4 Bed Detached House, Refurb/BRRR, Carlisle, CA1 3TH, £295,000

Dalesman Drive, Carlisle, CA1 3TH - 3 months ago

Leasehold
Refurb/BRRR
~129 m²
+14 photos

ValuationOvervalued

Sold Prices£139K - £450K
Sold Prices/m²£1.5K/m² - £3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.3K/m²

Value Estimate

£257,370

 

 

End Value (After Refurb)

£232,217

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Refurb Costs

£50,869

Bridging Loan Interest

£7,744

Total Cash In

£146,413

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£232,217

Mortgage (After Refinance)

£174,163

Mortgage LTV

75%

Cash Left In

£146,413

Equity

£58,054

Rent Range

£595 - £1,200

Rent Estimate

£783

Running Costs/mo

£902

Cashflow/mo

£-119

Cashflow/yr

£-1,431

Gross Yield

3%

Local Sold Prices

33 sold prices from £139K to £450K, average is £242K. £1.5K/m² to £3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£210K03/210 mi57, Dalesman Drive, Carlisle, Cumbria CA1 3TH4
£212K06/210 mi62, Dalesman Drive, Carlisle, Cumbria CA1 3TH4
£212K12/220.05 mi7, Dalesman Drive, Carlisle, Cumbria CA1 3TH4
£210K08/210.07 mi2, Hunters Crescent, Carlisle, Cumbria CA1 3TA4
£225K03/210.08 mi33, Watermans Walk, Carlisle, Cumbria CA1 3TJ4
£139K12/200.08 mi85, Watermans Walk, Carlisle, Cumbria CA1 3TJ4
£242K12/220.08 mi5, Watermans Walk, Carlisle, Cumbria CA1 3TJ4
£223K01/210.12 mi14, Watermans Walk, Carlisle, Cumbria CA1 3TU4
£210K03/210.12 mi64, Watermans Walk, Carlisle, Cumbria CA1 3TU4
£345K01/210.18 mi4, Sycamore Lane, Carlisle, Cumbria CA1 3SR4
£425K02/230.18 mi4, Sycamore Lane, Carlisle, Cumbria CA1 3SR4
£196K06/210.2 mi38, Leywell Drive, Carlisle, Cumbria CA1 3TN4
£190K12/210.2 mi9, Valley Drive, Carlisle, Cumbria CA1 3TB4
£210K12/200.2 mi7, Valley Drive, Carlisle, Cumbria CA1 3TB4
£255K10/220.23 mi2, Moorside Drive, Carlisle, Cumbria CA1 3TF4
£210K10/210.25 mi33, Moorside Drive, Carlisle, Cumbria CA1 3TE4
£357.5K12/200.28 mi16, Twickenham Court, Carlisle, Cumbria CA1 3TW4
£330K08/210.29 mi11, Cherry Lane, Carlisle, Cumbria CA1 3GJ4
£395K10/220.32 mi12, Cumwhinton Drive, Carlisle, Cumbria CA1 3HX4
£258K11/200.4 mi17, Parkland Avenue, Carlisle, Cumbria CA1 3GN4
£330K06/210.4 mi7, Parkland Avenue, Carlisle, Cumbria CA1 3GN4
£349K01/210.4 mi36, Parkland Avenue, Carlisle, Cumbria CA1 3GN4
£335K11/200.4 mi2, Parkland Avenue, Carlisle, Cumbria CA1 3GN4
£380K01/230.4 mi46, Parkland Avenue, Carlisle, Cumberland CA1 3GN4
£165K11/200.42 mi37, Cumwhinton Road, Carlisle, Cumbria CA1 3LA4
£235K11/220.78 miSouth View, Harraby Grove, Carlisle, Cumbria CA1 2QN4
£169.9K03/230.82 mi46, Carliol Drive, Carlisle, Cumberland CA1 2RE4
£265K12/200.85 mi42, Hillcrest Avenue, Carlisle, Cumbria CA1 2QJ4
£340K12/200.89 miRavenwood, Lambley Bank, Scotby, Carlisle, Cumbria CA4 8BX4
£450K06/210.89 miWhite House, Lambley Bank, Scotby, Carlisle, Cumbria CA4 8BX4
£364K11/200.9 miBroom Hill, Broomfallen Road, Scotby, Carlisle, Cumbria CA4 8DG4
£210K09/210.91 mi33, Chertsey Bank, Carlisle, Cumbria CA1 2QF4
£267.5K08/210.99 mi5, Wingate Road, Carlisle, Cumbria CA1 2RJ4

Local Rents

14 rents from £595/mo to £1.2K/mo, average is £708/mo.

