2 Bed Terraced House, Single Let, Carlisle, CA1 2ET, £70,000

70 Charles Street, Carlisle, Cumbria, CA1 2ET - 2 months ago

Sold STC
BTL
ROI: 9%
~57 m²
+4 photos

ValuationOvervalued

Sold Prices£48.5K - £175K
Sold Prices/m²£735/m² - £1.9K/m²

 

 

Square Metres

~57.32 m²
Price/m²£1.2K/m²

Value Estimate

£62,786

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£500 - £995

Rent Estimate

£508

Running Costs/mo

£340

Cashflow/mo

£168

Cashflow/yr

£2,012

ROI

9%

Gross Yield

9%

Local Sold Prices

50 sold prices from £48.5K to £175K, average is £88K. £735/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£97.5K04/230.05 mi8, Close Street, Carlisle, Cumberland CA1 2HB2
£71K03/210.05 mi38, Close Street, Carlisle, Cumbria CA1 2HB2
£95K11/220.05 mi17, South Street, Carlisle, Cumbria CA1 2EW2
£81.5K05/230.05 mi10, Fusehill Street, Carlisle, Cumberland CA1 2ES2
£61K11/200.05 mi7, Fusehill Street, Carlisle, Cumbria CA1 2ES2
£111K08/230.05 mi13, Bowman Street, Carlisle, Cumberland CA1 2HD2
£100K07/230.08 mi15, South Street, Carlisle, Cumberland CA1 2EW2
£110K07/230.09 mi40, Rydal Street, Carlisle, Cumberland CA1 1SQ2
£88.5K10/200.09 mi20, Edward Street, Carlisle, Cumbria CA1 2JE2
£100K03/210.12 mi13, Broad Street, Carlisle, Cumbria CA1 2AG2
£100K03/210.12 mi31, Broad Street, Carlisle, Cumbria CA1 2AG2
£95K03/210.13 mi60, Cecil Street, Carlisle, Cumbria CA1 1NX2
£102K11/200.14 mi53, Bowman Street, Carlisle, Cumbria CA1 2HR2
£105K04/230.14 mi37, Bowman Street, Carlisle, Cumberland CA1 2HR2
£85K12/200.14 mi35, Bowman Street, Carlisle, Cumbria CA1 2HR2
£88K03/230.16 mi37, Flower Street, Carlisle, Cumberland CA1 2JN2
£175K06/230.16 mi23, Hart Street, Carlisle, Cumberland CA1 2BP2
£75K02/230.16 mi49, Flower Street, Carlisle, Cumbria CA1 2JN2
£72.5K02/210.16 mi24, Tait Street, Carlisle, Cumbria CA1 1RX2
£68K02/230.17 mi14, Tait Street, Carlisle, Cumbria CA1 1RX2
£70K06/230.2 mi8, Orchard Street, Carlisle, Cumberland CA1 2JL2
£48.5K01/230.23 mi24, Linton Street, Carlisle, Cumbria CA1 2LY2
£71K06/210.23 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£71K06/210.23 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£74.3K04/210.23 mi21, Alexander Street, Carlisle, Cumbria CA1 2LH2
£95K04/230.23 mi31, Alexander Street, Carlisle, Cumberland CA1 2LH2
£83K05/210.23 mi53, Alexander Street, Carlisle, Cumbria CA1 2LJ2
£96K06/230.23 mi29, Vasey Crescent, Carlisle, Cumberland CA1 2BG2
£73.1K11/200.23 mi2, Melrose Terrace, Carlisle, Cumbria CA1 2DP2
£75K08/210.25 mi67, Thomson Street, Carlisle, Cumbria CA1 2LP2
£75K11/200.25 mi72, Thomson Street, Carlisle, Cumbria CA1 2LP2
£72K07/210.25 mi31, Sybil Street, Carlisle, Cumbria CA1 2DT2
£85K03/230.25 mi26, Thomson Street, Carlisle, Cumbria CA1 2LW2
£75K11/210.25 mi14, Thomson Street, Carlisle, Cumbria CA1 2LW2
£81.5K10/210.25 mi59, Thomson Street, Carlisle, Cumbria CA1 2LW2
£95K04/230.25 mi64, Thomson Street, Carlisle, Cumberland CA1 2LW2
£86.5K09/210.26 mi84, Sybil Street, Carlisle, Cumbria CA1 2DS2
£97.8K05/230.26 mi84, Sybil Street, Carlisle, Cumberland CA1 2DS2
£108K07/230.26 mi42, Sybil Street, Carlisle, Cumberland CA1 2DS2
£120K11/210.26 mi47, Greystone Road, Carlisle, Cumbria CA1 2DG2
£125K08/230.26 mi101, Greystone Road, Carlisle, Cumberland CA1 2DG2
£68K04/210.26 mi2, David Street, Carlisle, Cumbria CA1 2LR2
£60K10/210.27 mi42, Oswald Street, Carlisle, Cumbria CA1 2LU2
£109.2K10/210.28 mi16, Margery Street, Carlisle, Cumbria CA1 2BE2
£88K03/230.28 mi34, Margery Street, Carlisle, Cumberland CA1 2BE2
£97K11/200.29 mi22, Melbourne Road, Carlisle, Cumbria CA1 2DW2
£110K12/220.29 mi46, Melbourne Road, Carlisle, Cumbria CA1 2DW2
£88.5K03/230.3 mi50, Lindisfarne Street, Carlisle, Cumbria CA1 2ND2
£70K03/230.3 mi34, Lindisfarne Street, Carlisle, Cumberland CA1 2ND2
£90K11/200.3 mi16, Grace Street, Carlisle, Cumbria CA1 2AZ2

