2 Bed Terraced House, Single Let, Carlisle, CA2 4EW, £76,000

Gloucester Road, Currock, Carlisle, CA2 4EW - 1 views - 2 months ago

BTL
ROI: 8%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£48.5K - £130K
Sold Prices/m²£735/m² - £1.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£78,260

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£22,600

 

 

Cash Out

 

Rent Range

£500 - £995

Rent Estimate

£530

Running Costs/mo

£364

Cashflow/mo

£167

Cashflow/yr

£1,998

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £48.5K to £130K, average is £85K. £735/m² to £1.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£63K06/210 mi51, Gloucester Road, Carlisle, Cumbria CA2 4EW2
£72.5K04/230.02 mi28, Harrison Street, Carlisle, Cumberland CA2 4EP2
£85K07/210.02 mi18, Harrison Street, Carlisle, Cumbria CA2 4EP2
£57.5K04/210.02 mi38, Harrison Street, Carlisle, Cumbria CA2 4EP2
£90K11/200.05 mi25, Esther Street, Carlisle, Cumbria CA2 4HA2
£80K11/210.05 mi25, Esther Street, Carlisle, Cumbria CA2 4HA2
£95K06/230.05 mi35, Esther Street, Carlisle, Cumberland CA2 4HA2
£110K11/200.05 mi28, Esther Street, Carlisle, Cumbria CA2 4HA2
£85K01/230.05 mi2, Regent Street, Carlisle, Cumbria CA2 4HD2
£85K05/230.07 mi80, Harrison Street, Carlisle, Cumberland CA2 4ER2
£75.5K02/230.07 mi5, Robinson Street, Carlisle, Cumbria CA2 4ES2
£100K03/210.08 mi34, Clementina Terrace, Carlisle, Cumbria CA2 4EN2
£116K02/230.12 mi7, Arthur Street, Carlisle, Cumbria CA2 4AN2
£56K04/210.16 mi13, Boundary Road, Carlisle, Cumbria CA2 4HH2
£85K05/230.17 mi3, Hasell Street, Carlisle, Cumberland CA2 4HB2
£130K09/210.19 mi32, Grasmere Street, Carlisle, Cumbria CA2 4AR2
£125K04/230.28 mi88, Boundary Road, Carlisle, Cumberland CA2 4HT2
£115K07/210.28 mi88, Boundary Road, Carlisle, Cumbria CA2 4HT2
£125K07/230.29 mi21, Red Bank Terrace, Carlisle, Cumberland CA2 4BD2
£128.3K11/200.29 mi48, Currock Road, Carlisle, Cumbria CA2 4BJ2
£68K04/210.3 mi2, David Street, Carlisle, Cumbria CA1 2LR2
£83K04/210.33 mi9, Coney Street, Carlisle, Cumbria CA2 4BQ2
£71K03/230.33 mi10, Coney Street, Carlisle, Cumberland CA2 4BQ2
£89K06/230.33 mi9, Coney Street, Carlisle, Cumberland CA2 4BQ2
£71K06/210.34 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£71K06/210.34 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£74.3K04/210.34 mi21, Alexander Street, Carlisle, Cumbria CA1 2LH2
£95K04/230.34 mi31, Alexander Street, Carlisle, Cumberland CA1 2LH2
£70K06/230.34 mi8, Orchard Street, Carlisle, Cumberland CA1 2JL2
£85K03/230.34 mi26, Thomson Street, Carlisle, Cumbria CA1 2LW2
£75K11/210.34 mi14, Thomson Street, Carlisle, Cumbria CA1 2LW2
£81.5K10/210.34 mi59, Thomson Street, Carlisle, Cumbria CA1 2LW2
£95K04/230.34 mi64, Thomson Street, Carlisle, Cumberland CA1 2LW2
£60K10/210.34 mi42, Oswald Street, Carlisle, Cumbria CA1 2LU2
£88K08/210.34 mi1, Maitland Street, Carlisle, Cumbria CA2 4ED2
£70K03/230.35 mi34, Lindisfarne Street, Carlisle, Cumberland CA1 2ND2
£88.5K03/230.35 mi50, Lindisfarne Street, Carlisle, Cumbria CA1 2ND2
£88K03/230.37 mi37, Flower Street, Carlisle, Cumberland CA1 2JN2
£75K02/230.37 mi49, Flower Street, Carlisle, Cumbria CA1 2JN2
£83K05/210.4 mi53, Alexander Street, Carlisle, Cumbria CA1 2LJ2
£75K08/210.41 mi67, Thomson Street, Carlisle, Cumbria CA1 2LP2
£75K11/200.41 mi72, Thomson Street, Carlisle, Cumbria CA1 2LP2
£87K05/210.41 mi5, Upperby Way, Carlisle, Cumbria CA2 4GJ2
£92.5K03/230.42 mi13, Lediard Avenue, Carlisle, Cumberland CA2 4BP2
£88.5K10/200.42 mi20, Edward Street, Carlisle, Cumbria CA1 2JE2
£100K07/230.45 mi15, South Street, Carlisle, Cumberland CA1 2EW2
£123K03/230.45 mi11, Herbert Street, Carlisle, Cumberland CA1 2QE2
£72K01/210.46 mi17, Delagoa Street, Carlisle, Cumbria CA1 2LZ2
£85K03/210.46 mi15, Delagoa Street, Carlisle, Cumbria CA1 2LZ2
£48.5K01/230.46 mi24, Linton Street, Carlisle, Cumbria CA1 2LY2

