3 Bed Terraced House, Refurb/BRRR, Carlisle, CA2 5LT, £135,000

Blunt Street, Carlisle, CA2 5LT - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£60K - £235K
Sold Prices/m²£812/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£128,885

 

 

End Value (After Refurb)

£132,375

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Refurb Costs

£36,400

Bridging Loan Interest

£3,544

Total Cash In

£80,694

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£132,375

Mortgage (After Refinance)

£99,281

Mortgage LTV

75%

Cash Left In

£80,694

Equity

£33,094

Rent Range

£525 - £1,150

Rent Estimate

£774

Running Costs/mo

£588

Cashflow/mo

£186

Cashflow/yr

£2,226

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £235K, average is £125K. £812/m² to £2.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£118K06/230 mi3, Blunt Street, Carlisle, Cumberland CA2 5LT3
£130K04/210 mi29, Blunt Street, Carlisle, Cumbria CA2 5LT3
£140K12/210.01 mi25, Freer Street, Carlisle, Cumbria CA2 5JX3
£144K11/210.01 mi3, Freer Street, Carlisle, Cumbria CA2 5JX3
£140K12/200.06 mi197, Denton Street, Carlisle, Cumbria CA2 5JY3
£125K07/230.09 mi38, Cumberland Street, Carlisle, Cumberland CA2 5JH3
£100K08/210.13 mi16, North Street, Carlisle, Cumbria CA2 5LN3
£145K01/230.14 mi60, Richardson Street, Carlisle, Cumbria CA2 6AA3
£120K11/210.14 mi23, Richardson Street, Carlisle, Cumbria CA2 6AA3
£127K11/200.14 mi7, Richardson Street, Carlisle, Cumbria CA2 6AA3
£115K11/210.15 mi55, East Norfolk Street, Carlisle, Cumbria CA2 5JL3
£145K04/230.17 mi86, Richardson Street, Carlisle, Cumberland CA2 6AG3
£120K07/210.19 mi2, Bousteads Grassing, Carlisle, Cumbria CA2 5LQ3
£158K04/230.22 mi78, Coogan Close, Carlisle, Cumberland CA2 5SG3
£115K03/230.22 mi76, Coogan Close, Carlisle, Cumberland CA2 5SG3
£150K03/230.23 mi7, Mcilmoyle Way, Carlisle, Cumbria CA2 5GY3
£161K11/210.23 mi9, Mcilmoyle Way, Carlisle, Cumbria CA2 5GY3
£107K02/210.23 mi5, Ferguson Place, Carlisle, Cumbria CA2 6EF3
£118K02/230.24 mi7, Well Bank, Carlisle, Cumbria CA2 6EQ3
£125K01/230.24 mi19, Ferguson Road, Carlisle, Cumbria CA2 6EG3
£105K04/230.25 mi18, Maryport Court, Carlisle, Cumberland CA2 5LY3
£145K01/230.27 mi2, Well Bank, Carlisle, Cumbria CA2 6EQ3
£87.5K11/210.27 mi63, Trafalgar Street, Carlisle, Cumbria CA2 5XX3
£107K10/210.27 mi45, Trafalgar Street, Carlisle, Cumbria CA2 5XX3
£128K01/230.27 mi99, Denton Street, Carlisle, Cumbria CA2 5EG3
£102.5K02/210.28 mi160, Richardson Street, Carlisle, Cumbria CA2 6AL3
£125K02/230.28 mi146, Richardson Street, Carlisle, Cumbria CA2 6AL3
£171K02/230.28 mi49, Holme Head Way, Carlisle, Cumbria CA2 6AJ3
£185.5K07/230.28 mi1, Clifton Street, Carlisle, Cumberland CA2 5NG3
£195K02/210.3 mi27, St James Road, Carlisle, Cumbria CA2 5NX3
£110K08/210.33 mi33, Diggle Road, Carlisle, Cumbria CA2 6EJ3
£82K11/200.33 mi26, Diggle Road, Carlisle, Cumbria CA2 6EJ3
£115K12/200.33 mi34, Percy Road, Carlisle, Cumbria CA2 6ES3
£100K06/230.34 mi89, Lund Crescent, Carlisle, Cumberland CA2 4BZ3
£94K06/230.36 mi25, Percy Road, Carlisle, Cumberland CA2 6ER3
£69K02/210.36 mi33, Lime Street, Carlisle, Cumbria CA2 5ED3
£198K12/200.36 mi121, Dalston Road, Carlisle, Cumbria CA2 5PL3
£101.5K12/200.36 mi1, Webster Crescent, Carlisle, Cumbria CA2 4DA3
£60K06/230.39 mi110, Dalston Road, Carlisle, Cumberland CA2 5PN3
£151K11/210.4 mi25, Pugin Street, Carlisle, Cumbria CA2 5NT3
£97K06/210.4 mi61, Prescott Road, Carlisle, Cumbria CA2 6ED3
£235K12/200.41 mi128, Dalston Road, Carlisle, Cumbria CA2 5PJ3
£82K01/210.41 mi34, Coney Street, Carlisle, Cumbria CA2 4BX3
£181K06/210.41 mi35, Lediard Avenue, Carlisle, Cumbria CA2 4BS3
£134.5K02/230.42 mi7, Dalston Road, Carlisle, Cumbria CA2 5NP3
£152K02/230.43 mi31, Currock Road, Carlisle, Cumbria CA2 4AS3
£139K01/210.43 mi1, Langdale Avenue, Carlisle, Cumbria CA2 5QG3
£85K02/210.45 mi7, Lund Crescent, Carlisle, Cumbria CA2 4DB3
£150K04/230.46 mi83, Currock Park Avenue, Carlisle, Cumberland CA2 4DJ3
£140K11/200.46 mi35, Currock Park Avenue, Carlisle, Cumbria CA2 4DJ3

