3 Bed Terraced House, Single Let, Workington, CA14 3DA, £90,000

Peter Street, Workington, CA14 3DA - 1 views - 6 months ago

Sold STC
BTL
ROI: 8%
~92 m²
+7 photos

ValuationUndervalued

Sold Prices£40K - £255K
Sold Prices/m²£392/m² - £3.9K/m²

 

 

Square Metres

~92.18 m²
Price/m²£976/m²

Value Estimate

£105,009
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£550 - £900

Rent Estimate

£622

Running Costs/mo

£426

Cashflow/mo

£196

Cashflow/yr

£2,356

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £40K to £255K, average is £120.8K. £392/m² to £3.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£128K12/220.07 mi33, Peter Street, Workington, Cumbria CA14 3DW3
£110K01/210.16 mi21, Gray Street, Workington, Cumbria CA14 2NH3
£140K05/230.16 mi132, Vulcans Lane, Workington, Cumberland CA14 2ND3
£135K10/200.17 mi1, Hunter Street, Workington, Cumbria CA14 2NG3
£110K04/210.18 mi12, Warwick Place, Workington, Cumbria CA14 2BH3
£110K08/210.19 mi17, Ashton Street, Workington, Cumbria CA14 3HD3
£155K02/230.2 mi21, Belvedere Street, Workington, Cumbria CA14 2NE3
£105K01/230.22 mi19, Elizabeth Street, Workington, Cumbria CA14 4DB3
£110.5K12/200.23 mi33, St Michaels Road, Workington, Cumbria CA14 3EZ3
£76.5K10/200.23 mi31, St Michaels Road, Workington, Cumbria CA14 3EZ3
£150K06/230.23 mi16, St Michaels Road, Workington, Cumberland CA14 3EZ3
£75K04/210.24 mi14, Darcy Street, Workington, Cumbria CA14 2NS3
£187.5K12/200.24 mi33, Elizabeth Street, Workington, Cumbria CA14 4DD3
£155K02/230.25 mi40, Mason Street, Workington, Cumbria CA14 3EQ3
£115K12/200.25 mi49, Hartington Street, Workington, Cumbria CA14 2NY3
£40K07/210.26 mi16, Mason Street, Workington, Cumbria CA14 3EQ3
£90K12/220.26 mi43, Vulcans Lane, Workington, Cumbria CA14 2NR3
£105K03/210.28 mi48, Northumberland Street, Workington, Cumbria CA14 3EY3
£129.5K03/230.28 mi10, Berwick Street, Workington, Cumberland CA14 3EN3
£100K12/210.31 mi17, Albert Street, Workington, Cumbria CA14 2QJ3
£128.3K04/210.32 mi5, Dalston Road, Workington, Cumbria CA14 3EJ3
£220K06/230.32 mi14, Banklands, Workington, Cumberland CA14 3EL3
£130K07/210.34 mi18, Park Lane, Workington, Cumbria CA14 2QA3
£122.5K06/230.35 mi43, New South Watt Street, Workington, Cumberland CA14 2RZ3
£170K02/230.36 mi5, Wordsworth Street, Workington, Cumbria CA14 2QD3
£105K02/210.36 mi13, Mason Street, Workington, Cumbria CA14 3EH3
£110K12/210.37 mi65, Frazer Street, Workington, Cumbria CA14 2QW3
£130K07/230.37 mi55, Frazer Street, Workington, Cumberland CA14 2QW3
£135K03/230.37 mi2, Wordsworth Street, Workington, Cumbria CA14 2QD3
£108K06/210.37 mi89, Corporation Road, Workington, Cumbria CA14 2PL3
£255K07/230.38 mi22, Banklands, Workington, Cumberland CA14 3EU3
£98K04/230.4 mi27, Lonsdale Street, Workington, Cumberland CA14 2YD3
£127K12/200.4 mi28, Dora Crescent, Workington, Cumbria CA14 2EZ3
£119K03/230.41 mi81, Cumberland Street, Workington, Cumberland CA14 2QP3
£102K02/210.41 mi67, Cumberland Street, Workington, Cumbria CA14 2QP3
£83K06/230.41 mi26, Cumberland Street, Workington, Cumberland CA14 2QP3
£103K05/230.41 mi130, Corporation Road, Workington, Cumberland CA14 2PN3
£118K10/210.43 mi136, Corporation Road, Workington, Cumbria CA14 2PW3
£200K08/210.43 mi11, Hawkshead Avenue, Workington, Cumbria CA14 3HW3
£76.5K04/230.43 mi32, Victoria Road, Workington, Cumberland CA14 2QT3
£87.5K05/210.43 mi17, Victoria Road, Workington, Cumbria CA14 2QT3
£160K05/210.44 mi33, Hartside Court, Workington, Cumbria CA14 2UB3
£135K02/230.44 mi48, Frostoms Road, Workington, Cumbria CA14 3UR3
£140K10/200.44 mi76, Frostoms Road, Workington, Cumbria CA14 3UR3
£96K12/200.44 mi72, Frostoms Road, Workington, Cumbria CA14 3UR3
£64K02/210.45 mi14, Cadman Street, Workington, Cumbria CA14 2TR3
£178K01/210.45 mi31, High Street, Workington, Cumbria CA14 4ET3
£240K11/220.46 mi22, Stanbeck Meadows, Workington, Cumbria CA14 3ND3
£177.5K04/210.47 mi11, Ennerdale Avenue, Workington, Cumbria CA14 3JT3
£166K04/230.47 mi8, Ennerdale Avenue, Workington, Cumberland CA14 3JT3

