2 Bed House, Single Let, Carlisle, CA6 5SF, £74,900

57 Albert Street, Carlisle, Cumbria, CA6 5SF - 3 views - 7 months ago

BTL
ROI: 5%
59 m²
+10 photos

ValuationUndervalued

Sold Prices£68K - £220K
Sold Prices/m²£673/m² - £2.7K/m²

 

 

Square Metres

59 m²
Price/m²£1.3K/m²

Value Estimate

£89,483
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,725

Stamp Duty & Legal Fees

£3,447

Total Cash In

£22,172

 

 

Cash Out

 

Rent Range

£425 - £750

Rent Estimate

£425

Running Costs/mo

£339

Cashflow/mo

£86

Cashflow/yr

£1,031

ROI

5%

Gross Yield

7%

Local Sold Prices

23 sold prices from £68K to £220K, average is £111K. £673/m² to £2.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£83K02/210.04 mi25, Mill Street, Longtown, Carlisle, Cumbria CA6 5TF2
£111K12/220.04 mi17, Mill Street, Longtown, Carlisle, Cumberland CA6 5TF2
£91K10/200.05 mi61, Albert Street, Longtown, Carlisle, Cumbria CA6 5SF2
£75K08/230.05 mi2a, Albert Street, Longtown, Carlisle, Cumberland CA6 5SF2
£105K02/210.05 mi1, Albert Street, Longtown, Carlisle, Cumbria CA6 5SF2
£72.1K03/210.05 mi55, Albert Street, Longtown, Carlisle, Cumbria CA6 5SF2
£84K04/210.05 mi1a, Albert Street, Longtown, Carlisle, Cumbria CA6 5SF2
£95K07/230.05 mi1a, Albert Street, Longtown, Carlisle, Cumberland CA6 5SF2
£105K05/210.08 mi52, Raefield, Longtown, Carlisle, Cumbria CA6 5TQ2
£131K10/210.14 mi43, Swan Street, Longtown, Carlisle, Cumbria CA6 5UZ2
£180K11/220.14 mi43, Swan Street, Longtown, Carlisle, Cumbria CA6 5UZ2
£160K11/210.15 mi12, Mary Street, Longtown, Carlisle, Cumbria CA6 5UF2
£68K03/220.17 mi18, Swan Street, Longtown, Carlisle, Cumbria CA6 5UY2
£125K06/210.18 mi7, Arthuret Drive, Longtown, Carlisle, Cumbria CA6 5SG2
£128K12/200.18 mi16, Arthuret Drive, Longtown, Carlisle, Cumbria CA6 5SG2
£130K12/220.21 mi47, Esk Street, Longtown, Carlisle, Cumberland CA6 5PU2
£162K02/230.23 mi1, St Michaels Drive, Longtown, Carlisle, Cumberland CA6 5FA2
£145K09/210.25 mi9, Oak Avenue, Longtown, Carlisle, Cumbria CA6 5WF2
£150K10/220.25 mi8, Oak Avenue, Longtown, Carlisle, Cumbria CA6 5WF2
£75K12/220.26 mi16, Esk Bank, Longtown, Carlisle, Cumbria CA6 5PT2
£98K12/200.27 mi5, Bridge Street, Longtown, Carlisle, Cumbria CA6 5UB2
£138K09/210.27 mi3, Ladyseat Gardens, Longtown, Carlisle, Cumbria CA6 5XF2
£220K06/220.37 mi7, Powdrake Crescent, Longtown, Carlisle, Cumbria CA6 5XD2

Local Rents

9 rents from £425/mo to £750/mo, average is £525/mo.

RentDateDistanceAddressBeds 
£42503/240.05 miBurn Street, Longtown, Carlisle, CA65SF2
£52502/250.07 mi-2
£52502/250.07 mi-2
£75004/240.13 miEnglish Street, Longtown, CA64
£42503/240.13 miEnglish Street, Longtown, CA61
£65003/240.21 miEsk Street, Longtown, Carlisle2
£55003/240.21 miEsk Street, Longtown, Carlisle2
£47503/250.22 mi-2
£50003/240.25 miBridge Street, Longtown, CA63

Local Area Statistics

Population in CA6

8,842

Population in Carlisle

103,015

Town centre distance

7.44 miles away

Nearest school

0.20 miles away

Nearest train station

3.86 miles away

 

 

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £74,900

September 18, 2024

Sold for £69,000

2019

Sold for £75,600

2008

Floor Plans

Description

  • Immaculately Presented Mid Link House, +
  • 2 Double Bedrooms, Bathroom, +
  • Living Room, Dining Kitchen, +
  • Entrance Hallway, Cloakroom/WC, +
  • Electric Heating, Double Glazing, +
  • Shillied Forecourt to the Front, +
  • Enclosed Block Paved Rear Garden, +
  • Parking, +
  • Low Cost Housing Property ( Section 106 Agreement) +
  • Energy Rating - C +

This modern two-bedroom Mid Link House is immaculately presented throughout and is complete with an enclosed, low maintenance garden. The property is a low cost housing property ( Section 106 Agreement). The accommodation is deceptively spacious and well proportioned throughout making it a perfect home for first time buyers. Conveniently located within a new development on the outskirts of Longtown and within easy reach of a wide array of conveniences and transport links. A viewing is imperative to appreciate the location, space and quality.

The accommodation, which has electric heating and double glazing throughout, briefly comprises entrance hallway, WC/cloakroom, dining kitchen and living room to the ground floor with a landing, two double bedrooms and bathroom on the first floor. To the front elevation is a shillied forecourt with enclosed block paved rear garden and off-road parking. EPC - C and Council Tax Band - A.

Longtown is a thriving town located on the A7 to the North of Carlisle. The town itself boasts a wide range of amenities including shops, convenience stores, garage, pharmacy, doctors surgery and Longtown Primary School. Access back towards the Border City takes around 15 minutes drive, whilst for those looking to explore the great Borders region, this can be reached within a short drive.

Ground Floor -

Entance Hall - Approached through double glazed door, incorporating built in storage cupboard.

Cloakroom/Wc - 1.70m x 0.91m (5'7" x 3') - Incorporating pedestal wash hand basin, WC, window and radiator.

Dining Kitchen - 2.87m x 2.18m (9'5" x 7'2) - Incorporating fitted base and all units with complimentary worksurface over, 4 ring hob with below, plumbing for a washing machine, sink unit window and radiator.

Living Room - 4.47m x 3.51m (14'8" x 11'6") - Rear facing reception room incorporating window, double glazed door opening into the rear garden, electric feature fire place , radiator and understair storage cupboard.

First Floor -

Landing -

Bedroom 1 - 4.50m x 2.87m (14'9 x 9'5") - Rear facing bedroom with window to the rear elevation, double built in wardrobe, radiator and security alarm key pad control.

Bedroom 2 - 2.92m x 2.44m (9'7" x 8') - Front facing bedroom with window to the front elevation, built in wardrobe with double hanging rail, radiator and loft acces.

Bathroom - 1.93m x 1.88m (6'4" x 6'2") - Incorporating panelled bath with electric shower over, pedestal wash hand basin, WC, window and radiator.

Please Note - This property is low cost housing and subject to a 106 agreement.

Agent Details

Hunters, Carlisle

01228 276402

Next Steps?

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