4 Bed Bungalow, Planning Permission, Carlisle, CA6 4DS, £450,000

Old Swinford, Harker, Carlisle, Cumbria, CA6 4DS - 3 months ago

Cash
Planning
~129 m²
+16 photos

ValuationOvervalued

Sold Prices£115K - £365K
Sold Prices/m²£1.3K/m² - £3.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.5K/m²

Value Estimate

£247,842

 

 

End Value (After Refurb)

£280,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£50,757

Bridging Loan Interest

£11,813

Total Cash In

£210,520

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£280,000

Mortgage (After Refinance)

£210,000

Mortgage LTV

75%

Cash Left In

£210,520

Equity

£70,000

Rent Range

£433 - £1,400

Rent Estimate

£787

Running Costs/mo

£1,052

Cashflow/mo

£-265

Cashflow/yr

£-3,185

Gross Yield

2%

Local Sold Prices

50 sold prices from £115K to £365K, average is £255K. £1.3K/m² to £3.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£280K06/220.28 mi5, Harker Park Road, Harker Park, Carlisle, Cumbria CA6 4HS4
£235K08/210.34 mi23, Harker Park Road, Harker Park, Carlisle, Cumbria CA6 4HS4
£185K12/200.6 mi5, Crindledyke Close, Kingstown, Carlisle, Cumbria CA6 4BX4
£212.5K07/210.6 mi9, Crindledyke Close, Kingstown, Carlisle, Cumbria CA6 4BX4
£220K12/200.77 mi18, Charlton Way, Kingstown, Carlisle, Cumbria CA6 4EU4
£270K04/210.83 mi63, Maxwell Drive, Kingstown, Carlisle, Cumbria CA6 4EB4
£310K09/211.07 mi2, Meadowfield, Harker Road Ends, Carlisle, Cumbria CA6 4HE4
£255K02/211.07 mi4, Meadowfield, Harker Road Ends, Carlisle, Cumbria CA6 4HE4
£305K12/221.22 mi61, Pinecroft, Carlisle, Cumbria CA3 0DB4
£325K01/231.31 mi13, Newfield Drive, Carlisle, Cumberland CA3 0AG4
£300K02/231.36 mi40, Newfield Drive, Carlisle, Cumbria CA3 0AF4
£255K12/201.39 mi2, Lowry Hill Road, Carlisle, Cumbria CA3 0DF4
£256K12/201.42 mi23, Liddle Close, Carlisle, Cumbria CA3 0DT4
£320K09/211.43 mi32, Newfield Park, Carlisle, Cumbria CA3 0AH4
£252K06/211.43 mi36, Newfield Park, Carlisle, Cumbria CA3 0AH4
£250K05/211.47 miKingmoor Grange, Kingstown Road, Carlisle, Cumbria CA3 0AX4
£350K08/221.48 mi13, Sanderson Close, Carlisle, Cumbria CA3 0QA4
£209K12/201.48 mi30, Naworth Drive, Carlisle, Cumbria CA3 0DD4
£255K03/231.48 mi33, Naworth Drive, Carlisle, Cumberland CA3 0DD4
£235K02/211.5 mi132, Kingstown Road, Carlisle, Cumbria CA3 0AY4
£320K07/231.54 mi20, Hether Drive, Carlisle, Cumberland CA3 0ED4
£240K05/211.59 mi40, Turnberry Way, Carlisle, Cumbria CA3 0QL4
£280K10/221.59 mi11, Teasdale Road, Carlisle, Cumbria CA3 0HF4
£220K01/211.59 mi150, Lowry Hill Road, Carlisle, Cumbria CA3 0ER4
£265K12/201.59 mi156, Lowry Hill Road, Carlisle, Cumbria CA3 0ER4
£276K06/211.6 mi18, Wolsty Close, Carlisle, Cumbria CA3 0PB4
£244K10/201.63 mi19, Moorville Drive, Carlisle, Cumbria CA3 0AN4
£256.5K12/211.63 mi5, Bailey Road, Carlisle, Cumbria CA3 0HG4
£296K04/231.64 mi25, Edenside, Cargo, Carlisle, Cumberland CA6 4AQ4
£193K05/211.64 mi55, Edenside, Cargo, Carlisle, Cumbria CA6 4AQ4
£242.5K06/211.64 mi72, Edenside, Cargo, Carlisle, Cumbria CA6 4AQ4
£215K04/211.64 mi33, Edenside, Cargo, Carlisle, Cumbria CA6 4AQ4
£218.5K04/211.64 mi56, Edenside, Cargo, Carlisle, Cumbria CA6 4AQ4
£267.5K01/231.64 mi27, Edenside, Cargo, Carlisle, Cumberland CA6 4AQ4
£207.5K02/211.65 mi10, Moorville Drive South, Carlisle, Cumbria CA3 0AW4
£230K07/211.68 mi111, Tribune Drive, Houghton, Carlisle, Cumbria CA3 0LF4
£357.5K04/231.68 mi173, Tribune Drive, Houghton, Carlisle, Cumberland CA3 0LF4
£265.5K03/231.68 mi128, Tribune Drive, Houghton, Carlisle, Cumbria CA3 0LF4
£365K12/221.68 mi129, Tribune Drive, Houghton, Carlisle, Cumberland CA3 0LF4
£300K09/221.73 mi18, Wentworth Drive, Carlisle, Cumbria CA3 0PW4
£255K08/221.74 mi23, Pennington Drive, Carlisle, Cumbria CA3 0PF4
£215K04/211.75 mi12, Pennington Drive, Carlisle, Cumbria CA3 0PF4
£264K02/231.78 mi3, Swinburn Drive, Carlisle, Cumberland CA3 0PY4
£295K10/201.81 mi55, Lansdowne Close, Carlisle, Cumbria CA3 9HN4
£182.5K11/201.81 mi4, Lansdowne Close, Carlisle, Cumbria CA3 9HN4
£182.5K11/201.81 mi4, Lansdowne Close, Carlisle, Cumbria CA3 9HN4
£229.9K12/201.85 mi208, Lowry Hill Road, Carlisle, Cumbria CA3 0EG4
£115K07/211.88 mi35, Bracken Ridge, Carlisle, Cumbria CA3 9TE4
£122.5K11/201.94 mi19, Fernlea Way, Carlisle, Cumbria CA3 9SH4
£260K10/201.99 mi104, Lansdowne Crescent, Carlisle, Cumbria CA3 9EP4

