2 Bed Flat, Single Let, Carlisle, CA2 5SW, £89,950

Caldew Maltings, Carlisle, CA2 5SW - 2 views - 3 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£45.5K - £146.5K
Sold Prices/m²£819/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£89,868

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£4,050

Total Cash In

£26,538

 

 

Cash Out

 

Rent Range

£450 - £975

Rent Estimate

£515

Running Costs/mo

£404

Cashflow/mo

£111

Cashflow/yr

£1,331

ROI

5%

Gross Yield

7%

Local Sold Prices

27 sold prices from £45.5K to £146.5K, average is £73K. £819/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£64K10/210.04 miFlat 8, Willow Court, Willow Holme Road, Willowholme, Carlisle, Cumbria CA2 5SQ2
£73K11/220.06 miFlat 5, Willow Court, Willow Holme Road, Willowholme, Carlisle, Cumbria CA2 5SQ2
£115K12/210.32 miApartment 4 The Engine House, Shaddon Mill, Shaddongate, Carlisle, Cumbria CA2 5WF2
£146.5K12/220.32 miApartment 5 East Block, Shaddon Mill, Shaddongate, Carlisle, Cumbria CA2 5WD2
£78.4K04/210.49 mi3, Howard Court, Carlisle, Cumbria CA2 7AP2
£73K06/210.64 mi13, Yew Tree Court, Carlisle, Cumbria CA2 5QA2
£45.5K05/210.69 mi23, Fairfield Gardens, Carlisle, Cumbria CA2 7EW2
£67.5K10/210.69 mi20, Fairfield Gardens, Carlisle, Cumbria CA2 7EW2
£142K04/210.71 miGround Floor And Basement Flat, 51, Chiswick Street, Carlisle, Cumbria CA1 1HJ2
£55K09/210.71 mi18, Lewis Court, Carlisle, Cumbria CA2 5ET2
£80K05/220.81 mi58, Bowscale Close, Carlisle, Cumbria CA3 9LJ2
£70K05/230.81 mi13, Bowscale Close, Carlisle, Cumberland CA3 9LJ2
£80K10/220.82 mi49, Bowscale Close, Carlisle, Cumbria CA3 9LJ2
£58K09/220.84 mi14, Balmoral Court, Carlisle, Cumbria CA3 9PW2
£110K05/220.85 miFlat 9, Edentown Court, Eden Street, Carlisle, Cumbria CA3 9LQ2
£120K01/210.85 miFlat 8, Edentown Court, Eden Street, Carlisle, Cumbria CA3 9LQ2
£77.5K05/220.87 mi23, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£75K06/220.87 mi17, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£77.5K05/220.87 mi13, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£76K01/230.87 mi19, Sunningdale Close, Carlisle, Cumbria CA3 9QP2
£48K10/210.92 mi43, Caldew Close, Carlisle, Cumbria CA3 9JL2
£52.5K02/230.92 mi43, Caldew Close, Carlisle, Cumbria CA3 9JL2
£48.5K02/210.92 mi31, Caldew Close, Carlisle, Cumbria CA3 9JL2
£63.5K11/200.96 mi4, Prescott Court, Carlisle, Cumbria CA2 6EN2
£70K03/210.97 mi30c, Edward Street, Carlisle, Cumbria CA1 2JE2
£55K12/210.97 mi30a, Edward Street, Carlisle, Cumbria CA1 2JE2
£86.5K07/231 miFlat 3, Johnson Mill, Denton Mill Lane, Carlisle, Cumberland CA2 5NQ2

Local Rents

51 rents from £450/mo to £975/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£62505/240.03 miWillowbank, CA2 5RY2
£67504/240.04 miBridge Lane, Carlisle, CA22
£67505/240.04 mi-2
£69501/250.04 mi-2
£69501/250.04 mi-2
£75004/240.19 miMilbourne Court, Milbourne Street, Carlisle2
£60003/240.24 miCastle Street, Carlisle2
£69510/240.24 mi-2
£72512/240.24 mi-2
£60005/240.24 miMorton Street, Carlisle, CA22
£85010/240.25 mi-2
£45004/240.25 miHawick Street, Carlisle, CA22
£95002/250.27 mi-2
£89503/250.27 mi-2
£69501/240.28 mi-2
£57503/240.28 miKendal Street, Carlisle2
£49503/230.3 mi-2
£79901/250.3 mi-2
£97505/240.31 mi-2
£97505/240.31 miShaddon Mill, Carlisle, CA22
£65003/240.32 miPort Road, Carlisle, CA22
£65003/240.32 miPort Road, Carlisle, CA22
£56512/240.32 miNewcastle Street, Carlisle, Cumbria, CA22
£60003/240.33 miCanal Court, Infirmary Street, CA22
£55004/240.33 miCanal Court, Off Newtown Road, Carlisle2
£59511/230.33 mi-2
£57504/240.38 miScotch Street, Carlisle2
£69502/240.38 mi-2
£67507/230.4 mi-2
£59505/240.41 miGranville Road, Carlisle, CA22
£62505/240.46 miPeel Street, Carlisle2
£59505/240.46 miPeel Street, Carlisle 2
£65004/240.5 miSheffield Street, Carlisle2
£65004/240.5 miSheffield Street, Carlisle2
£67508/240.5 mi-2
£50003/240.51 miCrummock Street, Carlisle2
£53001/250.51 mi-2
£52507/240.52 mi-2
£57503/240.52 miClift Street, Carlisle2
£75007/240.53 mi-2
£57503/240.55 miNelson Court, Carlisle, CA22
£55003/240.56 miLawson Street, Carlisle2
£75003/240.59 miCollin Place, Off Newtown Road, Carlisle2
£55012/240.6 miCarlisle, Cumbria, CA22
£65005/240.6 miSpencer House, St Pauls Square, Carlisle2
£65005/240.6 miSpencer House, St Pauls Square, Carlisle2
£52503/240.6 miWilson Street, Carlisle2
£52003/240.61 miSpencer House, St Pauls Square, Carlisle2
£59503/240.61 miCollingwood Street, Carlisle, CA22
£59503/240.61 miCollingwood Street, Carlisle, CA22
£60003/240.61 miButtermere Close, Carlisle2

Local Area Statistics

Population in CA2

39,646

Population in Carlisle

103,015

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £89,950

March 20, 2025

Listed for £95,000

January 23, 2025

Description

  • Second floor apartment +
  • Open plan living +
  • Residents parking +
  • River views +
  • Popular parking +
  • Immaculately presented +

This two double bedroom second floor apartment has been newly decorated throughout and is immaculately presented. Located in Caldew Maltings with only two apartments in this block, the property is neutrally decorated with a modern kitchen and bathroom, residents parking and views across the river. On the ground floor there is a handy utility room with plumbing for a washing machine and storage facility. To the second floor there are two spacious landings and access into the apartment. Off the entrance hall there is an open plan lounge/kitchen with bay window views over the river and railway towards Bitts Park. A modern kitchen with integrated electric oven and built in storage. There are two light and airy spacious double bedrooms and a modern three piece shower room. Maintained communal gardens and residents parking.  Situated within easy walking distance of local shops, supermarkets and bus stops, just a ten minute walk into the city centre through Carlisle’s historic quarter and with good access to the western bypass. The property offers high quality, low maintenance living with amenities on your door step. Sold with the benefit of no onward chain. The accommodation with approximate measurements briefly comprises:

Agent Details

Cumbrian Properties, Carlisle

01228 276406

Next Steps?

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