Local Rents

14 rents from £550/mo to £900/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£70008/230.08 mi-3
£55005/240.08 miDevonshire Street, Workington, Cumbria, CA143
£80004/250.19 mi-3
£70004/240.29 miRoseberry Street, Workington, Cumbria, CA143
£69503/240.36 miNew South Watt Street, Workington3
£65004/240.42 miVictoria Road, Workington, CA143
£80010/230.72 mi-3
£85011/240.72 mi-3
£75003/240.77 miChaucer Road, Workington3
£90003/240.83 miCurwendale, Stainburn, Workington, CA143
£70001/250.88 mi-3
£57504/241.03 miMoss Bay Road, Workington3
£79505/241.17 miPeacock Way, Workington3
£79505/241.17 miPeacock Way, Workington3

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

0.42 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Price changed to £90,000

January 31, 2025

Price changed to £100,000

December 4, 2024

Listed for £110,000

October 8, 2024

Floor Plans

Description

  • Offered for sale with no forward chain +
  • Lovely original features including high ceilings, original cornice and corbels +
  • Large open plan kitchen living and dining space to the rear of the property +
  • Contemporary modern first-floor bathroom plus ground floor shower room +
  • Stylish, modern kitchen with breakfast bar +
  • Ideal for first-time buyers, couples and families alike +
  • Convenient town centre location with local amenities on the doorstep +
  • Three good size bedrooms +

Offered for sale with no forward chain is this deceptively spacious, traditional terraced home, ideal for first-time buyers looking to get onto the property ladder, couples, or perhaps someone looking to downsize. Unlike most terraced properties, this one features a large, open plan kitchen diner and living space, as well as a second reception room. Positioned on a popular street, the property is just a stone's throw to Workington town centre and will be ideal for anyone who works, shops or socialises in the town. The property has plenty of space with three bedrooms and two bathrooms. On entering the property, you can appreciate the charm and character, with high ceilings, original cornice and corbels to the hallway from here there is access into a lovely lounge with original panelling surrounding the arched windows. To the rear of the ground floor, the space has been opened up to accommodate a light and spacious living area, with patio doors which is open to a stylish, modern kitchen. To the rear of the ground floor, there is a recently updated shower room, and a useful storage area also accessed from the kitchen space. To the first floor, there are three double bedrooms and a second stylish bathroom with vanity unit. Externally, the property has a low maintenance rear yard accessed through patio doors of the living area, making this a great space for entertaining friends and family. Viewing is essential to appreciate the accommodation and convenient location of this lovely traditional home.

Agent Details

First Choice Move, Lillyhall

01946 552543

Next Steps?

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