2 Bed Terraced House, Single Let, Workington, CA14 2SS, £65,000

Blackburn Street, Workington, CA14 2SS - 7 months ago

Sold STC

BTL

ROI: 10%

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£35K - £135.5K
Sold Prices/m²	£449/m² - £1.9K/m²

Square Metres	~68.11 m²
Price/m²	£954/m²
Value Estimate	£71,560£71,560
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£16,250£16,250
Stamp Duty & Legal Fees	£4,450£4,450
Total Cash In	£20,700£20,700

Cash Out
Rent Range	£470 - £750£470 - £750
Rent Estimate	£500
Running Costs/mo	£323£323
Cashflow/mo	£177£177
Cashflow/yr	£2,123£2,123
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £35K to £135.5K, average is £80K. £449/m² to £1.9K/m², average is £1.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£50K	08/23	0.01 mi	6, Bolton Street, Workington, Cumberland CA14 2SL	-	-	2	Terraced House
£45K	04/23	0.05 mi	52, Napier Street, Workington, Cumberland CA14 2PU	-	-	2	Terraced House
£82K	12/22	0.07 mi	95, Bolton Street, Workington, Cumbria CA14 2SW	£788	104	2	Terraced House
£68K	02/23	0.07 mi	90, Bolton Street, Workington, Cumbria CA14 2SW	-	-	2	Terraced House
£78K	11/20	0.1 mi	6, Cumberland Street, Workington, Cumbria CA14 2SP	£1,099	71	2	Terraced House
£77K	12/20	0.12 mi	69, Victoria Road, Workington, Cumbria CA14 2QU	£885	87	2	Terraced House
£86K	02/21	0.12 mi	110, Victoria Road, Workington, Cumbria CA14 2QU	£1,162	74	2	Terraced House
£80K	10/21	0.16 mi	36, Findlay Place, Workington, Cumbria CA14 2XG	-	-	2	Terraced House
£100K	06/23	0.17 mi	62, Corporation Road, Workington, Cumberland CA14 2PQ	-	-	2	Terraced House
£75K	12/22	0.17 mi	34, Victoria Road, Workington, Cumbria CA14 2QT	£938	80	2	Terraced House
£60K	07/21	0.17 mi	14, Victoria Road, Workington, Cumbria CA14 2QT	£769	78	2	Terraced House
£90K	09/21	0.17 mi	21, Victoria Road, Workington, Cumbria CA14 2QT	£1,154	78	2	Terraced House
£80K	07/23	0.17 mi	29, Victoria Road, Workington, Cumberland CA14 2QT	£1,893	42	2	Terraced House
£40K	06/21	0.17 mi	17, Cumberland Street, Workington, Cumbria CA14 2QP	£449	89	2	Terraced House
£80K	01/23	0.17 mi	29, Cumberland Street, Workington, Cumbria CA14 2QP	£1,053	76	2	Terraced House
£80K	11/20	0.17 mi	22, Cumberland Street, Workington, Cumbria CA14 2QP	£1,026	78	2	Terraced House
£93K	04/21	0.17 mi	72, Cumberland Street, Workington, Cumbria CA14 2QP	£1,094	85	2	Terraced House
£100K	06/23	0.17 mi	80, Cumberland Street, Workington, Cumberland CA14 2QP	£1,190	84	2	Terraced House
£78.5K	04/23	0.2 mi	26, Gladstone Street, Workington, Cumberland CA14 2XH	£1,092	72	2	Terraced House
£60K	03/23	0.2 mi	47, Lonsdale Street, Workington, Cumberland CA14 2YD	£811	74	2	Terraced House
£59K	10/20	0.2 mi	41, Lonsdale Street, Workington, Cumbria CA14 2YD	£831	71	2	Terraced House
£82K	07/23	0.21 mi	14, Clay Street, Workington, Cumberland CA14 2XZ	£1,150	71	2	Terraced House
£54.5K	05/21	0.21 mi	18, Milburn Street, Workington, Cumbria CA14 2XT	£744	73	2	Terraced House
£35K	03/21	0.21 mi	33, Milburn Street, Workington, Cumbria CA14 2XT	£530	66	2	Terraced House
£85K	09/21	0.22 mi	95, Newlands Gardens, Workington, Cumbria CA14 3PE	£1,076	79	2	Terraced House
£68K	11/21	0.22 mi	1, Harcourt Street, Workington, Cumbria CA14 2XL	£958	71	2	Terraced House
£91.5K	06/21	0.23 mi	8, Albert Street, Workington, Cumbria CA14 2QH	£1,064	86	2	Terraced House
£81K	12/22	0.24 mi	10, Harcourt Street, Workington, Cumbria CA14 2XL	£1,037	78	2	Terraced House
£75K	03/21	0.24 mi	1, Pilgrim Street, Workington, Cumbria CA14 2RA	£1,071	70	2	Terraced House
£83K	04/21	0.24 mi	7, Pilgrim Street, Workington, Cumbria CA14 2RA	£1,078	77	2	Terraced House
£94K	06/23	0.25 mi	3, Pearson Street, Workington, Cumberland CA14 2QR	£959	98	2	Terraced House
£83K	03/23	0.25 mi	25, Pearson Street, Workington, Cumberland CA14 2QR	£1,051	79	2	Terraced House
£67K	05/23	0.25 mi	6, Fletcher Street, Workington, Cumberland CA14 2XW	-	-	2	Terraced House
£94.5K	02/21	0.26 mi	39, Vulcans Lane, Workington, Cumbria CA14 2NR	£1,027	92	2	Semi-Detached House
£58K	03/21	0.26 mi	18, Vulcans Lane, Workington, Cumbria CA14 2NW	£586	99	2	Terraced House
£65K	03/21	0.26 mi	71, Vulcans Lane, Workington, Cumbria CA14 2NW	£878	74	2	Terraced House
£91.5K	10/21	0.27 mi	19, Vulcans Lane, Workington, Cumbria CA14 2NU	£1,040	88	2	Terraced House
£80K	06/21	0.29 mi	8, Islay Place, Workington, Cumbria CA14 3XB	£959	83	2	Terraced House
£94K	05/21	0.29 mi	4, Frostoms Road, Workington, Cumbria CA14 3UP	£1,106	85	2	Terraced House
£95.5K	05/21	0.29 mi	6, Frostoms Road, Workington, Cumbria CA14 3UP	-	-	2	Terraced House
£96.5K	08/21	0.3 mi	20, Brayton Street, Workington, Cumbria CA14 2NP	£1,222	79	2	Terraced House
£78K	06/21	0.3 mi	43, Brayton Street, Workington, Cumbria CA14 2NP	£971	80	2	Terraced House
£100K	03/23	0.3 mi	17, Brayton Street, Workington, Cumberland CA14 2NP	£1,099	91	2	Terraced House
£71K	02/23	0.32 mi	205, Harrington Road, Workington, Cumbria CA14 3XD	£1,187	60	2	Terraced House
£80K	06/23	0.32 mi	209, Harrington Road, Workington, Cumberland CA14 3XD	£1,333	60	2	Terraced House
£61K	10/20	0.32 mi	27, Yeowartville, Workington, Cumbria CA14 2BY	£938	65	2	Terraced House
£81K	09/21	0.35 mi	67, Frostoms Road, Workington, Cumbria CA14 3UR	£1,000	81	2	Terraced House
£135.5K	03/23	0.35 mi	24, Frostoms Road, Workington, Cumbria CA14 3UR	£1,448	94	2	Terraced House
£120K	04/21	0.35 mi	94, Gray Street, Workington, Cumbria CA14 2NH	£1,395	86	2	Terraced House
£125K	02/23	0.35 mi	94, Gray Street, Workington, Cumbria CA14 2NH	£1,453	86	2	Terraced House