Local Rents

45 rents from £433/mo to £1.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£1,00004/240.23 miSkiddaw View, Low Harker, CA63
£1,30004/240.48 miLow Harker, Carlisle, CA64
£72009/230.73 mi-2
£75003/240.86 miFenwick Drive, Kingstown, Carlisle, CA62
£87503/240.96 miGarrett Way, Carlisle3
£87503/240.96 miGarrett Way, Carlisle3
£85009/241.02 mi-3
£60004/241.08 miKingstown Road, Carlisle2
£69504/241.13 miMonterey House, California Road, Carlisle2
£1,40004/241.36 miKnells Farm, The Knells, CA65
£1,20003/241.37 miOakbank, Houghton, Carlisle, CA34
£75005/241.37 miThe Green, Houghton, Carlisle2
£85003/241.44 miKingstown Road, Carlisle, CA33
£75003/241.49 miBriar Bank, CA33
£79505/241.53 miGreymoor Way, Carlisle, CA32
£1,10003/241.63 miAbbotsford Drive, Carlisle4
£1,10004/241.63 miAbbotsford Drive, Carlisle4
£65003/241.64 miTribune Drive, Houghton, CA32
£85005/241.68 miTribune Drive, Houghton3
£60003/241.7 miGosling Drive, Carlisle, CA33
£85003/241.72 miAntonine Way, Houghton3
£99504/241.8 miHadrians Way, Houghton, CA33
£80003/241.88 miCargo, Carlisle, Cumbria, CA63
£62503/241.89 miGreenwood Court, Carlisle, CA32
£69503/241.9 miThe Green, Briar Bank, Carlisle3
£75004/242.04 mi-2
£75010/242.04 mi-2
£72503/242.06 miWalden Grove, Carlisle, Cumbria, CA32
£60004/242.07 miCaldew Close, Carlisle, CA31
£43304/242.14 miBlencarn Park, Rockcliffe, Carlisle, CA64AH1
£72505/242.14 miEdentown Court, Eden Street, Stanwix2
£62503/242.17 miSt. Pierre Avenue, Etterby, Carlisle2
£57503/242.17 miBelfry Close, Carlisle, CA32
£45003/242.21 miBalmoral Court, Carlisle, Cumbria, CA32
£50005/242.22 mi22 Sunningdale Close, Etterby Park, Carlisle1
£72504/242.24 mi20 St. Augusta View, CA33
£43504/242.25 miSunningdale Gardens, Carlisle1
£97505/242.26 miAustin Court, Etterby Road, Carlisle3
£62503/242.3 miFulford walk, Carlisle, CA32
£62504/242.3 miFulford walk, Carlisle, CA32
£62504/242.3 miFulford walk, Carlisle, CA32
£89504/232.35 mi-3
£79503/242.36 miCheviott Road, Stanwix3
£99505/242.38 miCroft Road, Carlisle3
£75005/242.42 mi-2

Local Area Statistics

Population in CA6

8,842

Population in Carlisle

103,015

Town centre distance

2.69 miles away

Nearest school

1 miles away

Nearest train station

3.42 miles away

 

 

