2 Bed Terraced House, Single Let, Workington, CA14 2QH, £70,000

Albert Street, Workington, CA14 2QH - 3 views - 5 months ago

Sold STC
BTL
ROI: 10%
~68 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£72,976
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£470 - £750

Rent Estimate

£525

Running Costs/mo

£344

Cashflow/mo

£181

Cashflow/yr

£2,175

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £40K to £135.5K, average is £83K. £449/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£91.5K06/210 mi8, Albert Street, Workington, Cumbria CA14 2QH2
£91.5K10/210.03 mi19, Vulcans Lane, Workington, Cumbria CA14 2NU2
£94.5K02/210.05 mi39, Vulcans Lane, Workington, Cumbria CA14 2NR2
£94K06/230.05 mi3, Pearson Street, Workington, Cumberland CA14 2QR2
£83K03/230.05 mi25, Pearson Street, Workington, Cumberland CA14 2QR2
£58K03/210.08 mi18, Vulcans Lane, Workington, Cumbria CA14 2NW2
£65K03/210.08 mi71, Vulcans Lane, Workington, Cumbria CA14 2NW2
£96.5K08/210.09 mi20, Brayton Street, Workington, Cumbria CA14 2NP2
£78K06/210.09 mi43, Brayton Street, Workington, Cumbria CA14 2NP2
£100K03/230.09 mi17, Brayton Street, Workington, Cumberland CA14 2NP2
£40K06/210.1 mi17, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K01/230.1 mi29, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K11/200.1 mi22, Cumberland Street, Workington, Cumbria CA14 2QP2
£93K04/210.1 mi72, Cumberland Street, Workington, Cumbria CA14 2QP2
£100K06/230.1 mi80, Cumberland Street, Workington, Cumberland CA14 2QP2
£75K03/210.11 mi1, Pilgrim Street, Workington, Cumbria CA14 2RA2
£83K04/210.11 mi7, Pilgrim Street, Workington, Cumbria CA14 2RA2
£75K12/220.11 mi34, Victoria Road, Workington, Cumbria CA14 2QT2
£60K07/210.12 mi14, Victoria Road, Workington, Cumbria CA14 2QT2
£90K09/210.12 mi21, Victoria Road, Workington, Cumbria CA14 2QT2
£80K07/230.12 mi29, Victoria Road, Workington, Cumberland CA14 2QT2
£120K04/210.15 mi94, Gray Street, Workington, Cumbria CA14 2NH2
£125K02/230.16 mi94, Gray Street, Workington, Cumbria CA14 2NH2
£100K04/210.18 mi3, Infirmary Road, Workington, Cumbria CA14 2UG2
£65K04/230.18 mi1, Garfield Street, Workington, Cumberland CA14 3DH2
£94K05/210.18 mi4, Frostoms Road, Workington, Cumbria CA14 3UP2
£95.5K05/210.18 mi6, Frostoms Road, Workington, Cumbria CA14 3UP2
£81K09/210.18 mi67, Frostoms Road, Workington, Cumbria CA14 3UR2
£135.5K03/230.18 mi24, Frostoms Road, Workington, Cumbria CA14 3UR2
£78K11/200.18 mi6, Cumberland Street, Workington, Cumbria CA14 2SP2
£45K04/230.19 mi52, Napier Street, Workington, Cumberland CA14 2PU2
£77K12/200.19 mi69, Victoria Road, Workington, Cumbria CA14 2QU2
£86K02/210.19 mi110, Victoria Road, Workington, Cumbria CA14 2QU2
£80K06/210.19 mi8, Islay Place, Workington, Cumbria CA14 3XB2
£85K09/210.19 mi95, Newlands Gardens, Workington, Cumbria CA14 3PE2
£82K12/220.2 mi95, Bolton Street, Workington, Cumbria CA14 2SW2
£68K02/230.2 mi90, Bolton Street, Workington, Cumbria CA14 2SW2
£120K10/210.21 mi18, Northumberland Street, Workington, Cumbria CA14 3HA2
£120K05/230.21 mi14, Northumberland Street, Workington, Cumberland CA14 3HA2
£120K11/200.21 mi14, Northumberland Street, Workington, Cumbria CA14 3HA2
£100K06/230.22 mi62, Corporation Road, Workington, Cumberland CA14 2PQ2
£50K08/230.23 mi6, Bolton Street, Workington, Cumberland CA14 2SL2
£85K08/210.23 mi15, Ashton Street, Workington, Cumbria CA14 3HD2
£125K04/210.24 mi24, Berwick Street, Workington, Cumbria CA14 3EN2
£71K02/230.26 mi205, Harrington Road, Workington, Cumbria CA14 3XD2
£80K06/230.26 mi209, Harrington Road, Workington, Cumberland CA14 3XD2
£98K07/230.29 mi14, Devonshire Street, Workington, Cumberland CA14 3DL2
£60K03/230.31 mi47, Lonsdale Street, Workington, Cumberland CA14 2YD2
£61K10/200.32 mi27, Yeowartville, Workington, Cumbria CA14 2BY2
£59K10/200.32 mi41, Lonsdale Street, Workington, Cumbria CA14 2YD2

