2 Bed Terraced House, Single Let, Workington, CA14 5AB, £77,500

Moss Bay Road, Workington, CA14 5AB - 1 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~66 m²
+10 photos

ValuationOvervalued

Sold Prices£40K - £143.8K
Sold Prices/m²£449/m² - £1.9K/m²

 

 

Square Metres

~66.49 m²
Price/m²£1.2K/m²

Value Estimate

£72,209

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,375

Stamp Duty & Legal Fees

£3,525

Total Cash In

£22,900

 

 

Cash Out

 

Rent Range

£470 - £800

Rent Estimate

£518

Running Costs/mo

£366

Cashflow/mo

£152

Cashflow/yr

£1,827

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £40K to £143.8K, average is £80K. £449/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£73.5K12/220.16 mi280, Moss Bay Road, Workington, Cumbria CA14 3TH2
£97K08/210.18 mi2, Shore Terrace, Salterbeck, Workington, Cumbria CA14 5HJ2
£80K12/200.2 mi39, Westfield Drive, Workington, Cumbria CA14 5AX2
£73K01/230.21 mi8, Northcote Street, Workington, Cumbria CA14 3TY2
£65K05/230.24 mi253, Moss Bay Road, Workington, Cumberland CA14 3TG2
£99K01/230.25 mi17, Cranbourne Street, Workington, Cumbria CA14 3TZ2
£60K09/210.28 mi9, Salisbury Street, Workington, Cumbria CA14 3TS2
£40K03/210.3 mi2, Beach Street, Workington, Cumbria CA14 3TP2
£77.5K03/230.31 mi219, Moss Bay Road, Workington, Cumberland CA14 3TF2
£59K08/210.32 mi4, Windsor Road, Workington, Cumbria CA14 5BG2
£80K10/210.43 mi36, Needham Drive, Workington, Cumbria CA14 3SD2
£58.5K11/210.54 mi32, Coronation Drive, Salterbeck, Workington, Cumbria CA14 5LS2
£88K05/210.58 mi16, Beverley Close, Workington, Cumbria CA14 3PW2
£87.5K04/230.62 mi17, Edinburgh Avenue, Workington, Cumberland CA14 3NY2
£89K06/210.68 mi40, Elterwater Avenue, Workington, Cumbria CA14 3JZ2
£140K01/230.71 mi27, Elterwater Avenue, Workington, Cumbria CA14 3JZ2
£71K02/230.72 mi205, Harrington Road, Workington, Cumbria CA14 3XD2
£80K06/230.72 mi209, Harrington Road, Workington, Cumberland CA14 3XD2
£80K04/230.73 mi15, Mountain View, Harrington, Workington, Cumberland CA14 5JX2
£143.8K02/210.74 mi47, Moorclose Road, Harrington, Workington, Cumbria CA14 5LB2
£137K09/210.75 mi86, Newlands Lane South, Workington, Cumbria CA14 3NJ2
£135K05/210.75 mi100, Newlands Lane South, Workington, Cumbria CA14 3NJ2
£80K06/210.78 mi8, Islay Place, Workington, Cumbria CA14 3XB2
£94K05/210.8 mi4, Frostoms Road, Workington, Cumbria CA14 3UP2
£95.5K05/210.8 mi6, Frostoms Road, Workington, Cumbria CA14 3UP2
£85K09/210.8 mi95, Newlands Gardens, Workington, Cumbria CA14 3PE2
£81K09/210.82 mi67, Frostoms Road, Workington, Cumbria CA14 3UR2
£135.5K03/230.82 mi24, Frostoms Road, Workington, Cumbria CA14 3UR2
£73K12/220.83 mi162, Newlands Gardens, Workington, Cumbria CA14 3PE2
£71K06/230.83 mi168, Newlands Gardens, Workington, Cumberland CA14 3PE2
£102K04/210.83 mi6, Crosthwaite Court, Workington, Cumbria CA14 3SQ2
£75K03/210.87 mi1, Pilgrim Street, Workington, Cumbria CA14 2RA2
£83K04/210.87 mi7, Pilgrim Street, Workington, Cumbria CA14 2RA2
£77K12/200.87 mi69, Victoria Road, Workington, Cumbria CA14 2QU2
£86K02/210.87 mi110, Victoria Road, Workington, Cumbria CA14 2QU2
£60K07/210.89 mi14, Victoria Road, Workington, Cumbria CA14 2QT2
£90K09/210.89 mi21, Victoria Road, Workington, Cumbria CA14 2QT2
£80K07/230.89 mi29, Victoria Road, Workington, Cumberland CA14 2QT2
£75K12/220.89 mi34, Victoria Road, Workington, Cumbria CA14 2QT2
£78K11/200.89 mi6, Cumberland Street, Workington, Cumbria CA14 2SP2
£40K06/210.91 mi17, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K01/230.91 mi29, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K11/200.91 mi22, Cumberland Street, Workington, Cumbria CA14 2QP2
£93K04/210.91 mi72, Cumberland Street, Workington, Cumbria CA14 2QP2
£100K06/230.91 mi80, Cumberland Street, Workington, Cumberland CA14 2QP2
£90K06/210.91 mi27, Main Road, High Harrington, Workington, Cumbria CA14 5PE2
£68K02/230.91 mi90, Bolton Street, Workington, Cumbria CA14 2SW2
£82K12/220.92 mi95, Bolton Street, Workington, Cumbria CA14 2SW2
£79K10/210.92 mi23, Udale Court, Workington, Cumbria CA14 3SJ2
£83K03/230.92 mi25, Pearson Street, Workington, Cumberland CA14 2QR2

