2 Bed Terraced House, Single Let, Carlisle, CA1 2LJ, £110,000

Alexander Street, Carlisle, CA1 2LJ - 4 views - 2 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£48.5K - £125K
Sold Prices/m²£735/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£76,843

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£500 - £995

Rent Estimate

£508

Running Costs/mo

£465

Cashflow/mo

£43

Cashflow/yr

£512

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £48.5K to £125K, average is £85K. £735/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£83K05/210 mi53, Alexander Street, Carlisle, Cumbria CA1 2LJ2
£75K08/210.03 mi67, Thomson Street, Carlisle, Cumbria CA1 2LP2
£75K11/200.03 mi72, Thomson Street, Carlisle, Cumbria CA1 2LP2
£85K03/230.06 mi26, Thomson Street, Carlisle, Cumbria CA1 2LW2
£75K11/210.06 mi14, Thomson Street, Carlisle, Cumbria CA1 2LW2
£81.5K10/210.06 mi59, Thomson Street, Carlisle, Cumbria CA1 2LW2
£95K04/230.06 mi64, Thomson Street, Carlisle, Cumberland CA1 2LW2
£48.5K01/230.06 mi24, Linton Street, Carlisle, Cumbria CA1 2LY2
£71K06/210.06 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£71K06/210.06 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£74.3K04/210.06 mi21, Alexander Street, Carlisle, Cumbria CA1 2LH2
£95K04/230.06 mi31, Alexander Street, Carlisle, Cumberland CA1 2LH2
£60K10/210.06 mi42, Oswald Street, Carlisle, Cumbria CA1 2LU2
£88.5K03/230.08 mi50, Lindisfarne Street, Carlisle, Cumbria CA1 2ND2
£70K03/230.08 mi34, Lindisfarne Street, Carlisle, Cumberland CA1 2ND2
£86.5K09/210.08 mi84, Sybil Street, Carlisle, Cumbria CA1 2DS2
£97.8K05/230.08 mi84, Sybil Street, Carlisle, Cumberland CA1 2DS2
£108K07/230.08 mi42, Sybil Street, Carlisle, Cumberland CA1 2DS2
£72K07/210.09 mi31, Sybil Street, Carlisle, Cumbria CA1 2DT2
£70K06/230.09 mi8, Orchard Street, Carlisle, Cumberland CA1 2JL2
£75K02/230.09 mi49, Flower Street, Carlisle, Cumbria CA1 2JN2
£102K11/200.1 mi53, Bowman Street, Carlisle, Cumbria CA1 2HR2
£105K04/230.1 mi37, Bowman Street, Carlisle, Cumberland CA1 2HR2
£85K12/200.1 mi35, Bowman Street, Carlisle, Cumbria CA1 2HR2
£88K03/230.1 mi37, Flower Street, Carlisle, Cumberland CA1 2JN2
£68K04/210.1 mi2, David Street, Carlisle, Cumbria CA1 2LR2
£72K01/210.11 mi17, Delagoa Street, Carlisle, Cumbria CA1 2LZ2
£85K03/210.11 mi15, Delagoa Street, Carlisle, Cumbria CA1 2LZ2
£73.1K11/200.15 mi2, Melrose Terrace, Carlisle, Cumbria CA1 2DP2
£88.5K10/200.16 mi20, Edward Street, Carlisle, Cumbria CA1 2JE2
£68K03/210.17 mi9, Adelaide Street, Carlisle, Cumbria CA1 2DR2
£97K11/200.17 mi22, Melbourne Road, Carlisle, Cumbria CA1 2DW2
£110K12/220.17 mi46, Melbourne Road, Carlisle, Cumbria CA1 2DW2
£111K08/230.18 mi13, Bowman Street, Carlisle, Cumberland CA1 2HD2
£97.5K04/230.18 mi8, Close Street, Carlisle, Cumberland CA1 2HB2
£71K03/210.18 mi38, Close Street, Carlisle, Cumbria CA1 2HB2
£120K11/210.21 mi47, Greystone Road, Carlisle, Cumbria CA1 2DG2
£125K08/230.21 mi101, Greystone Road, Carlisle, Cumberland CA1 2DG2
£81.5K05/230.23 mi10, Fusehill Street, Carlisle, Cumberland CA1 2ES2
£61K11/200.23 mi7, Fusehill Street, Carlisle, Cumbria CA1 2ES2
£95K11/220.24 mi17, South Street, Carlisle, Cumbria CA1 2EW2
£84.5K12/200.24 mi14, Nook Street, Carlisle, Cumbria CA1 2DF2
£79K10/200.24 mi5, Nook Street, Carlisle, Cumbria CA1 2DF2
£100K07/230.25 mi15, South Street, Carlisle, Cumberland CA1 2EW2
£96K06/230.26 mi29, Vasey Crescent, Carlisle, Cumberland CA1 2BG2
£110K07/230.27 mi40, Rydal Street, Carlisle, Cumberland CA1 1SQ2
£109.2K10/210.27 mi16, Margery Street, Carlisle, Cumbria CA1 2BE2
£88K03/230.27 mi34, Margery Street, Carlisle, Cumberland CA1 2BE2
£115K09/210.3 mi88, Greystone Road, Carlisle, Cumbria CA1 2DD2
£93K10/200.3 mi76, Greystone Road, Carlisle, Cumbria CA1 2DD2

