2 Bed Terraced House, Motivated Seller, Workington, CA14 3TZ, £71,000





ValuationUndervalued
Sold Prices | £40K - £140K |
Sold Prices/m² | £449/m² - £1.9K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1K/m² |
Value Estimate | £73,130£73,130 |
BMV | 3% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £17,750£17,750 |
Stamp Duty & Legal Fees | £3,330£3,330 |
Total Cash In | £21,080£21,080 |
| |
Cash Out | |
Rent Range | £470 - £750£470 - £750 |
Rent Estimate | £509 |
Running Costs/mo | £344£344 |
Cashflow/mo | £165£165 |
Cashflow/yr | £1,984£1,984 |
ROI | 9%9% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £40K to £140K, average is £80.5K. £449/m² to £1.9K/m², average is £1.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£65K | 05/23 | 0.02 mi | 253, Moss Bay Road, Workington, Cumberland CA14 3TG | - | - | 2 | Terraced House | |
£99K | 01/23 | 0.03 mi | 17, Cranbourne Street, Workington, Cumbria CA14 3TZ | £1,375 | 72 | 2 | Semi-Detached House | |
£73K | 01/23 | 0.03 mi | 8, Northcote Street, Workington, Cumbria CA14 3TY | £702 | 104 | 2 | Terraced House | |
£60K | 09/21 | 0.05 mi | 9, Salisbury Street, Workington, Cumbria CA14 3TS | £870 | 69 | 2 | Terraced House | |
£40K | 03/21 | 0.08 mi | 2, Beach Street, Workington, Cumbria CA14 3TP | £603 | 66 | 2 | Terraced House | |
£73.5K | 12/22 | 0.08 mi | 280, Moss Bay Road, Workington, Cumbria CA14 3TH | £799 | 92 | 2 | Terraced House | |
£77.5K | 03/23 | 0.09 mi | 219, Moss Bay Road, Workington, Cumberland CA14 3TF | - | - | 2 | Terraced House | |
£80K | 12/20 | 0.16 mi | 39, Westfield Drive, Workington, Cumbria CA14 5AX | £1,231 | 65 | 2 | Semi-Detached House | |
£59K | 08/21 | 0.29 mi | 4, Windsor Road, Workington, Cumbria CA14 5BG | £711 | 83 | 2 | Semi-Detached House | |
£80K | 10/21 | 0.34 mi | 36, Needham Drive, Workington, Cumbria CA14 3SD | £1,176 | 68 | 2 | Terraced House | |
£97K | 08/21 | 0.4 mi | 2, Shore Terrace, Salterbeck, Workington, Cumbria CA14 5HJ | £1,492 | 65 | 2 | Semi-Detached House | |
£88K | 05/21 | 0.41 mi | 16, Beverley Close, Workington, Cumbria CA14 3PW | £1,375 | 64 | 2 | Semi-Detached House | |
£87.5K | 04/23 | 0.45 mi | 17, Edinburgh Avenue, Workington, Cumberland CA14 3NY | £1,296 | 68 | 2 | Terraced House | |
£89K | 06/21 | 0.48 mi | 40, Elterwater Avenue, Workington, Cumbria CA14 3JZ | £1,060 | 84 | 2 | Semi-Detached House | |
£71K | 02/23 | 0.49 mi | 205, Harrington Road, Workington, Cumbria CA14 3XD | £1,187 | 60 | 2 | Terraced House | |
£80K | 06/23 | 0.49 mi | 209, Harrington Road, Workington, Cumberland CA14 3XD | £1,333 | 60 | 2 | Terraced House | |
£140K | 01/23 | 0.5 mi | 27, Elterwater Avenue, Workington, Cumbria CA14 3JZ | £1,818 | 77 | 2 | Semi-Detached House | |
£80K | 06/21 | 0.55 mi | 8, Islay Place, Workington, Cumbria CA14 3XB | £959 | 83 | 2 | Terraced House | |
£137K | 09/21 | 0.56 mi | 86, Newlands Lane South, Workington, Cumbria CA14 3NJ | - | - | 2 | Semi-Detached House | |
£135K | 05/21 | 0.56 mi | 100, Newlands Lane South, Workington, Cumbria CA14 3NJ | £1,788 | 76 | 2 | Semi-Detached House | |
£94K | 05/21 | 0.57 mi | 4, Frostoms Road, Workington, Cumbria CA14 3UP | £1,106 | 85 | 2 | Terraced House | |
£95.5K | 05/21 | 0.57 mi | 6, Frostoms Road, Workington, Cumbria CA14 3UP | - | - | 2 | Terraced House | |