Local Rents

32 rents from £470/mo to £800/mo, average is £585/mo.

RentDateDistanceAddressBeds 
£57503/240.02 miMoss Bay Road, Workington, CA142
£57503/240.02 miMoss Bay Road, Workington, CA142
£55010/230.34 mi-2
£56003/240.37 miMoss Bay Road, Workington, CA142
£62505/240.46 miNeedham Drive, Workington, CA142
£59503/240.78 mi-2
£59503/240.78 miPrimrose Crescent, Harrington, Workington, CA142
£55003/240.78 miIslay Place, Workington, CA142
£65010/240.82 mi-2
£62505/240.82 miFrostoms Road, Workington2
£57505/240.89 mi-2
£57504/240.89 miBurnside, Harrington, Workington, CA142
£61003/240.9 miVictoria Road, Workington, CA142
£75003/250.9 mi-2
£69503/250.9 mi-2
£55003/240.91 miBolton Street, Workington, Cumbria, CA14 2SW2
£57503/240.91 miBolton Street, Workington2
£52502/240.98 mi-2
£57511/230.98 mi-2
£62511/240.98 mi-2
£60004/241.09 miAshton Street, Workington2
£57003/241.11 miGray Street, Workington2
£65003/251.12 mi-2
£59503/241.14 miHunter Street, Workington2
£75009/241.14 mi-2
£56504/241.16 miGladstone Street, Workington2
£47002/241.17 mi-2
£55003/241.18 miLonsdale Street, Workington, CA142
£52504/241.2 mi-2
£62502/241.23 mi-2
£69503/251.23 mi-2
£80003/241.24 miRuskin Close, High Harrington, Workington, CA142

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

1.08 miles away

Nearest school

0.40 miles away

Nearest train station

0.99 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £77,500

September 28, 2024

Floor Plans

Description

  • Located in a popular residential area of Workington +
  • Perfect for first time buyers or couples +
  • Close to local supermarket +
  • Two good sized reception rooms +
  • Kitchen with plenty of storage +
  • Stylish family bathroom with modern vanity unit +
  • Excellent transport links to neighbouring towns +
  • Low maintenance rear yard +

Situated in a popular area of Workington, is this deceptively spacious two bedroom terraced home. The property is located just a short five minutes drive from Workington town centre with its wide range of amenities. Just a five minutes drive in the opposite direction, you will find yourself in High Harrington, where you can enjoy beautiful coastal walks around the attractive marina. Also within easy walking distance is Asda supermarket. Ideal for first time buyers, couples, the property offers good value for money. Stepping inside the property and you will find yourself in the vestibule, which leads to the first of two reception rooms. From here there are stairs to the first floor and access into the second reception room. There is a good sized kitchen and a stylish family bathroom. To the first floor there two well presented double bedrooms. Externally, the property benefits from a low maintenance rear yard, with gated access to the lane.

Agent Details

First Choice Move, Lillyhall

01946 552543

Next Steps?

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