3 Bed Terraced House, Refurb/BRRR, Carlisle, CA2 7HE, £95,000

Orton Road, Carlisle, CA2 7HE - 5 views - 2 months ago

BTL
Refurb/BRRR
ROI: 3%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£46K - £242K
Sold Prices/m²£648/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£100,000

 

 

End Value (After Refurb)

£157,818

Uplift in Value

+58%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£36,400

Bridging Loan Interest

£2,494

Total Cash In

£68,594

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£157,818

Agent Fees (1%)

£1,578

Bridging Loan

£71,250

Bridging Loan Interest

£2,494

Flip Profit

£16,396

Local Sold Prices

50 sold prices from £46K to £242K, average is £157.5K. £648/m² to £2.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£162.5K01/230.06 mi9, Lytham Close, Carlisle, Cumbria CA2 7HT3
£159.9K10/210.07 mi20, Whinnie House Park, Carlisle, Cumbria CA2 6TE3
£91K03/210.09 mi1, Sheehan Crescent, Carlisle, Cumbria CA2 7HH3
£165K06/210.09 mi56, Yewdale Road, Carlisle, Cumbria CA2 7SS3
£187.5K07/230.09 mi56, Yewdale Road, Carlisle, Cumberland CA2 7SS3
£120K09/210.12 mi33, Richmond Green, Carlisle, Cumbria CA2 6SZ3
£60K03/210.12 mi29, Richmond Green, Carlisle, Cumbria CA2 6SZ3
£92.5K05/210.12 mi63, Richmond Green, Carlisle, Cumbria CA2 6SZ3
£160K11/210.16 mi115, Orton Road, Carlisle, Cumbria CA2 7HD3
£135K07/230.16 mi120, Orton Road, Carlisle, Cumberland CA2 7HD3
£126K12/200.16 mi99, Orton Road, Carlisle, Cumbria CA2 7HD3
£200K01/230.16 mi119, Orton Road, Carlisle, Cumbria CA2 7HD3
£180K04/210.16 mi29, Cherry Brow, Carlisle, Cumbria CA2 6TD3
£128.5K01/210.17 mi36, Parham Drive, Carlisle, Cumbria CA2 7RP3
£115K02/210.17 mi12, Parham Drive, Carlisle, Cumbria CA2 7RP3
£129K09/210.18 mi30, Parham Grove, Carlisle, Cumbria CA2 7RW3
£118K03/210.18 mi17, Egerton Grove, Carlisle, Cumbria CA2 6TF3
£152.5K03/230.18 mi25, Ravenstone Way, Carlisle, Cumberland CA2 7SU3
£112K05/210.2 mi4, Coalfell Avenue, Carlisle, Cumbria CA2 7RS3
£155K01/230.2 mi16, Yewdale Road, Carlisle, Cumbria CA2 7SY3
£110K04/230.2 mi21, Marks Avenue, Carlisle, Cumberland CA2 7HS3
£124K06/210.22 mi8, Coalfell Avenue, Carlisle, Cumbria CA2 7RX3
£180.2K02/230.25 mi37, Green Lane, Belle Vue, Carlisle, Cumbria CA2 7QD3
£127K05/230.26 mi14, Coalfell Avenue, Carlisle, Cumberland CA2 7RY3
£160K02/230.26 mi16, Coalfell Avenue, Carlisle, Cumbria CA2 7RY3
£200K07/210.26 mi15, Crosshill Drive, Carlisle, Cumbria CA2 6RS3
£200K07/230.26 mi10, Crosshill Drive, Carlisle, Cumberland CA2 6RS3
£173K01/230.26 mi142, Yewdale Road, Carlisle, Cumbria CA2 7SD3
£182K02/210.26 mi12, Avon Close, Carlisle, Cumbria CA2 6RZ3
£180K01/210.27 mi6, Nairn Way, Carlisle, Cumbria CA2 6RU3
£123K12/200.27 mi48, Green Lane, Belle Vue, Carlisle, Cumbria CA2 7QA3
£110K10/210.27 mi224, Whernside, Carlisle, Cumbria CA2 6SU3
£239K04/230.28 mi8, Atholl Grove, Carlisle, Cumberland CA2 6SL3
£164.9K05/210.28 mi46, Rudchester Close, Carlisle, Cumbria CA2 7XL3
£146K06/230.29 mi41, Green Lane, Belle Vue, Carlisle, Cumberland CA2 7QB3
£200K06/230.29 mi43, Green Lane, Belle Vue, Carlisle, Cumberland CA2 7QB3
£124K09/210.29 mi53, Inglewood Crescent, Carlisle, Cumbria CA2 6JL3
£174K11/200.31 mi102, Green Lane, Belle Vue, Carlisle, Cumbria CA2 7PU3
£150K05/210.33 mi52, Inglewood Crescent, Carlisle, Cumbria CA2 6JJ3
£115K11/200.33 mi36, Inglewood Crescent, Carlisle, Cumbria CA2 6JJ3
£105K01/210.33 mi14, Thomlinson Avenue, Carlisle, Cumbria CA2 7BF3
£189.9K04/210.34 mi5, Kaye Close, Carlisle, Cumbria CA2 6RY3
£46K04/230.35 mi20, Raffles Avenue, Carlisle, Cumberland CA2 7EB3
£198K02/230.35 mi13, Suttle Close, Carlisle, Cumbria CA2 6SH3
£242K11/220.36 mi21, Suttle Close, Carlisle, Cumbria CA2 6SH3
£148K06/210.36 mi156, Chesterholm, Carlisle, Cumbria CA2 7XY3
£163K10/210.36 mi164, Chesterholm, Carlisle, Cumbria CA2 7XY3
£168K01/210.36 mi214, Chesterholm, Carlisle, Cumbria CA2 7XY3
£195K04/210.36 mi280, Chesterholm, Carlisle, Cumbria CA2 7XY3
£200K09/210.36 mi210, Chesterholm, Carlisle, Cumbria CA2 7XY3

