2 Bed Terraced House, Single Let, Workington, CA14 3DE, £50,000

Devonshire Street, Workington, CA14 3DE - 1 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 16%
~58 m²
+4 photos

ValuationUndervalued

Sold Prices£40K - £135.5K
Sold Prices/m²£449/m² - £1.9K/m²

 

 

Square Metres

~58 m²
Price/m²£862/m²

Value Estimate

£61,339
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£470 - £750

Rent Estimate

£496

Running Costs/mo

£275

Cashflow/mo

£221

Cashflow/yr

£2,647

ROI

16%

Gross Yield

12%

Local Sold Prices

50 sold prices from £40K to £135.5K, average is £82K. £449/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£125K02/230.07 mi94, Gray Street, Workington, Cumbria CA14 2NH2
£120K04/210.07 mi94, Gray Street, Workington, Cumbria CA14 2NH2
£98K07/230.08 mi14, Devonshire Street, Workington, Cumberland CA14 3DL2
£65K04/230.09 mi1, Garfield Street, Workington, Cumberland CA14 3DH2
£96.5K08/210.13 mi20, Brayton Street, Workington, Cumbria CA14 2NP2
£78K06/210.13 mi43, Brayton Street, Workington, Cumbria CA14 2NP2
£100K03/230.13 mi17, Brayton Street, Workington, Cumberland CA14 2NP2
£85K08/210.14 mi15, Ashton Street, Workington, Cumbria CA14 3HD2
£58K03/210.15 mi18, Vulcans Lane, Workington, Cumbria CA14 2NW2
£65K03/210.15 mi71, Vulcans Lane, Workington, Cumbria CA14 2NW2
£120K10/210.17 mi18, Northumberland Street, Workington, Cumbria CA14 3HA2
£120K05/230.17 mi14, Northumberland Street, Workington, Cumberland CA14 3HA2
£120K11/200.17 mi14, Northumberland Street, Workington, Cumbria CA14 3HA2
£94.5K02/210.18 mi39, Vulcans Lane, Workington, Cumbria CA14 2NR2
£91.5K10/210.2 mi19, Vulcans Lane, Workington, Cumbria CA14 2NU2
£125K04/210.22 mi24, Berwick Street, Workington, Cumbria CA14 3EN2
£78K12/220.23 mi3, Warwick Place, Workington, Cumbria CA14 2BQ2
£91.5K06/210.23 mi8, Albert Street, Workington, Cumbria CA14 2QH2
£80K02/230.23 mi9, Chapel Street, Workington, Cumbria CA14 2BS2
£112.5K08/230.24 mi8, Portland Street, Workington, Cumberland CA14 4BQ2
£100K04/210.25 mi3, Infirmary Road, Workington, Cumbria CA14 2UG2
£61K10/210.26 mi15, James Street, Workington, Cumbria CA14 2DF2
£85.5K07/230.26 mi15, James Street, Workington, Cumberland CA14 2DF2
£80K12/200.26 mi21, James Street, Workington, Cumbria CA14 2DF2
£94K06/230.27 mi3, Pearson Street, Workington, Cumberland CA14 2QR2
£83K03/230.27 mi25, Pearson Street, Workington, Cumberland CA14 2QR2
£61K10/200.27 mi27, Yeowartville, Workington, Cumbria CA14 2BY2
£90K03/230.28 mi17, Portland Square, Workington, Cumberland CA14 4BW2
£56.5K01/210.29 mi22, Yeowartville, Workington, Cumbria CA14 2BX2
£58K07/230.29 mi6, Yeowartville, Workington, Cumberland CA14 2BX2
£47K12/200.29 mi1, Yeowartville, Workington, Cumbria CA14 2BU2
£100K06/230.3 mi62, Corporation Road, Workington, Cumberland CA14 2PQ2
£40K06/210.32 mi17, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K01/230.32 mi29, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K11/200.32 mi22, Cumberland Street, Workington, Cumbria CA14 2QP2
£93K04/210.32 mi72, Cumberland Street, Workington, Cumbria CA14 2QP2
£100K06/230.32 mi80, Cumberland Street, Workington, Cumberland CA14 2QP2
£75K03/210.33 mi1, Pilgrim Street, Workington, Cumbria CA14 2RA2
£83K04/210.33 mi7, Pilgrim Street, Workington, Cumbria CA14 2RA2
£75K12/220.34 mi34, Victoria Road, Workington, Cumbria CA14 2QT2
£69K07/210.34 mi9, Park End Road, Workington, Cumbria CA14 4DE2
£60K07/210.34 mi14, Victoria Road, Workington, Cumbria CA14 2QT2
£90K09/210.34 mi21, Victoria Road, Workington, Cumbria CA14 2QT2
£80K07/230.34 mi29, Victoria Road, Workington, Cumberland CA14 2QT2
£81K09/210.36 mi67, Frostoms Road, Workington, Cumbria CA14 3UR2
£135.5K03/230.36 mi24, Frostoms Road, Workington, Cumbria CA14 3UR2
£45K04/230.36 mi52, Napier Street, Workington, Cumberland CA14 2PU2
£70K06/210.36 mi9, Duke Street, Workington, Cumbria CA14 2HW2
£60K03/230.36 mi47, Lonsdale Street, Workington, Cumberland CA14 2YD2
£59K10/200.38 mi41, Lonsdale Street, Workington, Cumbria CA14 2YD2