£85K | 09/21 | 0.58 mi | 95, Newlands Gardens, Workington, Cumbria CA14 3PE | £1,076 | 79 | 2 | Terraced House | |
£81K | 09/21 | 0.59 mi | 67, Frostoms Road, Workington, Cumbria CA14 3UR | £1,000 | 81 | 2 | Terraced House | |
£135.5K | 03/23 | 0.59 mi | 24, Frostoms Road, Workington, Cumbria CA14 3UR | £1,448 | 94 | 2 | Terraced House | |
£75K | 03/21 | 0.64 mi | 1, Pilgrim Street, Workington, Cumbria CA14 2RA | £1,071 | 70 | 2 | Terraced House | |
£83K | 04/21 | 0.64 mi | 7, Pilgrim Street, Workington, Cumbria CA14 2RA | £1,078 | 77 | 2 | Terraced House | |
£77K | 12/20 | 0.65 mi | 69, Victoria Road, Workington, Cumbria CA14 2QU | £885 | 87 | 2 | Terraced House | |
£86K | 02/21 | 0.65 mi | 110, Victoria Road, Workington, Cumbria CA14 2QU | £1,162 | 74 | 2 | Terraced House | |
£73K | 12/22 | 0.65 mi | 162, Newlands Gardens, Workington, Cumbria CA14 3PE | £936 | 78 | 2 | Terraced House | |
£71K | 06/23 | 0.65 mi | 168, Newlands Gardens, Workington, Cumberland CA14 3PE | - | - | 2 | Terraced House | |
£60K | 07/21 | 0.66 mi | 14, Victoria Road, Workington, Cumbria CA14 2QT | £769 | 78 | 2 | Terraced House | |
£90K | 09/21 | 0.66 mi | 21, Victoria Road, Workington, Cumbria CA14 2QT | £1,154 | 78 | 2 | Terraced House | |
£80K | 07/23 | 0.66 mi | 29, Victoria Road, Workington, Cumberland CA14 2QT | £1,893 | 42 | 2 | Terraced House | |
£75K | 12/22 | 0.67 mi | 34, Victoria Road, Workington, Cumbria CA14 2QT | £938 | 80 | 2 | Terraced House | |
£78K | 11/20 | 0.67 mi | 6, Cumberland Street, Workington, Cumbria CA14 2SP | £1,099 | 71 | 2 | Terraced House | |
£40K | 06/21 | 0.68 mi | 17, Cumberland Street, Workington, Cumbria CA14 2QP | £449 | 89 | 2 | Terraced House | |
£80K | 01/23 | 0.68 mi | 29, Cumberland Street, Workington, Cumbria CA14 2QP | £1,053 | 76 | 2 | Terraced House | |
£80K | 11/20 | 0.68 mi | 22, Cumberland Street, Workington, Cumbria CA14 2QP | £1,026 | 78 | 2 | Terraced House | |
£93K | 04/21 | 0.68 mi | 72, Cumberland Street, Workington, Cumbria CA14 2QP | £1,094 | 85 | 2 | Terraced House | |
£100K | 06/23 | 0.68 mi | 80, Cumberland Street, Workington, Cumberland CA14 2QP | £1,190 | 84 | 2 | Terraced House | |
£68K | 02/23 | 0.69 mi | 90, Bolton Street, Workington, Cumbria CA14 2SW | - | - | 2 | Terraced House | |
£102K | 04/21 | 0.69 mi | 6, Crosthwaite Court, Workington, Cumbria CA14 3SQ | £1,133 | 90 | 2 | Semi-Detached House | |
£82K | 12/22 | 0.69 mi | 95, Bolton Street, Workington, Cumbria CA14 2SW | £788 | 104 | 2 | Terraced House | |
£94K | 06/23 | 0.7 mi | 3, Pearson Street, Workington, Cumberland CA14 2QR | £959 | 98 | 2 | Terraced House | |
£83K | 03/23 | 0.7 mi | 25, Pearson Street, Workington, Cumberland CA14 2QR | £1,051 | 79 | 2 | Terraced House | |
£58.5K | 11/21 | 0.71 mi | 32, Coronation Drive, Salterbeck, Workington, Cumbria CA14 5LS | £741 | 79 | 2 | Semi-Detached House | |
£100K | 04/21 | 0.72 mi | 3, Infirmary Road, Workington, Cumbria CA14 2UG | £1,250 | 80 | 2 | Terraced House | |
£91.5K | 06/21 | 0.75 mi | 8, Albert Street, Workington, Cumbria CA14 2QH | £1,064 | 86 | 2 | Terraced House | |
£91.5K | 10/21 | 0.76 mi | 19, Vulcans Lane, Workington, Cumbria CA14 2NU | £1,040 | 88 | 2 | Terraced House |
Local Rents
34 rents from £470/mo to £750/mo, average is £575/mo.