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £450,000

January 30, 2025

Floor Plans

Description

  • Private Setting +
  • Period Features +
  • Generous Living Spaces +
  • Stunning Views Over to the Langholm Hills +
  • Extensive South Facing Gardens +

Accommodation in Brief
Ground Floor
Porch | Entrance Hall | Dining Room | Living Room | Kitchen | Utility Room | Sitting Room | WC | Bathroom | Double Bedroom First Floor
Three Double Bedrooms | Bathroom | Two Storage Cupboards The Property
Situated in the hamlet of Harker, on the outskirts of Carlisle, Old Swinford is a charming 1930s detached dormer bungalow with a unique history. The house was built with the winnings from a horse race bet and proudly bears the victorious horse's name. A wooden gate opens to a sweeping driveway, creating an impressive entrance with ample off-road parking. Inside, the living areas have been thoughtfully renovated to preserve the original 1930s charm, showcasing high ceilings, striking fireplaces, solid wooden lintels, and classic paneling. The entrance hallway winds through the ground floor, leading to the expansive reception areas that feature two separate sitting rooms. Additionally, there is a generously sized double bedroom and a bathroom showcasing an original pink suite. The largest sitting room is bathed in natural light from a large bay window and has elegant window seating from which to enjoy the views of the beautiful landscaped front garden. The room also features an inglenook fireplace with a multi-fuel burner. The second sitting room is a versatile space that could easily be converted into a designated home office or fifth bedroom. The kitchen, with its classic design, is well-equipped with wooden cabinetry and integrated appliances, including a dishwasher, Neff double oven, and gas hob. A separate pantry provides additional storage. Whilst there is space for a table and chairs here, the grand dining room with striking oak flooring offers a more formal setting for dining and entertaining. A utility room includes plumbing for a washing machine, a traditional Belfast sink, and allows direct access to an additional storeroom, the double garage, and out into the garden. On the first floor, you'll find convenient storage cupboards on the landing and three generously sized double bedrooms with charming eaves features, each benefiting from built-in storage cupboards. A family bathroom serves these rooms, featuring an over-bath shower and stunning views of the Langholm Hills. The property offers excellent potential for expansion, with the possibility of extending over the garage and the opportunity to install an en-suite in the downstairs bedroom. Additionally, there is outline planning permission for a new 4-bedroom dwelling at the front of the property. Reference: 24/0163 | Erection Of 1no. Dwelling | Land adjacent Old Swinford, Harker, Carlisle, CA6 4DS Externally
A standout feature of the property is the superb, well-stocked south-facing garden, which boasts an expansive lawn and an array of well-stocked flower beds, mature herbaceous borders, and a variety of large trees and shrubs. To the side, a horticultural paradise awaits with raised vegetable gardens, fruit bush cages and a delightful assortment of fruit trees, including plum, cherry, damson, and apple. A greenhouse shelters a thriving grapevine, and a garden shed provides convenient storage and workspace equipped with power. To the rear, a north-facing lawn is bordered by beautifully landscaped walls and showcases a large central bird bath. A serene west-facing arbour provides the perfect spot to relax and enjoy the evening sun. Local Information
Old Swinford is in the north of Carlisle with excellent access to the M6, Scotland, the Solway Coast, the Lake District National Park and only a couple of miles from Hadrian’s Wall. The surrounding countryside offers excellent walks and outdoor opportunities. Carlisle is within easy reach and offers a comprehensive range of social, leisure, retail and cultural opportunities with an attractive pedestrian area and an impressive cathedral and castle. For schooling, there are several primary and secondary schools all within easy reach, whilst private schooling is offered at Austin Friars School in Carlisle. The property is well positioned for public transport, access to surrounding villages and the M6 for onward travel north and south, while the A69 provides easy access to Newcastle in the east. There is a rail station in Carlisle providing excellent main line services to major UK cities north and south. Approximate Mileages
Carlisle City Centre 3.7 miles | Gretna Green 7.1 miles | Keswick 34.2 miles | Newcastle International Airport 56.6 miles Services
Mains electricity, and water. Drainage to a septic tank. Gas central heating. Tenure
Freehold Wayleaves, Easements & Rights of Way
The property is being sold subject to all existing wayleaves, easements and rights of way, whether or not specified within the sales particulars. Agents Note to Purchasers
We strive to ensure all property details are accurate, however, they are not to be relied upon as statements of representation or fact and do not constitute or form part of an offer or any contract. All measurements and floor plans have been prepared as a guide only. All services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. Please be advised that some information may be awaiting vendor approval. Submitting an Offer
Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. To comply with Money Laundering Regulations, we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed. Disclaimer
The information displayed about this property comprises a property advertisement. Finest Properties strives to ensure all details are accurate; however, they do not constitute property particulars and should not be relied upon as statements of fact or representation. All information is provided and maintained by Finest Properties.

EPC Rating: D

Agent Details

Finest Properties, Penrith

01431 926500

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