3 Bed Semi-Detached House, Single Let, Workington, CA14 5LS, £79,995

12 Coronation Drive, Workington, CA14 5LS - 7 months ago

Sold STC
BTL
ROI: 11%
~80 m²
+13 photos

ValuationUndervalued

Sold Prices£39K - £345K
Sold Prices/m²£535/m² - £3.1K/m²

 

 

Square Metres

~79.90 m²
Price/m²£1K/m²

Value Estimate

£95,994
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,999

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,199

 

 

Cash Out

 

Rent Range

£520 - £1,150

Rent Estimate

£620

Running Costs/mo

£394

Cashflow/mo

£226

Cashflow/yr

£2,712

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £39K to £345K, average is £105.4K. £535/m² to £3.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£90K04/210.02 mi4, Coronation Drive, Salterbeck, Workington, Cumbria CA14 5LS3
£126K10/200.13 mi99, Brierydale, Salterbeck, Workington, Cumbria CA14 5LL3
£58.5K12/220.15 mi131, Moorclose Road, Salterbeck, Workington, Cumbria CA14 5LF3
£87.5K12/200.2 mi5, Mona Road, Salterbeck, Workington, Cumbria CA14 5JH3
£100K11/210.24 mi32, Salterbeck Road, Salterbeck, Workington, Cumbria CA14 5JJ3
£112.5K03/230.26 mi6, Walls Road, Salterbeck, Workington, Cumbria CA14 5JD3
£130K12/220.27 mi10, Salterbeck Road, Salterbeck, Workington, Cumbria CA14 5JG3
£65K05/230.27 mi109, Poole Road, Salterbeck, Workington, Cumberland CA14 5DW3
£74K06/210.3 mi15, Wether Riggs Road, Salterbeck, Workington, Cumbria CA14 5HR3
£142.5K03/230.35 mi4a, Salterbeck Road, Salterbeck, Workington, Cumberland CA14 5HW3
£91.5K08/210.36 mi21, Cockfield Drive, Workington, Cumbria CA14 5BL3
£95K11/210.37 mi18, Burnside, Harrington, Workington, Cumbria CA14 5PU3
£107K07/230.37 mi18, Burnside, Harrington, Workington, Cumberland CA14 5PU3
£75K11/210.39 mi26, Poole Road, Salterbeck, Workington, Cumbria CA14 5DJ3
£105K02/230.39 mi21, Poole Road, Salterbeck, Workington, Cumbria CA14 5DJ3
£125K12/200.44 mi1a, North Shore Street, Harrington, Workington, Cumbria CA14 5QB3
£140K05/210.53 mi11, Ghyll Road, Workington, Cumbria CA14 5AL3
£95K11/200.6 mi45, Westfield Drive, Workington, Cumbria CA14 5AZ3
£175K02/210.62 mi14, Sea View Drive, Workington, Cumbria CA14 5DF3
£210K02/230.62 mi30, Sea View Drive, Workington, Cumberland CA14 5DF3
£166K11/200.63 mi7, Lime Road, Harrington, Workington, Cumbria CA14 5QH3
£85K11/200.63 mi1, Lime Road, Harrington, Workington, Cumbria CA14 5QH3
£162.5K06/210.65 mi7, Kiln Green Avenue, High Harrington, Workington, Cumbria CA14 4LN3
£156.3K02/230.65 mi30, Kiln Green Avenue, High Harrington, Workington, Cumbria CA14 4LN3
£72K03/210.65 mi328, Moss Bay Road, Workington, Cumbria CA14 5AF3
£125K02/210.65 mi19, Railbank Drive, Workington, Cumbria CA14 5DD3
£79K03/230.68 mi58, Firth View Walk, Workington, Cumberland CA14 3RA3
£195K07/230.68 mi33, High Close, High Harrington, Workington, Cumberland CA14 5RQ3
£85K12/220.68 mi39, Rowe Terrace, Workington, Cumbria CA14 3SU3
£63.5K11/210.69 mi20, West View Walk, Workington, Cumbria CA14 3RG3
£150K01/230.69 mi23, Broadacres, High Harrington, Workington, Cumbria CA14 5RL3
£120K04/210.69 mi13, Archer Street, Harrington, Workington, Cumbria CA14 5QJ3
£187.9K06/210.69 mi11, Queens Road, High Harrington, Workington, Cumbria CA14 4LX3
£122.5K07/230.71 mi233, Newlands Lane South, Workington, Cumberland CA14 3QQ3
£217.5K06/230.73 mi79, Broadacres, High Harrington, Workington, Cumberland CA14 5RN3
£183.2K02/210.74 mi92, Main Road, High Harrington, Workington, Cumbria CA14 4NH3
£39K01/210.75 mi243, Moss Bay Road, Workington, Cumbria CA14 3TG3
£83K12/220.75 mi258, Moss Bay Road, Workington, Cumbria CA14 3TL3
£105K04/230.85 mi2, Lady Court, Workington, Cumberland CA14 3SW3
£150K03/210.87 mi14, Marlborough Avenue, High Harrington, Workington, Cumbria CA14 4NW3
£95K03/210.89 mi4, Abbey Close, Workington, Cumbria CA14 3PB3
£105.8K02/230.89 mi133, Casson Road, Workington, Cumbria CA14 3XN3
£235K04/210.9 mi40, Ruskin Close, High Harrington, Workington, Cumbria CA14 4LS3
£205K01/210.9 mi29, Seadown Drive, High Harrington, Workington, Cumbria CA14 4NE3
£88.5K04/210.91 mi10, Edinburgh Avenue, Workington, Cumbria CA14 3NU3
£55.5K01/210.91 mi111, Grasmere Avenue, Workington, Cumbria CA14 3LS3
£88K09/210.93 mi80, Grasmere Avenue, Workington, Cumbria CA14 3LR3
£90K08/210.94 mi62, Bowness Court, Workington, Cumbria CA14 3SG3
£87K11/200.94 mi61, Bowness Court, Workington, Cumbria CA14 3SG3
£345K03/230.96 miFoxpit House, Copperas Hill, Harrington, Workington, Cumbria CA14 5RX3

