3 Bed Semi-Detached House, Single Let, Carlisle, CA3 9SR, £140,000

Briar Bank, Carlisle, CA3 9SR - 2 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£100K - £316K
Sold Prices/m²£1.2K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£168,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£600 - £995

Rent Estimate

£714

Running Costs/mo

£600

Cashflow/mo

£114

Cashflow/yr

£1,364

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £316K, average is £180K. £1.2K/m² to £2.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£110K11/200.01 mi96, Briar Bank, Carlisle, Cumbria CA3 9SR3
£124K09/210.08 mi74, Briar Bank, Carlisle, Cumbria CA3 9SP3
£106K11/210.08 mi103, Briar Bank, Carlisle, Cumbria CA3 9SP3
£130K01/230.08 mi5, Kirkbrae, Carlisle, Cumbria CA3 9TW3
£125K05/230.08 mi12, Dene Crescent, Carlisle, Cumberland CA3 9TA3
£156.5K11/220.12 mi61, Belah Road, Carlisle, Cumbria CA3 9TQ3
£131.5K07/210.13 mi1, Dene Crescent, Carlisle, Cumbria CA3 9TL3
£100K10/210.14 mi61, Belah Road, Carlisle, Cumbria CA3 9TQ3
£158.8K10/220.16 mi51, Belah Road, Carlisle, Cumbria CA3 9TJ3
£106.5K04/210.16 mi34, Briar Bank, Carlisle, Cumbria CA3 9SW3
£115K12/200.17 mi53, Belah Road, Carlisle, Cumbria CA3 9TJ3
£132K08/210.17 mi12, Bracken Close, Carlisle, Cumbria CA3 9TF3
£250K01/210.2 mi178, Scotland Road, Carlisle, Cumbria CA3 9HA3
£240K11/210.21 mi21, Belah Crescent, Carlisle, Cumbria CA3 9TZ3
£285K02/230.22 mi152, Scotland Road, Carlisle, Cumbria CA3 9EZ3
£170K11/200.22 mi13, Walden Grove, Carlisle, Cumbria CA3 9JT3
£125K03/210.22 mi14, Fernlea Way, Carlisle, Cumbria CA3 9SH3
£316K12/220.22 mi27, Brunstock Close, Carlisle, Cumbria CA3 0HL3
£193.5K02/210.22 mi88, Eden Street, Carlisle, Cumbria CA3 9LA3
£190K11/210.22 mi11, Moorville Drive South, Carlisle, Cumbria CA3 0AW3
£180K11/200.24 mi9, Moorville Drive, Carlisle, Cumbria CA3 0AN3
£195K10/220.24 mi18, Moorville Drive South, Carlisle, Cumbria CA3 0AW3
£179K12/200.25 mi65, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LE3
£182.5K09/220.25 mi57, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LE3
£223K04/230.26 mi10, Penton Close, Carlisle, Cumberland CA3 0PX3
£250K06/210.26 mi43, Lansdowne Crescent, Carlisle, Cumbria CA3 9ES3
£215K07/210.26 mi157, Scotland Road, Carlisle, Cumbria CA3 9HE3
£218K11/210.27 mi19, Belah Crescent, Carlisle, Cumbria CA3 9TX3
£202.5K07/210.27 mi8, Belah Crescent, Carlisle, Cumbria CA3 9TX3
£134K04/210.28 mi14, Parkside, Carlisle, Cumbria CA3 9SA3
£222.5K11/200.28 mi92, Lansdowne Crescent, Carlisle, Cumbria CA3 9EP3
£197.5K01/210.28 mi76, Lansdowne Crescent, Carlisle, Cumbria CA3 9EP3
£215K11/200.28 mi100, Lansdowne Crescent, Carlisle, Cumbria CA3 9EP3
£220K08/230.28 mi98, Lansdowne Crescent, Carlisle, Cumberland CA3 9EP3
£180K03/230.28 mi1, Gosling Drive, Carlisle, Cumberland CA3 0QG3
£200K02/230.28 mi90, Lansdowne Crescent, Carlisle, Cumbria CA3 9EP3
£282K08/220.29 mi12, Crossfield, Carlisle, Cumbria CA3 9HQ3
£220K01/210.29 mi1, Gelt Close, Carlisle, Cumbria CA3 0HJ3
£212.5K01/210.29 mi2, Gelt Close, Carlisle, Cumbria CA3 0HJ3
£145.5K08/210.29 mi101, Etterby Lea Crescent, Carlisle, Cumbria CA3 9JR3
£142.5K03/210.3 mi58, Eden Street, Carlisle, Cumbria CA3 9LH3
£171.5K10/220.3 mi67, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LE3
£260K04/230.31 mi4, Swinburn Drive, Carlisle, Cumberland CA3 0PY3
£162.5K11/220.32 mi1, Greenwood Court, Carlisle, Cumberland CA3 9NT3
£210K07/220.32 mi133, Scotland Road, Carlisle, Cumbria CA3 9HF3
£195K11/210.32 mi29, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LG3
£178.5K02/230.32 mi16, Etterby Lea Crescent, Carlisle, Cumberland CA3 9LG3
£170K05/210.32 mi18, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LG3
£175K06/210.32 mi25, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LG3
£170K09/210.32 mi49, Etterby Lea Crescent, Carlisle, Cumbria CA3 9LG3