Local Rents

35 rents from £500/mo to £995/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£52505/240 mi84 Charles Street, Carlisle2
£99503/250.05 mi-2
£75003/240.21 miHanson Place, Warwick Square, Carlisle2
£59004/240.21 miAglionby Street, Carlisle2
£60004/240.22 miGreystone Road, Carlisle, CA12
£65005/240.23 miAlexander Street, Carlisle, CA12
£62503/240.24 miThomson Street2
£62504/240.26 miSybil Street, Carlisle, CA12
£67509/240.26 mi-2
£67509/240.26 mi-2
£67509/240.26 mi-2
£62506/240.26 mi-2
£62505/240.26 miRaven Street, Carlisle, CA12
£62505/240.26 miRaven Street, Carlisle, CA12
£65003/240.27 mi114, Warwick Road, Carlisle2
£67504/240.27 miSybil Street, Carlisle, CA12
£79511/240.3 mi-2
£65003/240.31 miLindisfarne Street, Carlisle, Cumbria, CA12
£60003/240.31 miLindisfarne Court, Carlisle, CA12
£51002/240.31 mi-2
£53001/250.31 mi-2
£60003/240.32 miRed Gables, Carlisle, CA12
£52003/240.32 miSpencer House, St Pauls Square, Carlisle2
£65004/240.32 miFlat 6, Red Gables, CA12
£65005/240.33 miSpencer House, St Pauls Square, Carlisle2
£65005/240.33 miSpencer House, St Pauls Square, Carlisle2
£67508/240.52 mi-2
£59505/240.52 mi-2
£50002/230.53 mi-2
£52512/240.53 mi-2
£57504/240.59 miScotch Street, Carlisle2
£57504/240.59 miThirlwell Gardens, Carlisle, CA12
£65004/240.59 miSheffield Street, Carlisle2
£65004/240.59 miSheffield Street, Carlisle2
£55003/240.6 miGarfield Street, Carlisle, Cumbria, CA22

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

0.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £70,000

January 31, 2025

Floor Plans

Description

  • Two double bedroom terraced house +
  • Living room and dining kitchen +
  • Ground floor bathroom +
  • Sharded rear yard Popular side street close to city +
  • Situated close to the Fusehill Street campus +
  • Ideal first-time buyer or buy to let property +

Delightful terraced house with two double bedrooms, a living room, dining kitchen, and ground floor bathroom. Located on a popular side street near Fusehill Street campus. Features a shared rear yard. Perfect for first-time buyers or buy-to-let investment.

A two double bedroom terraced house located on a popular side street close to the city centre. The property features a living room and a dining kitchen. A ground floor bathroom adds convenience, while the shared rear yard offers outdoor space for relaxation. Situated in close proximity to the Fusehill Street campus, this home is ideal for first-time buyers or as a buy-to-let investment. With easy access to local amenities and transport links, a fantastic opportunity to own a property in a desirable location.

Directions
Access from Fusehill Street or turn off London Road along Close Street, turn left on Edward Street and first right onto Charles Street.

Services
Mains electricity, water, gas and drainage. Fibre Broadband available in the area. Please note - the mention of any appliances and/or services within these particulars does not imply that they are in full and efficient working order.

Agent Details

H&H Land & Estates, Carlisle

01228 276977

Next Steps?

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