Local Rents

19 rents from £525/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£52504/240.16 miEast Norfolk Street, Carlisle, CA23
£72505/240.16 miEast Norfolk Street, Carlisle, CA23
£65003/240.18 miEast Norfolk Street, Carlisle3
£75003/240.23 miMcilmoyle Way, Denton Holme, Carlisle, CA23
£83504/230.25 mi-3
£79505/240.28 miTrafalgar Street, Denton Holme, Carlisle3
£85004/240.28 miNelson Street, Carlisle, CA23
£89503/240.32 miSt James Avenue, Carlisle3
£75010/240.34 mi-3
£1,15003/250.39 mi-3
£62503/240.45 miLund Crescent, Carlisle3
£65003/240.46 miSkiddaw Road, Carlisle, CA23
£89504/230.47 mi-3
£85003/240.49 miBedford Road, Carlisle3
£85003/240.49 miBedford Road, Carlisle3
£79503/240.49 miBeaconsfield Street, Carlisle, CA23
£62504/240.56 miMontreal Street, Currock, Carlisle3
£75003/240.58 miBlackwell Road, Carlisle3
£75003/240.61 miClementina Terrace3

Local Area Statistics

Population in CA2

39,646

Population in Carlisle

103,015

Town centre distance

1.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £135,000

February 22, 2025

Floor Plans

Description

  • 3 Bed Mid Terraced home in the popular area of Denton Holme +
  • Lounge, Kitchen, Ground Floor Shower Room +
  • Rear Yard +
  • Loft space fully boarded with a roof window +
  • Double Glazing & Gas Central Heating +
  • Would make a lovely family home +

Located in the quaint and sought-after area of Denton Holme, this charming 3-bedroom mid-terraced house offers a perfect blend of modern comforts and traditional appeal.

The property exudes warmth and sophistication, with a layout designed to cater to the needs of a growing family. Upon entering, you are welcomed by a cosy lounge, adding to the inviting atmosphere of the home. The kitchen, known as the heart of the home, is the ideal space for culinary enthusiasts to create culinary delights. Convenience is key with a ground floor shower room, catering to the demands of modern family life.

Ascend to the upper levels of the property to discover three good size bedrooms, providing peaceful sanctuaries for rest and relaxation. The loft space, fully boarded with a roof window, offers endless possibilities for conversion or storage.

The property boasts double glazing and gas central heating, ensuring comfort all year round. Step outside into the rear yard, a tranquil retreat where you can unwind after a long day. While some modernisation is required, the potential to transform this property into a magnificent family home is undeniable. With all amenities conveniently located at your doorstep, experience the epitome of suburban living in this charming residence. Do not miss this opportunity to own a piece of timeless charm in a vibrant neighbourhood.

Agent Details

Kate Robson Estate Agent, Cumbria

01228 276890

Next Steps?

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