Local Rents

38 rents from £500/mo to £995/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£62503/240.01 miThomson Street2
£67509/240.04 mi-2
£67509/240.04 mi-2
£67509/240.04 mi-2
£65005/240.06 miAlexander Street, Carlisle, CA12
£65003/240.08 miLindisfarne Street, Carlisle, Cumbria, CA12
£62504/240.08 miSybil Street, Carlisle, CA12
£60003/240.09 miLindisfarne Court, Carlisle, CA12
£51002/240.1 mi-2
£53001/250.1 mi-2
£67504/240.1 miSybil Street, Carlisle, CA12
£79511/240.11 mi-2
£60004/240.15 miGreystone Road, Carlisle, CA12
£99503/250.18 mi-2
£62506/240.2 mi-2
£62505/240.2 miRaven Street, Carlisle, CA12
£62505/240.2 miRaven Street, Carlisle, CA12
£52505/240.23 mi84 Charles Street, Carlisle2
£67508/240.4 mi-2
£59004/240.4 miAglionby Street, Carlisle2
£50002/230.41 mi-2
£52512/240.41 mi-2
£75003/240.42 miHanson Place, Warwick Square, Carlisle2
£59505/240.43 mi-2
£65003/240.44 mi114, Warwick Road, Carlisle2
£67503/240.47 miHasell Street, Carlisle2
£60003/240.54 miRed Gables, Carlisle, CA12
£65004/240.54 miFlat 6, Red Gables, CA12
£52003/240.55 miSpencer House, St Pauls Square, Carlisle2
£85003/240.55 miHazel Grove, Harraby Green, Carlisle2
£65005/240.56 miSpencer House, St Pauls Square, Carlisle2
£65005/240.56 miSpencer House, St Pauls Square, Carlisle2
£55003/230.57 mi-2
£85006/240.57 mi-2
£85002/250.57 mi-2
£57504/240.57 miThirlwell Gardens, Carlisle, CA12
£69504/240.6 miThirlmere Street, Carlisle2
£69503/240.61 miChertsey Grove, off London Road, Carlisle2

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

1.22 miles away

Nearest school

0.10 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £110,000

February 25, 2025

Floor Plans

Description

  • Well presented mid terrace home +
  • Two double bedrooms with potential to convert to three bedrooms subject to necessary permissions +
  • Two fantastic reception rooms +
  • Stunning three piece first floor bathroom +
  • Enclosed rear yard +
  • Ideal first time buy or buy to let +
  • Within easy reach of City Centre and amenities +
  • QUOTE NL0727 +

53 Alexander Street is a fabulous move in ready two bedroom mid terrace home with potential to convert to a three bedroom subject to necessary permissions. Situated within easy walking distance of the City Centre, this home would make an excellent first time buy or buy to let property and features two reception rooms, a modern fitted kitchen, two double bedrooms, a stunning family bathroom, fitted staircase to an attic room which could easily be converted into a third bedroom, and an enclosed rear yard. This lovely home is ready to view now. QUOTE NL0727. You enter the home into the spacious and welcoming entrance hallway where you are greeted with fabulous high ceilings. The first door on your left leads to the front reception room, which is currently being used as a bedroom, but would make a lovely cosy living room. You then have the staircase to the first floor on your left, with the dining room/second reception room straight ahead. This is a stunning and sizeable room, with plenty of space for a large dining table to fit the family, as well as providing extra living space. There is a very deep and handy storage cupboard under the stairs which has an electricity supply and currently houses a tumble dryer, and a door to the kitchen. The kitchen is well equipped with a range of wall and base units, is plumbed for a washing machine, has space for an American style fridge freezer, has an integrated electric oven with gas hob and extractor fan over, and a door to the rear yard. Upstairs there are two double bedrooms, the master being extremely generous in size with fitted storage cupboards. The second double bedroom provides convenient access to the stunning three piece bathroom, which comprises of shower over bath, pedestal wash hand basin, vanity unit, heated towel rail and WC. A fitted staircase provides access to the loft with velux window and could easily be converted to a third bedroom subject to necessary conditions. The enclosed rear yard is laid with artificial grass for easy maintenance and adds a lovely touch of greenery to enjoy the outdoor space. The location of this property is brilliant. It is an easy walk into the City Centre and there are a good range of shops, supermarkets, gyms, schools and transport links on the doorstep. This home would suit a first time buyer, a landlord looking to add to their portfolio, and anyone looking for a home that is ready to move straight into without the dreaded list of DIY jobs, having recently had a new main roof, flat roof, and gas combination boiler installed. I look forward to arranging a viewing for you. Tenure: Freehold Council tax band: A EPC rating: D QUOTE NL0727

Agent Details

eXp UK, North West

03304 609968

Next Steps?

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