Local Rents

14 rents from £600/mo to £995/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£60003/240.28 miGosling Drive, Carlisle, CA33
£69503/240.31 miThe Green, Briar Bank, Carlisle3
£85003/240.43 miKingstown Road, Carlisle, CA33
£97505/240.51 miAustin Court, Etterby Road, Carlisle3
£79503/240.54 miCheviott Road, Stanwix3
£89504/230.54 mi-3
£72504/240.62 mi20 St. Augusta View, CA33
£99505/240.91 miCroft Road, Carlisle3
£87503/240.91 miGarrett Way, Carlisle3
£87503/240.91 miGarrett Way, Carlisle3
£85009/240.92 mi-3
£75003/241.07 miBriar Bank, CA33
£85003/241.15 miAntonine Way, Houghton3
£99504/241.18 miHadrians Way, Houghton, CA33

Local Area Statistics

Population in CA3

14,064

Population in Carlisle

103,015

Town centre distance

0.82 miles away

Nearest school

0.40 miles away

Nearest train station

1.55 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £140,000

March 3, 2025

Floor Plans

Description

  • QUOTE NL0727 +
  • Chain free +
  • Sought after North of the river location +
  • Open plan living/dining room +
  • Fabulous conservatory +
  • Three brilliant bedrooms +
  • Fantastic rear garden +
  • Off street parking for two cars +
  • Catchment area for well renowned schools +
  • A wide range of amenities on the doorstep +

If you're looking for a chain free first time buy with the benefit of free electricity and an income of almost £1700 from solar panels, you must add 106 Briar Bank to the top of your 'to view' list. With off street parking for two cars, an open plan living/dining doom which leads to a fabulous conservatory, modern fitted kitchen, three brilliant bedrooms, a four piece bathroom and a low maintenance rear garden with an outdoor store room, the home is situated in a prime North of the river position and is ready to view now. QUOTE NL0727. The property is approached by a block paved paved driveway to comfortably fit two cars. You enter the home into the spacious and welcoming entrance hallway, which has plenty of space for your coats and shoes, the staircase to the first floor with a storage cupboard below housing the meters, a door straight ahead to the kitchen, and a door on your left to the living room. The living room is flooded with natural light, open to the dining room, and the gas fire creates the perfect focal point for the room. The dining room is big enough to fit a large dining table to fit the full family and has French doors leading to the conservatory, which would make ideal home working space, a play room, or a lovely quiet space to relax with a wonderful outlook over the garden. The modern fitted kitchen is well equipped with a range of wall and base units with complementing worktops over, an integrated electric oven with gas hob and extractor fan over, is plumbed for a washing machine, has a door to the rear porch, and houses the BAXI gas condensing boiler. Upstairs there are three bedrooms, two generous doubles and a large single. Both double bedrooms have the benefit of fitted wardrobes. The four piece family bathroom comprises of bath, shower in cubicle, pedestal wash hand basin, WC and a cupboard housing the water tank and providing storage for your towels and bed linen. The loft is fully boarded, providing excellent storage space and giving you the option of converting to a fourth bedroom subject to the relevant permissions. The rear garden is a great size yet easy to maintain being mostly laid to lawn and the store room provides even more storage space, would house a tumble dryer or would make an excellent home gym space. The solar panels fitted at the rear of the property are a huge bonus providing free electricity and a return of almost £1700 per year. Just think what you could do with £1700 a year! North of the river is a always a popular choice, especially amongst families, as there are some excellent schools to choose from to include Kingmoor Infants and Juniors and Stanwix Primary School.  If going into town isn't your thing then you needn't ever have to with all of the amenities you could need close by. Morrisons supermarket is a couple of minutes drive away, with Aldi just a little further up the road.  Kingstown retail park is within easy reach, as well as public houses in comfortable walking distance. Commuters are in luck too with Junction 44 of the M6 minutes away. This home would suit a couple looking to take their first step on the property ladder, a growing family whose property search is centred around catchment area for well renowned schools, or an investor looking to add to their buy to let portfolio. I look forward to arranging your viewing and showing you around. 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 💪