Local Rents

24 rents from £470/mo to £750/mo, average is £585/mo.

Rent	Date	Distance	Address	Beds	Type
£525	02/24	0 mi	-	2	Semi-Detached House
£575	03/24	0.07 mi	Bolton Street, Workington	2	Terraced House
£550	03/24	0.07 mi	Bolton Street, Workington, Cumbria, CA14 2SW	2	Terraced House
£750	09/24	0.17 mi	-	2	Terraced House
£565	04/24	0.19 mi	Gladstone Street, Workington	2	Semi-Detached House
£470	02/24	0.2 mi	-	2	Terraced House
£550	03/24	0.2 mi	Lonsdale Street, Workington, CA14	2	Terraced House
£750	03/25	0.22 mi	-	2	Terraced House
£610	03/24	0.25 mi	Victoria Road, Workington, CA14	2	Terraced House
£625	05/24	0.28 mi	Frostoms Road, Workington	2	Terraced House
£575	11/23	0.28 mi	-	2	Terraced House
£625	10/24	0.28 mi	-	2	Terraced House
£650	10/24	0.29 mi	-	2	Terraced House
£550	03/24	0.29 mi	Islay Place, Workington, CA14	2	Terraced House
£695	03/25	0.3 mi	-	2	Flat
£595	03/24	0.33 mi	Hunter Street, Workington	2	Terraced House
£570	03/24	0.35 mi	Gray Street, Workington	2	Terraced House
£650	04/25	0.4 mi	-	2	Terraced House
£500	10/24	0.45 mi	-	2	Terraced House
£625	02/24	0.45 mi	-	2	Terraced House
£695	04/25	0.45 mi	-	2	Terraced House
£600	04/24	0.46 mi	Ashton Street, Workington	2	Terraced House
£525	04/24	0.48 mi	-	2	Terraced House
£560	03/24	0.61 mi	Moss Bay Road, Workington, CA14	2	Terraced House

Local Area Statistics

Population in CA14	35,82635,826
Population in Workington	35,83035,830
Town centre distance	0.69 miles away0.69 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.29 miles away0.29 miles away

Rental growth (12m)	-1%-1%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+4%+4%

Property History

Listed for £65,000

October 1, 2024

Description

Sold before going to market

Agent Details

First Choice Move, Lillyhall

01946 552543

Next Steps?

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

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2 Bed Terraced House, Single Let, Workington, CA14 2SS, £65,000

ValuationUndervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

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Local Area Statistics

Property History

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents