
£92K12/220.69 mi1b, Chertsey Grove, Carlisle, Cumberland CA1 2QY2
£85K06/220.72 mi21b, Chertsey Grove, Carlisle, Cumbria CA1 2QY2
£72K08/220.75 mi5, Argyll Drive, Carlisle, Cumbria CA1 3PB2
£190K10/210.76 mi2, Oval Court, Carlisle, Cumbria CA1 3TT2
£150K11/220.76 mi10, Oval Court, Carlisle, Cumbria CA1 3TT2
£92K08/220.88 mi7, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£86.5K06/210.9 mi8, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£105K10/210.9 mi16, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£88K06/210.9 mi33, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£95K05/220.9 mi45, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£69K06/230.95 mi59, York Gardens, Carlisle, Cumberland CA2 4HP2
£128K08/220.99 miFlat 21, Willow Place, Parkland Drive, Carlisle, Cumbria CA1 3GQ2
£175K09/220.99 miFlat 36, Willow Place, Parkland Drive, Carlisle, Cumbria CA1 3GQ2
£200K07/230.99 miFlat 36, Willow Place, Parkland Drive, Carlisle, Cumberland CA1 3GQ2

Local Rents

17 rents from £550/mo to £950/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£57503/240.19 miLightfoot Drive, Carlisle, Cumbria, CA12
£75005/230.37 mi-2
£95003/250.43 mi-2
£95009/230.43 mi-2
£95002/250.43 mi-2
£95002/250.43 mi-2
£95007/240.43 mi-2
£55003/240.47 miBrisco Meadows, Carlisle2
£57503/240.49 miLongholme Road, Carlisle, CA12
£59503/240.49 miLongholme Road, Carlisle2
£60004/240.5 miLongholme Road, Carlisle2
£62501/250.53 mi-2
£55004/240.55 miSt Ninians Road, Upperby, Carlisle2
£65005/240.55 miWinton Cresent, Harraby, Carlisle2
£57003/240.6 miGrange Road, London Road, Carlisle2
£55003/240.6 miLondon Road, Carlisle, CA12
£57504/240.62 miLamb Street, Upperby, Carlisle, CA22

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

2.50 miles away

Nearest school

0.10 miles away

Nearest train station

1.77 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £49,950

July 9, 2024

Floor Plans

Description

  • Perfect For Buy To Let Investment +
  • Ground Floor Flat +
  • TLC Required +
  • No Onward Chain +
  • Maintained Communal Gardens +
  • Off Road Parking Available +
  • uPVC Double Glazing And Gas Central Heating +
  • QUOTE LI0465 +

Looking to add a property to your portfolio… Then I suggest you take a look at 25 Dale End Road! In terms of value for money, this flat will take some beating, with all the amenities you need close by this spacious ground-floor flat just awaits its new owner! QUOTE LI0465. This excellent ground-floor flat has been lovingly cared for over the years by the same family for almost 25 years and now, with some TLC and creativity, you can transform this spacious flat into a stylish and comfortable home that matches your preferences and lifestyle.  Number 25 is highly attractive to potential tenants, making it a lucrative option for buy-to-let investors. The demand for rental properties in this area of Carlisle remains strong, ensuring a steady rental income. Equally, Dale End Road could be just perfect for a first-time buyer/young professional or downsizer. The location of this flat is a major feature. Situated within a quiet residential location to the south of the city, you have a range of convenience shops and popular schools close by. If you want to leave the car at home you can as there is a regular bus stop located a short walk straight from the front door. Whilst the flat could benefit from some TLC the overall footprint is great and comprises of… A spacious entrance porch with a large storage cupboard, perfect for coats and shoes after a long day at work. Straight ahead is the generous hallway which provides access to all areas of the flat and a further three storage cupboards.  The first door on your right is straight into the living room, which is a great size, expanding over 15 feet in length with two large windows facing the front elevation and a feature fireplace which provides a focal point of the room and additional heat for those chilly winter mornings. Straight off the main living space is access to the kitchen which is a perfect size with ample fitted cupboards, work surfaces and excellent natural light from the large window overlooking the communal rear gardens. From the hall, the first and second doors on your left provide access to two spacious bedrooms, both benefitting from large windows allowing an abundance of natural light to enter the rooms creating a light and airy space. Additionally, from the hall is access to a three-piece bathroom, complete with a tiled floor, part tiled walls and a large frosted glass window.  Although the kitchen and bathroom are dated, they are in full working order and are a blank canvas, ready for you to put your own stamp on it when you are ready. Externally, maintained lawned gardens surround the property creating a peaceful and inviting outdoor space, perfect for entertaining or simply enjoying nature. Sold with the benefit of No Onward Chain. Tenure - Leasehold, 100 Years Remaining. Annual Ground Rent is £10 Per Annum. The Monthly Service Charge Payable is Approximately £28.00 to The Riverside Group acting as the managing agent to the overall site. Council Tax Band - A EPC Band - C Misrepresentation Act 1967 - These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.

Agent Details

eXp UK, North West

03304 609968

Next Steps?

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