Rent | Date | Distance | Address | Beds | Type | |
£550 | 10/23 | 0.12 mi | - | 2 | Terraced House | |
£560 | 03/24 | 0.14 mi | Moss Bay Road, Workington, CA14 | 2 | Terraced House | |
£575 | 03/24 | 0.25 mi | Moss Bay Road, Workington, CA14 | 2 | Terraced House | |
£575 | 03/24 | 0.25 mi | Moss Bay Road, Workington, CA14 | 2 | Terraced House | |
£625 | 05/24 | 0.41 mi | Needham Drive, Workington, CA14 | 2 | Semi-Detached House | |
£550 | 03/24 | 0.56 mi | Islay Place, Workington, CA14 | 2 | Terraced House | |
£650 | 10/24 | 0.59 mi | - | 2 | Terraced House | |
£625 | 05/24 | 0.59 mi | Frostoms Road, Workington | 2 | Terraced House | |
£610 | 03/24 | 0.67 mi | Victoria Road, Workington, CA14 | 2 | Terraced House | |
£750 | 03/25 | 0.68 mi | - | 2 | Terraced House | |
£695 | 03/25 | 0.68 mi | - | 2 | Flat | |
£550 | 03/24 | 0.69 mi | Bolton Street, Workington, Cumbria, CA14 2SW | 2 | Terraced House | |
£575 | 03/24 | 0.69 mi | Bolton Street, Workington | 2 | Terraced House | |
£575 | 11/23 | 0.75 mi | - | 2 | Terraced House | |
£625 | 11/24 | 0.75 mi | - | 2 | Terraced House | |
£525 | 02/24 | 0.76 mi | - | 2 | Semi-Detached House | |
£600 | 04/24 | 0.87 mi | Ashton Street, Workington | 2 | Terraced House | |
£570 | 03/24 | 0.88 mi | Gray Street, Workington | 2 | Terraced House | |
£650 | 03/25 | 0.89 mi | - | 2 | Terraced House | |
£595 | 03/24 | 0.91 mi | Hunter Street, Workington | 2 | Terraced House | |
£750 | 09/24 | 0.92 mi | - | 2 | Terraced House | |
£565 | 04/24 | 0.94 mi | Gladstone Street, Workington | 2 | Semi-Detached House | |
£470 | 02/24 | 0.95 mi | - | 2 | Terraced House | |
£550 | 03/24 | 0.96 mi | Lonsdale Street, Workington, CA14 | 2 | Terraced House | |
£595 | 03/24 | 0.96 mi | - | 2 | Flat | |
£595 | 03/24 | 0.96 mi | Primrose Crescent, Harrington, Workington, CA14 | 2 | Flat | |
£525 | 04/24 | 0.97 mi | - | 2 | Terraced House | |
£625 | 02/24 | 1.01 mi | - | 2 | Terraced House | |
£695 | 03/25 | 1.01 mi | - | 2 | Terraced House | |
£575 | 05/24 | 1.08 mi | - | 2 | Terraced House | |
£575 | 04/24 | 1.08 mi | Burnside, Harrington, Workington, CA14 | 2 | Terraced House | |
£500 | 10/24 | 1.13 mi | - | 2 | Terraced House | |
£525 | 11/23 | 1.23 mi | - | 2 | Terraced House | |
£595 | 03/24 | 1.23 mi | Thorncroft Gardens, Workington | 2 | Flat |
Local Area Statistics
Population in CA14 | 35,82635,826 |
Population in Workington | 35,83035,830 |
Town centre distance | 0.88 miles away0.88 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.04 miles away1.04 miles away |
| |
Rental growth (12m) | -1%-1% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +4%+4% |
Property History
Listed for £71,000
February 19, 2025
Floor Plans

Description
- Council Tax Band A, Freehold, +
- Ideal Starter Home +
- Well Presented Throughout +
- Spacious Living Room +
- Modern Fitted Kitchen +
- Two Double Bedrooms +
- Family Bathroom +
- Rear Yard +
- Easy Access to the Centre of Workington +
- Viewing Advised +
This ideal starter home is immaculate inside with a range of stylish modern touches. Situated close to the centre of Workington, early viewing is advised.
This mid terrace home is located in Workington with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.
The accommodation briefly comprises a welcoming entrance way, a spacious living room and a fitted kitchen.
To the first floor is an inviting landing area through to two well-proportioned bedrooms and a three-piece bathroom
Externally, the property benefits from an L Shaped rear yard with a brick built shed
This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.
Premium Fast Sale
The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.
Benefits
o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team
Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.
All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.
Deposit
Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Exclusivity
Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.
Process
Our Premium Fast Sale Plus follows the below process:
STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete
Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.
If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.
Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Please call us now to book an appointment.
We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.
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