Local Rents

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

RentDateDistanceAddressBeds 
£67508/240.03 mi-2
£50002/230.03 mi-2
£52512/240.03 mi-2
£59505/240.06 mi-2
£67503/240.17 miHasell Street, Carlisle2
£69504/240.23 miThirlmere Street, Carlisle2
£72505/240.27 miMayson Street, Carlisle, CA22
£72505/240.27 mi-2
£52504/240.27 miMontreal Street, Currock2
£65004/240.29 mi-2
£65004/240.29 miMontreal Street, Carlisle2
£65004/240.29 miMontreal Street, Carlisle2
£65004/240.29 miMontreal Street, Carlisle2
£79511/240.29 mi-2
£51002/240.34 mi-2
£53001/250.34 mi-2
£65005/240.34 miAlexander Street, Carlisle, CA12
£65003/240.38 miLindisfarne Street, Carlisle, Cumbria, CA12
£62503/240.41 miThomson Street2
£62503/240.41 miBlackwell Road, Carlisle2
£62504/240.41 miBlackwell Road, Carlisle2
£85003/240.42 miHazel Grove, Harraby Green, Carlisle2
£67509/240.42 mi-2
£67509/240.42 mi-2
£67509/240.42 mi-2
£60003/240.44 miLindisfarne Court, Carlisle, CA12
£99503/250.47 mi-2
£62504/240.47 miSybil Street, Carlisle, CA12
£67504/240.49 miSybil Street, Carlisle, CA12
£52505/240.51 mi84 Charles Street, Carlisle2
£62503/240.53 miBlackwell Road, Carlisle2
£69503/240.53 miChertsey Grove, off London Road, Carlisle2
£60004/240.54 miGreystone Road, Carlisle, CA12
£55003/240.55 miGarfield Street, Carlisle, Cumbria, CA22
£62505/240.55 miHope Street, Denton Holme, Carlisle2
£62512/240.55 miHope Street, Denton Holme, Carlisle2
£62506/240.6 mi-2
£62505/240.6 miRaven Street, Carlisle, CA12
£62505/240.6 miRaven Street, Carlisle, CA12
£65003/240.6 miCaldew Maltings, Denton Holme, Carlisle2
£60003/240.61 mi8 East Norfolk Street, CA22
£57003/240.62 miGrange Road, London Road, Carlisle2

Local Area Statistics

Population in CA2

39,646

Population in Carlisle

103,015

Town centre distance

1.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 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 £76,000

March 24, 2025

Listed for £80,000

February 7, 2025

Description

  • Mid-terraced property +
  • Two double bedrooms +
  • Ground floor bathroom +
  • No onward chain +
  • Ideal first time buy or buy to let investment +
  • Close to schools, shops and bus stops +

Situated just off Blackwell Road a two double bedroom, mid-terraced property sold with the benefit of no onward chain. The double glazed and gas central heated accommodation briefly comprises lounge with feature fireplace, fitted kitchen, inner hall and ground floor bathroom. To the first floor there are two double bedrooms with fitted storage to the master. Front forecourt and enclosed rear yard with brick-built outhouse. Located in a popular residential area close to an abundance of amenities including shops, schools and bus stops. Ideally suited to the first time buyer or buy to let investment market. The accommodation with approximate measurements briefly comprises: UPVC front door into the lounge.

Agent Details

Cumbrian Properties, Carlisle

01228 276406

Next Steps?

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