2 Bed Flat, Single Let, Carlisle, CA1 3PD, £89,600

Admiral Way, Carlisle, Cumbria, CA1 3PD - a month ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+6 photos

ValuationFair Value

Sold Prices£50K - £200K
Sold Prices/m²£877/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£91,412

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,400

Stamp Duty & Legal Fees

£5,680

Total Cash In

£28,080

 

 

Cash Out

 

Rent Range

£575 - £895

Rent Estimate

£596

Running Costs/mo

£419

Cashflow/mo

£177

Cashflow/yr

£2,122

ROI

8%

Gross Yield

8%

Local Sold Prices

28 sold prices from £50K to £200K, average is £84.4K. £877/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£190K10/210.28 mi2, Oval Court, Carlisle, Cumbria CA1 3TT2
£150K11/220.28 mi10, Oval Court, Carlisle, Cumbria CA1 3TT2
£57K03/210.3 mi120, Longholme Road, Carlisle, Cumbria CA1 3HU2
£75.5K05/230.3 mi108, Longholme Road, Carlisle, Cumberland CA1 3HU2
£60K06/210.34 mi35, Longholme Road, Carlisle, Cumbria CA1 3HN2
£80K09/210.34 mi23, Longholme Road, Carlisle, Cumbria CA1 3HN2
£100K06/230.38 mi86, Watermans Walk, Carlisle, Cumberland CA1 3TU2
£77.5K10/210.38 mi78, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£80K01/210.38 mi100, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£88.2K04/210.38 mi142, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£112.5K08/230.38 mi110, Watermans Walk, Carlisle, Cumberland CA1 3TU2
£92K07/220.38 mi144, Watermans Walk, Carlisle, Cumbria CA1 3TU2
£92K08/220.44 mi7, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£86.5K06/210.47 mi8, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£105K10/210.47 mi16, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£88K06/210.47 mi33, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£95K05/220.47 mi45, Pennine View Close, Carlisle, Cumbria CA1 3GW2
£68.5K12/220.51 mi100, Dale End Road, Carlisle, Cumbria CA1 3DE2
£74.5K11/220.51 mi57, Dale End Road, Carlisle, Cumbria CA1 3DE2
£128K08/220.53 miFlat 21, Willow Place, Parkland Drive, Carlisle, Cumbria CA1 3GQ2
£175K09/220.53 miFlat 36, Willow Place, Parkland Drive, Carlisle, Cumbria CA1 3GQ2
£200K07/230.53 miFlat 36, Willow Place, Parkland Drive, Carlisle, Cumberland CA1 3GQ2
£80K01/230.54 miFlat 2, Hedley Court, Cumwhinton Road, Carlisle, Cumbria CA1 3PA2
£72K08/220.76 mi5, Argyll Drive, Carlisle, Cumbria CA1 3PB2
£50K02/210.88 mi28, Broome Court, Carlisle, Cumbria CA1 2RB2
£82.2K03/230.95 miFlat 2, Hillcrest Nook, High Road, Carlisle, Cumberland CA1 2QU2
£52K06/211 mi22, Brisco Meadows, Carlisle, Cumbria CA2 4NY2
£52K02/211 mi28, Brisco Meadows, Carlisle, Cumbria CA2 4NY2

Local Rents

20 rents from £575/mo to £895/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£57503/240.3 miLongholme Road, Carlisle, CA12
£59503/240.3 miLongholme Road, Carlisle2
£60004/240.32 miLongholme Road, Carlisle2
£62501/250.34 mi-2
£77503/240.34 mi19, Cherry Lane,CARLISLE, CA1 3GJ2
£75005/240.35 mi-2
£77503/240.36 miCherry Lane, CARLISLE, CA12
£77503/240.36 miCherry Lane, CARLISLE, CA12
£67503/240.38 mi140 Watermans Walk, Carlisle, Cumbria2
£67505/240.38 miWatermans Walk, Carleton Grange, Carlisle2
£67505/240.38 miWatermans Walk, Carleton Grange, Carlisle2
£69504/240.47 miPennine View Close, Carlisle, CA12
£89502/250.47 mi-2
£89503/250.47 mi-2
£65004/240.47 miPennine View Close, Carlisle2
£89504/250.47 mi-2
£65005/240.48 miWinton Cresent, Harraby, Carlisle2
£75004/240.53 miWillow Place, Parkland Village, Carlisle, CA12
£72501/250.55 mi-2
£57503/240.62 miLightfoot Drive, Carlisle, Cumbria, CA12

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

2.79 miles away

Nearest school

0.60 miles away

Nearest train station

2.11 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £89,600

February 26, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Additional +
  • Entrance Hall +
  • Kitchen/Living/Dining Room +
  • Bathroom +
  • En-Suite Shower Room +

Low cost housing scheme with 30% discount. A second floor apartment on the popular Speckled Wood development. The accommodation offers entrance hallway, living/kitchen/diner, two double bedrooms, one with ensuite shower room, and a separate bathroom. This home is part of the LOW COST HOUSING SCHEME.

Situation

Situated to the East of Carlisle on the edge of the Harraby area. Just over 2 miles to Carlisle City Centre and 1.5 miles from M6 junction 42, leading you to areas North, South and East. This location is close to a regular bus route. Local amenities - Aldi supermarket, Post Office, pharmacy, local bakery, Harraby Catholic Club and Harraby Community Central - all approx 1 mile away. Local primary schools are Pennine Way and Inglewood.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CAR240486/2

Agent Details

YOUR MOVE - Property @ Cumbria, Carlisle

01228 276062

Next Steps?

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