4 Bed HMO, Carlisle, CA1 2AH, £230,000

2 Lismore Street, Carlisle, Cumbria, CA1 2AH - 47 views - 8 months ago

HMO
ROI: 8%
~136 m²
+10 photos

ValuationOvervalued

Sold Prices£85K - £490K
Sold Prices/m²£595/m² - £3K/m²

 

 

Square Metres

~135.90 m²
Price/m²£1.7K/m²

Value Estimate

£199,736

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£66,200

 

 

Cash Out

 

Room Rate

£537

Gross Rent

£2,148

Running Costs/mo

£1,623

Cashflow/mo

£525

Cashflow/yr

£6,298

ROI

10%

Gross Yield

11%

Local Sold Prices

46 sold prices from £85K to £490K, average is £194K. £595/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£177.5K04/210.03 mi15, Lismore Street, Carlisle, Cumbria CA1 2AH4
£250K08/210.05 mi38, Broad Street, Carlisle, Cumbria CA1 2AQ4
£175K12/200.05 mi51, Broad Street, Carlisle, Cumbria CA1 2AQ4
£197.5K11/220.06 mi32, Broad Street, Carlisle, Cumbria CA1 2AQ4
£175K12/220.07 mi15, Hart Street, Carlisle, Cumbria CA1 2BP4
£225K11/220.07 mi3, Hart Street, Carlisle, Cumbria CA1 2BP4
£232K04/210.1 mi56, Aglionby Street, Carlisle, Cumbria CA1 1JS4
£195K12/220.11 mi24, River Street, Carlisle, Cumbria CA1 2AL4
£175K10/210.11 mi45, Petteril Street, Carlisle, Cumbria CA1 2AJ4
£215K06/230.11 mi45, Petteril Street, Carlisle, Cumberland CA1 2AJ4
£180K12/220.17 mi39, Chiswick Street, Carlisle, Cumbria CA1 1HJ4
£235K08/230.18 mi130, Petteril Street, Carlisle, Cumberland CA1 2AW4
£132.5K02/210.18 mi75, Petteril Street, Carlisle, Cumbria CA1 2AW4
£245K11/200.2 mi79, Warwick Road, Carlisle, Cumbria CA1 1EB4
£191K05/210.21 mi3, Eldred Street, Carlisle, Cumbria CA1 2AT4
£290K05/230.23 mi8, Chiswick Street, Carlisle, Cumberland CA1 1HQ4
£283.5K11/200.26 mi10, Strand Road, Carlisle, Cumbria CA1 1NB4
£150K02/230.26 mi7, Brunton Avenue, Carlisle, Cumbria CA1 2AU4
£298.8K06/210.27 mi42, St Aidans Road, Carlisle, Cumbria CA1 1LS4
£255K11/200.27 mi32, St Aidans Road, Carlisle, Cumbria CA1 1LS4
£295K11/200.27 mi4, St Aidans Road, Carlisle, Cumbria CA1 1LS4
£193K02/210.33 mi204, Warwick Road, Carlisle, Cumbria CA1 1LH4
£195K03/210.33 mi202, Warwick Road, Carlisle, Cumbria CA1 1LH4
£146K11/200.33 mi219, Warwick Road, Carlisle, Cumbria CA1 1LJ4
£175K12/200.33 mi239, Warwick Road, Carlisle, Cumbria CA1 1LJ4
£187.5K01/210.52 mi5, Tramside Way, Carlisle, Cumbria CA1 2FH4
£220K07/210.65 mi13, Chertsey Mount, Carlisle, Cumbria CA1 2PH4
£200K04/230.65 mi5, Chertsey Mount, Carlisle, Cumberland CA1 2PH4
£260K11/220.66 mi1, Heron Drive, Carlisle, Cumbria CA1 2WA4
£122K03/230.69 mi7, Blackwell Road, Carlisle, Cumbria CA2 4AB4
£490K02/230.75 mi13, Rickerby Court, Rickerby, Carlisle, Cumberland CA3 9BF4
£152.5K01/210.77 mi8, Mcilmoyle Way, Carlisle, Cumbria CA2 5GY4
£145K03/210.79 mi23, Gardenia Street, Carlisle, Cumbria CA2 4AW4
£445K05/210.81 mi2, Brampton Road, Carlisle, Cumbria CA3 9AN4
£87.5K01/210.83 miThe Cottage, Stanwix Bank, Carlisle, Cumbria CA3 9AH4
£150K06/230.84 mi6, Robinson Avenue, Carlisle, Cumberland CA2 4EU4
£85K11/200.88 mi27, Harold Street, Carlisle, Cumbria CA2 4HG4
£170K12/200.93 mi1, South Dale Street, Carlisle, Cumbria CA2 4HR4
£265K12/200.95 mi42, Hillcrest Avenue, Carlisle, Cumbria CA1 2QJ4
£390K01/230.95 mi21, Mulcaster Crescent, Carlisle, Cumbria CA3 9EA4
£166K02/210.97 mi13, Mulcaster Crescent, Carlisle, Cumbria CA3 9EA4
£122.5K12/200.98 mi85, Currock Road, Carlisle, Cumbria CA2 4BH4
£185K04/230.98 mi101, Currock Road, Carlisle, Cumberland CA2 4BH4
£255K11/210.98 mi7, Mulcaster Crescent, Carlisle, Cumbria CA3 9EB4
£312.5K10/200.98 mi43, Scotland Road, Carlisle, Cumbria CA3 9HS4
£175.5K07/230.99 mi36, Dalston Road, Carlisle, Cumberland CA2 5NP4

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

0.89 miles away

Nearest school

0.10 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £230,000

January 11, 2025

Price changed to £235,000

December 4, 2024

Listed for £250,000

August 16, 2024

Sold for £191,000

2007

Sold for £65,500

2001

Floor Plans

Description

  • 6 Bedrooms +
  • Entrance Hall +
  • Shower Room 1 +
  • Shower Room 2 +
  • Laundry Utility Room +
  • Kitchen Breakfast Room +

Situated close to Carlisle City Centre and being sold with no onward chain is this mid-terrace townhouse. Having previously been utilised as a House of Multiple Occupancy boasting six rooms with rental potential this could be an excellent investment opportunity or the potential to make a lovely, four bedroomed family home.

The accommodation consists of entrance porch leading into a spacious hallway, two reception rooms, kitchen with electric oven, hob, a range of units, contrasting worktop and breakfast bar. A separate utility / laundry room with washing machine, tumble dryer and fridge/freezer plus a downstairs cloakroom/wc is an added bonus to this property.

To the first floor are three bedrooms and two shower rooms with white suites and double sized shower facilities. On the second floor is a further bedroom.

Externally is a forecourt. To the rear is a yard and a garage being ideal for storage.

The property benefits from double glazing and gas heating.

There is on street parking where available via a residents parking permit which can be applied for via Cumberland Council.

Situation

Located near the M6 motorway, being less than a mile to Junction 3, and a 15 minute walk to the City Centre. It is also close to many amenities and supermarkets. Football and rugby grounds are nearby. Richard Rose Central Academy is a 2-minute walk away, with Trinity School also close by.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CAR240300/2

Agent Details

YOUR MOVE - Property @ Cumbria, Carlisle

01228 276062

Next Steps?

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