Local Rents

12 rents from £520/mo to £1.1K/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£75009/240.24 mi-3
£79503/240.3 mi-3
£79512/240.3 mi-3
£79503/240.3 miMountain View, Harrington, Workington, CA143
£1,15009/240.35 mi-3
£52002/240.39 mi-3
£57504/240.75 miMoss Bay Road, Workington3
£69504/240.76 miWhins Close, Harrington, Workington, CA143
£70001/250.8 mi-3
£79505/240.92 miPeacock Way, Workington3
£79505/240.92 miPeacock Way, Workington3
£75003/241.15 miChaucer Road, Workington3

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

1.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Price changed to £79,995

November 27, 2024

Price changed to £85,000

November 8, 2024

Listed for £99,950

September 11, 2024

Floor Plans

Description

  • Ideal Family Home for Under 100k +
  • Perfect Doer Upper / Investment +
  • EPC Rating - C +
  • Gardens to Front and Rear +
  • First Floor Wetroom +
  • Separate Utility Area +
  • Three Bedroom Semi +

Located on Coronation Drive in the residential area of Salterbeck, this three bedroom semi-detached house presents a wonderful opportunity for those seeking a project and will make a perfect family home, but is also a great investment. Boasting one reception room, three bedrooms, and a wetroom, this property, which has good gardens to front and rear, offers the potential to be transformed into a cosy and inviting home.

While it may need some work, this property provides a blank canvas for those with a vision to create a space that will reflect their style and the location ensures easy access to local amenities, schools, and transport links, making it a convenient choice for families or individuals alike. Embrace this opportunity to turn this house into a warm and welcoming home that you can proudly call your own.

Things You Need To Know - Gas central heating
Double glazing

Entrance Hall - The property is accessed via a UPVC front entrance door. Door off to living/dining room. Staircase to first floor.

Living/Dining Room - 5.77 x 3.45 (18'11" x 11'3") - With windows to front and rear aspects. Wooden fireplace with electric fire with chrome and black surround, marble effect back and hearth. Radiator.

Kitchen - 3.45 x 2.67 (11'3" x 8'9") - The kitchen is a good size, fitted with light wood effect units with chrome handles, tiled splashbacks and complementary worktops. Stainless steel sink and drainer. Pantry. Wood effect laminate flooring.

Rear Hall/Utility - 2.44 x 2.13 (8'0" x 6'11") - Gas meter. Vinyl flooring. Under stair cupboard.

First Floor Landing - Cupboard with boiler. Access to loft.

Bedroom 1 - 4.04 x 3.45 (13'3" x 11'3") - With window to front aspect. A decent double bedroom. Radiator.

Bedroom 2 - 3.99 x 2.51 (13'1" x 8'2") - With window to front aspect. Double bedroom. Radiator.

Bedroom 3 - 2.54 x 2.51 (8'3" x 8'2") - With window to rear aspect. Excellent views. Radiator.

Wetroom - Electric shower, low level WC and pedestal wash hand basin. Marble effect wall panelling.

Front External - To the front of the property is a lawned garden, bordered with fencing.

Rear External - To the rear of the property is an attractive garden with concrete paving, lawn and shed.

Directions - Leave the centre of Workington via Vulcans Lane, at traffic signals turn right onto Oxford Street. At Railway Station junction turn left onto A597. At roundabout continue straight ahead. At mini roundabout continue straight ahead. Turn left onto Salterbeck Drive and continue through 2 mini roundabouts. Continue onto Holden Road. Turn left onto Coronation Drive.

Council Tax - We have been advised by Cumberland Council ) that this property is placed 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.

Agent Details

Grisdales Estate Agents, Cockermouth

01900 510849

Next Steps?

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