2 Bed Semi-Detached House, Refurb/BRRR, Carlisle, CA1 3JR, £105,000

Hazeldene, Harraby, Carlisle, CA1 3JR - 2 views - a month ago

Sold STC
Refurb/BRRR
ROI: 5%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£51K - £250K
Sold Prices/m²£923/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£91,830

 

 

End Value (After Refurb)

£104,730

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£26,805

Bridging Loan Interest

£2,756

Total Cash In

£64,011

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£104,730

Mortgage (After Refinance)

£78,547

Mortgage LTV

75%

Cash Left In

£64,011

Equity

£26,182

Rent Range

£550 - £950

Rent Estimate

£739

Running Costs/mo

£495

Cashflow/mo

£244

Cashflow/yr

£2,927

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £51K to £250K, average is £107.3K. £923/m² to £4.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£80K03/210.06 mi13, Winton Crescent, Carlisle, Cumbria CA1 3JY2
£75.2K11/200.06 mi16, Winton Crescent, Carlisle, Cumbria CA1 3JY2
£125K02/230.06 mi15, Winton Crescent, Carlisle, Cumbria CA1 3JY2
£130K01/230.06 mi89, Hillary Grove, Carlisle, Cumbria CA1 3JQ2
£78K04/210.06 mi90, Crossways, Carlisle, Cumbria CA1 3JT2
£94.5K11/220.08 mi38, Edgehill Road, Carlisle, Cumbria CA1 3PE2
£85K05/210.09 mi25, Hillary Grove, Carlisle, Cumbria CA1 3JH2
£80K07/210.12 mi19, Meadow View, Carlisle, Cumbria CA1 3JJ2
£107K06/230.12 mi85, Meadow View, Carlisle, Cumberland CA1 3JJ2
£106K12/220.12 mi60, Meadow View, Carlisle, Cumbria CA1 3JL2
£107.5K12/220.13 mi25, Winton Crescent, Carlisle, Cumbria CA1 3JZ2
£102K09/210.13 mi52, Longholme Road, Carlisle, Cumbria CA1 3HU2
£80K04/210.14 mi58, Longholme Road, Carlisle, Cumbria CA1 3HU2
£115.5K11/200.15 mi35, Edgehill Road, Carlisle, Cumbria CA1 3PG2
£135K11/220.17 mi54, Edgehill Road, Carlisle, Cumbria CA1 3PR2
£110K05/210.17 mi72, Edgehill Road, Carlisle, Cumbria CA1 3PR2
£123K01/230.18 mi51, Dalegarth Avenue, Carlisle, Cumbria CA1 3LS2
£157K01/210.2 mi10, Highwood Crescent, Carlisle, Cumbria CA1 3LF2
£167K10/210.2 mi9, Highwood Crescent, Carlisle, Cumbria CA1 3LF2
£181K04/230.22 mi11, Blackburn Drive, Carlisle, Cumberland CA1 3HY2
£87K02/210.24 mi79, Linden Terrace, Carlisle, Cumbria CA1 3PH2
£86K11/200.24 mi88, Linden Terrace, Carlisle, Cumbria CA1 3PH2
£85K03/230.24 mi77, Arnside Road, Carlisle, Cumberland CA1 3PS2
£150K06/210.25 mi23, Longdyke Drive, Carlisle, Cumbria CA1 3HT2
£250K08/230.25 mi437, London Road, Carlisle, Cumberland CA1 3HA2
£190K06/210.25 mi437, London Road, Carlisle, Cumbria CA1 3HA2
£110K09/210.26 mi35, Springfield Road, Carlisle, Cumbria CA1 3QX2
£175K09/210.27 mi87, Hopes Hill Drive, Carlisle, Cumbria CA1 3LH2
£180K12/220.28 mi355, London Road, Carlisle, Cumberland CA1 3EY2
£110K12/220.31 mi36, Mayfield Avenue, Carlisle, Cumbria CA1 3LU2
£105K03/230.31 mi40, Mayfield Avenue, Carlisle, Cumberland CA1 3LU2
£74K12/200.31 mi46, Mayfield Avenue, Carlisle, Cumbria CA1 3LU2
£93K12/210.32 mi114, Springfield Road, Carlisle, Cumbria CA1 3QU2
£99K02/210.33 mi36, Whinsmoor Drive, Carlisle, Cumbria CA1 3PX2
£98.5K08/230.33 mi20, Whinsmoor Drive, Carlisle, Cumberland CA1 3PX2
£80K03/230.35 mi67, Mayfield Avenue, Carlisle, Cumberland CA1 3LZ2
£77K04/230.35 mi30, Linden Terrace, Carlisle, Cumberland CA1 3PJ2
£118K01/230.36 mi47, Mayfield Avenue, Carlisle, Cumbria CA1 3NB2
£110K06/210.36 mi3, Mayfield Avenue, Carlisle, Cumbria CA1 3NB2
£125K03/230.36 mi7, Leywell Drive, Carlisle, Cumberland CA1 3TN2
£116K03/230.38 mi28, Tindale Drive, Carlisle, Cumbria CA1 3SG2
£51K03/230.4 mi9, Lightfoot Drive, Carlisle, Cumberland CA1 3BN2
£135K01/230.42 mi15, Valley Drive, Carlisle, Cumbria CA1 3TB2
£60K04/210.43 mi51, Silverdale Road, Carlisle, Cumbria CA1 3SF2
£90K12/200.46 mi82, Edgehill Road, Carlisle, Cumbria CA1 3SD2
£123K08/230.48 mi191, Pennine Way, Carlisle, Cumberland CA1 3QN2
£110K03/210.49 mi18, Broome Court, Carlisle, Cumbria CA1 2RA2
£110K05/210.49 mi10, Broome Court, Carlisle, Cumbria CA1 2RA2
£100K11/200.49 mi2, Broome Court, Carlisle, Cumbria CA1 2RA2
£82K01/210.5 mi30, Brantwood Avenue, Carlisle, Cumbria CA1 3RP2