RentDateDistanceAddressBeds 
£90004/240.2 miOval Court, Carlisle3
£90004/240.2 miOval Court, Carlisle3
£65004/240.22 miMeadow View, Carlisle, CA13
£80005/240.29 miPennine View, Carlisle, CA13
£59503/240.31 miPennine View Close, Carleton Grange3
£59504/240.31 miPennine View Close, Carleton Grange3
£69503/240.31 miPennine View Close, Carlisle, CA13
£62004/240.31 miPennine View Close, Carlisle, CA13
£79503/240.34 miAshford Way, Carlisle3
£1,10004/240.35 miFarbrow Road, Carlisle3
£1,20003/240.38 miParkland Drive, Carlisle4
£69508/230.56 mi-3
£70004/240.57 miLightfoot Drive, Carlisle, CA13
£71501/240.57 mi-3

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

2.59 miles away

Nearest school

0.40 miles away

Nearest train station

1.93 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £295,000

January 13, 2025

Description

  • A Beautifully Appointed Spacious, Modern Detached House +
  • Situated On The Sought After Carleton Grange Development +
  • Good Sized Lounge & Dining Room +
  • Conservatory +
  • Fitted Dining Kitchen +
  • Utility Room & Cloaks/WC +
  • Four Bedrooms (Master with Ensuite) +
  • Family Bathroom +
  • Gas Central Heating (New Boiler Installed 2023) & uPVC Double Glazing +
  • Driveway, Garage & An Attractive Rear Garden +

Take a closer look at 32 Dalesman Drive, a beautifully appointed and recently decorated, spacious modern four bedroom detached family house, positioned in a quiet cul-de-sac location on the sought after Carleton Grange development to the Southern outskirts of Carlisle. The property which has had new flooring throughout as well as a modern kitchen and bathroom is presented to the market in 'turn key' condition and ready to move straight in to. There are a wealth of local amenities on your doorstep including reputable schools including Cumwhinton, Pennine Way and Inglewood, local shops and excellent transport links including the M6 motorway and the A69. Accommodation comprises Entrance into Vestibule, Good Sized Lounge leading to a Dining Room, Conservatory, Modern Fitted Kitchen, Utility Room and Cloaks/WC. To the first floor there are Four Bedrooms (Master with an Ensuite) and a Family Bathroom. The property benefits from gas central heating (new boiler installed in 2023) and uPVC double glazing. Externally there is a driveway, garage and an attractive rear garden. Internal viewing is highly recommended.

Property Over View

Homesearch Direct are delighted to present to the market this immaculate, detached house available for sale on the sought after Carleton Grange development to the south of Carlisle. This property is nestled in a quiet cul-de-sac location which is highly sought after, providing a serene and peaceful environment.

The house boasts an impressive three reception rooms, each presenting a unique atmosphere. The lovely lounge provides a spacious and inviting area, perfect for entertaining guests or spending a quiet evening with family. The dining room is a perfect space for hosting dinner parties or enjoying family meals. The conservatory, a unique feature of this property, allows for an abundance of natural light and offers a tranquil space to relax while overlooking the attractive rear garden.

In addition to the generous living spaces, this house also features a modern fitted kitchen, a utility room, and a cloaks/WC, all of which have been maintained to a high standard. However, please note that there are no additional kitchens within this property.

The property consists of four decent bedrooms, offering ample space for a growing family or for accommodating guests. The master bedroom is particularly notable, complete with an en-suite bathroom for added convenience and privacy. Each bedroom has been designed with comfort and style in mind, ensuring a restful space for each member of the family.

The modern family bathroom serves the remaining bedrooms and is ideal for families requiring functional and stylish facilities.

Externally, the property features a driveway capable of accommodating side by side parking for two cars, along with a garage offering additional parking or storage space. The rear of the property presents an attractive garden laid to lawn with a decked patio area, providing the perfect setting for outdoor entertaining or for children to play.

The property is ideally located with easy access to the M6 Motorway, making it convenient for commuting. It is well-served by public transport links and is in close proximity to local amenities, schools, green spaces, and nearby parks. Outdoor enthusiasts will also appreciate the nearby walking and cycling routes.

This property is ideal for first-time buyers looking to step onto the property ladder, as well as families seeking a spacious home in a sought-after location. Its condition, unique features, and location make it a highly desirable property.

In conclusion, this property represents a fantastic opportunity to acquire a family home that combines generous living spaces, modern conveniences, and a prime location. Its immaculate condition means it is ready to move into and enjoy, with no need for any work or renovations. The combination of its desirable features and sought-after location make this property a must-see.

In through the composite front door to:

Entrance Vestibule

Lounge
16' 2'' x 13' 8'' (4.92m x 4.16m)

Dining Room 
9' 4'' x 7' 8'' (2.84m x 2.34m) 

Conservatory 
21' 0'' x 8' 2'' (6.40m x 2.49m)

Fitted Kitchen 
9' 9'' x 9' 4'' (2.97m x 2.84m) 

Utility Room 
5' 8'' x 4' 10'' (1.73m x 1.47m)

Cloaks/WC 
4' 11'' x 4' 1'' (1.50m x 1.24m)

From Lounge upstairs to:

First Floor Landing

Master Bedroom 
13' 11'' x 10' 5'' (4.24m x 3.17m)

Ensuite 
6' 0'' x 4' 7'' (1.83m x 1.40m)

Bedroom Two 
12' 4'' x 8' 7'' (3.76m x 2.61m)

Bedroom Three 
10' 10'' x 8' 6'' (3.30m x 2.59m)

Bedroom Four 
9' 3'' x 7' 2'' (2.82m x 2.18m)

Family Bathroom 
6' 4'' x 5' 5'' (1.93m x 1.65m)

Services
Mains gas, water, electricity and drainage. Gas central heating (new boiler installed in 2023) uPVC double glazing. Leasehold. Approximately 978 years remaining. Annual ground rent is £140.00. Council Tax Band D.

Agent Details

Homesearch Direct, Carlisle

01228 582040

Next Steps?

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