Local Rents

25 rents from £470/mo to £750/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£62502/240.06 mi-2
£69503/250.06 mi-2
£65003/250.06 mi-2
£57003/240.07 miGray Street, Workington2
£52504/240.08 mi-2
£59503/240.09 miHunter Street, Workington2
£60004/240.14 miAshton Street, Workington2
£57511/230.2 mi-2
£62511/240.2 mi-2
£50010/240.24 mi-2
£69503/250.27 mi-2
£61003/240.29 miVictoria Road, Workington, CA142
£75003/250.3 mi-2
£52511/230.36 mi-2
£55003/240.36 miLonsdale Street, Workington, CA142
£65010/240.36 mi-2
£62505/240.36 miFrostoms Road, Workington2
£75009/240.38 mi-2
£59503/240.39 miThorncroft Gardens, Workington2
£55003/240.4 miBolton Street, Workington, Cumbria, CA14 2SW2
£57503/240.4 miBolton Street, Workington2
£55003/240.4 miIslay Place, Workington, CA142
£47002/240.4 mi-2
£52502/240.41 mi-2
£56504/240.44 miGladstone Street, Workington2

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

0.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Price changed to £50,000

February 28, 2025

Listed for £70,000

September 26, 2024

Floor Plans

Description

  • Turn Key Mid Terrace +
  • Open Plan Living Room/Diner +
  • Newly Fitted Kitchen +
  • Ground Floor Bathroom +
  • Two Double Bedrooms +
  • Rear Yard +
  • On Street Parking +
  • Within waking Distance Of Schools & Shops +

*£20,000 REDUCTION* Are You Looking To Embark On The Adventure Of Homeownership Or Expand Your Property Empire With This Mid-Terrace? It promises convenience and is sprinkled with a dash of cosiness for good measure!  On the ground floor is a spacious open plan living room diner. With large windows at the front and rear, this room is flooded with natural light and makes the perfect space for any family to relax after a busy day at work and school. The newly fitted kitchen has sleek grey cabinets and marble effect worktops that are almost too posh to prepare your beans on toast - but go ahead, we won't judge. The downstairs bathroom isn't the biggest but who needs a huge bathroom anyway? It conveniently has a shower over the bath, offering the perfect place for practicing on those vocals while scrubbing up.  With the bathroom being on the ground floor that means you gain bigger bedrooms. Both bedrooms are doubles - No tiny box room in sight!  What's lurking beneath the floorboards? A large basement ready to be converted into your very own man cave or a hideout for when relatives pop by unannounced. Externally, there is a small rear yard and outhouse. This property is located on a quiet no through road and offers on-street parking. Local schools for all ages and Workingtons shopping centre are only a short walk away. You will be able to shop until you drop! So, why consider this property? Because life’s too short not to invest in a home – or to hear a bad estate agent joke. But fear not, we'll spare you the punchline this time. Instead, come and see the potential for yourself. Contact us today to arrange your viewing. Please note - This property does require some work needing done.

Agent Details

Mark Buchanan Property Group, Powered by eXp UK, Workington

01900 510697

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