Local Rents

29 rents from £550/mo to £950/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£65005/240.08 miWinton Cresent, Harraby, Carlisle2
£60004/240.13 miLongholme Road, Carlisle2
£62501/250.13 mi-2
£59503/240.14 miLongholme Road, Carlisle2
£57503/240.14 miLongholme Road, Carlisle, CA12
£67505/240.21 miWatermans Walk, Carleton Grange, Carlisle2
£67505/240.21 miWatermans Walk, Carleton Grange, Carlisle2
£67503/240.21 mi140 Watermans Walk, Carlisle, Cumbria2
£75005/240.24 mi-2
£95003/250.35 mi-2
£95004/250.35 mi-2
£95009/230.35 mi-2
£95002/250.35 mi-2
£95002/250.35 mi-2
£75005/230.4 mi-2
£57503/240.4 miLightfoot Drive, Carlisle, Cumbria, CA12
£72512/240.46 mi-2
£89504/250.51 mi-2
£55003/240.51 miLondon Road, Carlisle, CA12
£89502/250.53 mi-2
£89503/250.53 mi-2
£65004/240.53 miPennine View Close, Carlisle2
£69504/240.53 miPennine View Close, Carlisle, CA12
£77503/240.53 miCherry Lane, CARLISLE, CA12
£77503/240.53 miCherry Lane, CARLISLE, CA12
£57003/240.53 miGrange Road, London Road, Carlisle2
£77503/240.54 mi19, Cherry Lane,CARLISLE, CA1 3GJ2
£79505/240.58 mi-2
£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

2.36 miles away

Nearest school

0.20 miles away

Nearest train station

1.69 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £105,000

March 3, 2025

Floor Plans

Description

  • VIDEO VIEWING AVAILABLE +
  • Two Bedroom Semi-Detached Home +
  • Popular City Location +
  • Large Low Maintenance Garden +
  • Excellent First Time Buy Opportunity +
  • Excellent But To Let Opportunity +
  • Close To Local Schools +
  • Excellent Public Transport Links +
  • Band A Council Tax +
  • EPC - TBC +

A well built ex council house, this two double bedroom semi-detached property is ideally located for access to local schools, shops and public transport. The front of the home is well presented with a low maintenance fenced garden, gated access to the rear garden which is generous and has been well maintained. There are 2 storage areas - one brick built and flat roofed to the side of the property and a shed situated at the end of the garden area. The ground floor of the property comprises of a large lounge with duel aspect double glazed windows and gas fireplace. The entrance hallway has an open storage area under the stairs, and accesses the lounge, kitchen and stairs to the first floor. The kitchen will require modernisation, however has a built in storage cupboard ideal for installing a gas central heating boiler. The first floor bathroom comprises of a shower cubicle, WC and sink.  Bedroom one has a large double glazed window and a built in single storage cupboard, bedroom two has a double built in storage cupboard and double glazed window with views over the rear garden. A fantastic property, in need of some modernisation and well worth booking a viewing! ROOM DIMENSIONS GROUND FLOOR Entrance Hall Lounge - 3.4m x 5.66m (11'2" x 18'7") Kitchen - 2.11m x 3.48m (6'11" x 11'5") FIRST FLOOR Landing Bedroom One - 4.57m x 2.72m (15'0" x 8'11") Bedroom Two - 3.15m x 2.84m (10'4" x 9'4") Bathroom - 1.93m x 1.68m (6'4" x 5'6") what3words directions - ///pints.custom.lakes Council Tax Band - A Please note: All internal measurements are approximate and are cited to the nearest 3 inches. These property details, whilst understood to be accurate, are for guidance only and do not constitute any part of an offer or contract. Prospective purchasers cannot rely on them as statements or representations of fact, and all details must be verified through their legal representatives. No person in the employment of Tiffen & Co Estate Agents has the authority to make or give any representation or warranty in relation to the property. All appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order. Free Market Appraisal - Would you like to know how much your house is worth? We would be delighted to provide you with a free, no obligation valuation for your home. Please contact us to arrange an appointment. Looking for Property? - Please contact us to advise us what you are looking for so we can send you details and updates on all of our properties that match your needs. Need a Mortgage? Tiffen & Co Estate agents offer advice from Mortgage Advice Bureau, one of the UK's largest award winning mortgage brokers. We can search over 11,000 different mortgages from a selection of over 90 different lenders to find the right deal for you. Our advice will be specifically tailored to your needs and circumstances which could be for your first home, moving home, investing in property or remortgaging. Contact us to arrange a free consultation with one of our experienced advisors. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed. Referral Fees - Tiffen & Co work with preferred conveyancers for a house sale or purchase. Our conveyancers are competitively priced and you are under no obligation to use their services. Should you choose to use them Tiffen & Co will receive a referral fee of £120 on completion of a sale or purchase.

Agent Details

Tiffen & Co, Carlisle

01228 936426

Next Steps?

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