2 Bed Terraced House, Single Let, Workington, CA14 5UJ, £75,000

Main Street, Distington, CA14 5UJ - 3 views - 5 months ago

BTL
ROI: 11%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£37K - £220K
Sold Prices/m²£602/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£86,194
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£500 - £1,150

Rent Estimate

£575

Running Costs/mo

£369

Cashflow/mo

£206

Cashflow/yr

£2,468

ROI

11%

Gross Yield

9%

Local Sold Prices

40 sold prices from £37K to £220K, average is £85K. £602/m² to £3.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£145K08/230.05 mi2, Distington Park, Distington, Workington, Cumberland CA14 5UN2
£97K06/230.09 mi3, Church Road, Distington, Workington, Cumberland CA14 5TD2
£170K11/200.16 miKilnside Bungalow, Kilnside, Distington, Workington, Cumbria CA14 5TN2
£55K12/210.16 mi11, Central Avenue, Distington, Workington, Cumbria CA14 5XB2
£157.9K04/210.25 mi6, Prospect View, Distington, Workington, Cumbria CA14 5XN2
£150K01/230.25 mi15, Prospect View, Distington, Workington, Cumberland CA14 5XN2
£80K01/210.43 mi17, Boot Brow, Distington, Workington, Cumbria CA14 5XR2
£90K04/210.49 mi45, Common End, Distington, Workington, Cumbria CA14 5XT2
£63K08/210.49 mi37, Common End, Distington, Workington, Cumbria CA14 5XT2
£125K02/230.68 mi2, Furnace Row, Distington, Workington, Cumbria CA14 4NZ2
£75K12/221.11 mi5, Keys Brow, High Harrington, Workington, Cumbria CA14 5RR2
£158K09/211.11 mi85, Broadacres, High Harrington, Workington, Cumbria CA14 5RN2
£160K02/231.15 mi43, Broadacres, High Harrington, Workington, Cumbria CA14 5RL2
£190K02/231.15 mi17, Broadacres, High Harrington, Workington, Cumbria CA14 5RL2
£74K11/211.21 mi2, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£62K04/211.21 mi4, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£67.5K08/211.21 mi10, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£180K02/231.21 mi1, Bannatyne Drive, High Harrington, Workington, Cumberland CA14 4LQ2
£37K12/221.22 mi55, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£69K12/201.22 mi42, Pica Cottages, Pica, Workington, Cumbria CA14 4QB2
£77K07/211.27 mi71, Pica Cottages, Pica, Workington, Cumbria CA14 4QD2
£65K10/211.27 mi72, Pica Cottages, Pica, Workington, Cumbria CA14 4QD2
£193K03/231.28 mi12, Seadown Drive, High Harrington, Workington, Cumbria CA14 4NE2
£148K06/211.29 mi76, Main Road, High Harrington, Workington, Cumbria CA14 4LT2
£143K02/211.29 mi46, Main Road, High Harrington, Workington, Cumbria CA14 4LT2
£67.5K02/211.44 mi4, Melbourne Terrace, High Harrington, Workington, Cumbria CA14 5PQ2
£220K12/221.44 miJandale, Scaw Road, High Harrington, Workington, Cumbria CA14 4LY2
£90K06/211.47 mi27, Main Road, High Harrington, Workington, Cumbria CA14 5PE2
£156K02/211.64 mi3, Commongate, Low Moresby, Whitehaven, Cumbria CA28 6RX2
£95K03/211.66 mi2, Ghyll Bank, Lowca, Whitehaven, Cumbria CA28 6QJ2
£96K10/211.66 mi3, Ghyll Bank, Lowca, Whitehaven, Cumbria CA28 6QJ2
£143.8K02/211.66 mi47, Moorclose Road, Harrington, Workington, Cumbria CA14 5LB2
£80K04/231.78 mi15, Mountain View, Harrington, Workington, Cumberland CA14 5JX2
£77.5K02/231.81 mi7, East Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PY2
£66K10/201.82 mi16, East Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PY2
£70K10/211.83 mi15, West Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PX2
£70K08/211.83 mi17, West Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PX2
£67.5K06/231.83 mi10, West Croft Terrace, Lowca, Whitehaven, Cumberland CA28 6PX2
£58.5K11/211.84 mi32, Coronation Drive, Salterbeck, Workington, Cumbria CA14 5LS2
£70.7K12/221.84 mi23, West Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PX2

Local Rents

27 rents from £500/mo to £1.1K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£69505/240.23 mi-3
£69505/240.23 mi-3
£69504/241.17 miWhins Close, Harrington, Workington, CA143
£57504/241.23 miPica Cottages, Pica, Workington2
£52002/241.44 mi-3
£80003/241.45 miRuskin Close, High Harrington, Workington, CA142
£57505/241.56 mi-2
£57504/241.56 miBurnside, Harrington, Workington, CA142
£80003/241.61 miBellaport Gardens, Harrington, Workington, CA14 5QX4
£75001/251.61 mi-4
£50004/241.63 miLow Moresby, Whitehaven, Cumbria, CA281
£65003/241.63 miLow Moresby, Whitehaven, CA281
£59503/241.63 mi-2
£59503/241.63 miPrimrose Crescent, Harrington, Workington, CA142
£85007/241.71 mi-3
£79503/241.77 mi-3
£79512/241.77 mi-3
£79503/241.77 miMountain View, Harrington, Workington, CA143
£75009/242.04 mi-3
£1,15009/242.17 mi-3
£62505/242.21 miNeedham Drive, Workington, CA142
£77503/242.25 miTivoli Cottages, Moresby, CA283
£62508/242.33 mi-2
£57503/242.36 miMoss Bay Road, Workington, CA142
£57503/242.36 miMoss Bay Road, Workington, CA142
£70001/252.37 mi-3
£75003/242.45 miChaucer Road, Workington3

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

2.79 miles away

Nearest school

0.10 miles away

Nearest train station

1.58 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £75,000

November 23, 2024

Floor Plans

Description

  • Offered for sale with no forward chain +
  • Ideal second home, buy to let or first-time buyer purchase +
  • Popular village location +
  • Easy access to larger neighbouring towns +
  • Local amenities within walking distance +
  • Spacious open plan ground floor +
  • Contemporary modern kitchen and bathroom +
  • Two generous double bedrooms +
  • Useful WC to the master bedroom +
  • Traditional terraced home +

Offered for sale with no forward chain is this traditional two-bedroom terraced home. Located in the popular village of Distington, the property would be ideal for first-time buyer, couples or perhaps as it's currently used, as an air B&B or second home. The village is a superb location, located between the larger towns of Whitehaven and Workington, with a regular bus service to both. There is a convenience store which is within easy walking distance and on the outskirts is a useful, petrol station and garage, with a well-known coffee chain outlet. The village also has its own doctor's surgery, post office and local school. The accommodation is set over two floors and comprises of an open plan living space, which incorporates a contemporary, modern kitchen, with ample space for seating and dining space. To the rear of the ground floor is a stylish, modern shower room with large vanity unit. To the first floor, there are two generously proportioned and well presented double bedrooms, with the main bedroom to the rear of the property boasting a useful WC. Externally, to the rear of the property is a low maintenance rear yard with steps up to an artificial grassed area. Viewing is essential to appreciate the accommodation on offer.

Agent Details

First Choice Move, Lillyhall

01946 552543

Next Steps?

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