Local Rents

14 rents from £670/mo to £1.2K/mo, average is £843/mo.

RentDateDistanceAddressBeds 
£1,20005/240.17 miParham Drive, Carlisle3
£75003/240.19 miEgerton Grove, Carlisle3
£75003/240.19 miEgerton Grove, Carlisle3
£75003/240.19 miEgerton Grove, Carlisle3
£83501/240.2 mi-3
£89505/240.2 mi-3
£89502/250.2 mi-3
£85003/250.2 mi-3
£85004/240.4 miWigton Road, Carlisle, CA23
£79504/230.43 mi-3
£67006/230.45 mi-3
£87503/240.48 miLodore Drive, Carlisle3
£95003/240.59 miSanderling Walk, Carlisle, CA23
£70005/240.61 miBrookside, Carlisle, CA23

Local Area Statistics

Population in CA2

39,646

Population in Carlisle

103,015

Town centre distance

1.50 miles away

Nearest school

0.40 miles away

Nearest train station

1.57 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 £95,000

March 20, 2025

Listed for £100,000

February 18, 2025

Description

  • Mid-terraced property +
  • Three bedrooms +
  • Ground floor bathroom +
  • Driveway parking +
  • Generous rear garden +
  • No onward chain +

This three double bedroom, mid-terraced property benefits from a ground floor bathroom, off-street parking and a generous rear garden and would make an ideal first time buy or buy to let investment. The accommodation is double glazed and gas central heated and briefly comprises entrance hall, open plan lounge/dining kitchen with French doors leading to the rear garden and a spacious four piece ground floor bathroom with built-in storage. To the first floor there are three double bedrooms, two with fitted storage. To the front of the property there is a gravelled driveway providing off-street parking and to the rear is a generous lawned garden with patio seating area. The property is in need of some modernisation as reflected in the price. Situated within easy walking distance of local shops and schools, on regular bus routes to the city centre and with good access links to the western bypass. No onward chain. The accommodation with approximate measurements briefly comprises: UPVC front door into entrance hall.

Agent Details

Cumbrian Properties, Carlisle

01228 276406

Next Steps?

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