Local Rents

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

RentDateDistanceAddressBeds 
£57511/230.05 mi-2
£62511/240.05 mi-2
£75003/250.07 mi-2
£61003/240.08 miVictoria Road, Workington, CA142
£69503/250.1 mi-2
£57003/240.15 miGray Street, Workington2
£62505/240.16 miFrostoms Road, Workington2
£65010/240.16 mi-2
£59503/240.16 miHunter Street, Workington2
£65003/250.19 mi-2
£55003/240.19 miIslay Place, Workington, CA142
£55003/240.2 miBolton Street, Workington, Cumbria, CA14 2SW2
£57503/240.2 miBolton Street, Workington2
£60004/240.23 miAshton Street, Workington2
£52502/240.24 mi-2
£62502/240.28 mi-2
£69503/250.28 mi-2
£52504/240.28 mi-2
£75009/240.3 mi-2
£55003/240.31 miLonsdale Street, Workington, CA142
£47002/240.33 mi-2
£56504/240.35 miGladstone Street, Workington2
£50010/240.38 mi-2
£52511/230.57 mi-2
£59503/240.6 miThorncroft Gardens, Workington2
£56003/240.61 miMoss Bay Road, Workington, CA142

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

0.45 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £70,000

November 21, 2024

Floor Plans

Description

  • Two Bed Mid Terrace +
  • 2 Reception Rooms - One With A Feature Fireplace +
  • Good Sized Kitchen With Some Built In Appliances +
  • Two Double Bedrooms +
  • First Floor Family Bathroom Accessible Through One Of The Bedrooms +
  • Good Sized Rear Yard +
  • On Street Parking +
  • Within Walking Distance Of Schools & Shops +

A Two Bed Mid Terrace That Will Tickle Your Fancy But Not Pilfer Your Purse! A short walk away from Schools, Vulcans Park and the Town Centre. This property is the definition of convenience.  From the moment you lay eyes on this home, with its freshly painted exterior and whimsical sash windows, you'll be smitten. And once inside, the love affair continues. Not one but two reception rooms await your arrival, with one having a feature fireplace so mesmerising it might just become your new best friend during those chilly evenings. The other could be used as a dining room or even a home office. Lets face it... Who doesn't love sending emails in their pyjamas? The kitchen. It's a culinary nook in mint condition with some built-in appliances. Upstairs, two double bedrooms offer sanctuary for slumber. With one of the bedrooms acting as the gatekeeper to a sizeable family bathroom – because who doesn't enjoy a little en-suite luxury, even if it's through the bedroom? Venture outside to find a yard spacious enough for summer BBQ's, plus two brick-built sheds that will be your storage saviours.  While electric heating keeps the home snug, there's potential to switch to gas central heating if desired. If you have a car you will be pleased to know that there is plenty of on street parking out front.  Location? A stone's throw from Vulcan's Park, where you can revel in the greenery and a short stroll from schools that cater to learners of all ages. Overall the property is in great condition but you may wish to modernise it in some areas. Don't miss out! Contact us today to arrange your viewing.

Agent Details

Mark Buchanan Property Group, Powered by eXp UK, Workington

01900 510697

Next Steps?

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