4 Bed Terraced House, Refurb/BRRR, Carlisle, CA1 1JS, £195,000

Aglionby Street, Carlisle, CA1 1JS - 3 views - a month ago

Sold STC
Refurb/BRRR
ROI: 3%
~129 m²
+16 photos

ValuationOvervalued

Sold Prices£85K - £490K
Sold Prices/m²£595/m² - £3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.5K/m²

Value Estimate

£183,743

 

 

End Value (After Refurb)

£185,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Refurb Costs

£50,869

Bridging Loan Interest

£5,119

Total Cash In

£117,438

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£185,000

Mortgage (After Refinance)

£138,750

Mortgage LTV

75%

Cash Left In

£117,438

Equity

£46,250

Rent Range

£595 - £4,080

Rent Estimate

£1,098

Running Costs/mo

£818

Cashflow/mo

£280

Cashflow/yr

£3,363

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £85K to £490K, average is £195K. £595/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£232K04/210 mi56, Aglionby Street, Carlisle, Cumbria CA1 1JS4
£225K11/220.04 mi3, Hart Street, Carlisle, Cumbria CA1 2BP4
£175K12/220.04 mi15, Hart Street, Carlisle, Cumbria CA1 2BP4
£177.5K04/210.07 mi15, Lismore Street, Carlisle, Cumbria CA1 2AH4
£250K08/210.13 mi38, Broad Street, Carlisle, Cumbria CA1 2AQ4
£175K12/200.13 mi51, Broad Street, Carlisle, Cumbria CA1 2AQ4
£197.5K11/220.14 mi32, Broad Street, Carlisle, Cumbria CA1 2AQ4
£245K11/200.14 mi79, Warwick Road, Carlisle, Cumbria CA1 1EB4
£180K12/220.15 mi39, Chiswick Street, Carlisle, Cumbria CA1 1HJ4
£175K10/210.15 mi45, Petteril Street, Carlisle, Cumbria CA1 2AJ4
£215K06/230.15 mi45, Petteril Street, Carlisle, Cumberland CA1 2AJ4
£195K12/220.18 mi24, River Street, Carlisle, Cumbria CA1 2AL4
£290K05/230.18 mi8, Chiswick Street, Carlisle, Cumberland CA1 1HQ4
£235K08/230.26 mi130, Petteril Street, Carlisle, Cumberland CA1 2AW4
£132.5K02/210.26 mi75, Petteril Street, Carlisle, Cumbria CA1 2AW4
£283.5K11/200.28 mi10, Strand Road, Carlisle, Cumbria CA1 1NB4
£191K05/210.29 mi3, Eldred Street, Carlisle, Cumbria CA1 2AT4
£150K02/230.34 mi7, Brunton Avenue, Carlisle, Cumbria CA1 2AU4
£298.8K06/210.37 mi42, St Aidans Road, Carlisle, Cumbria CA1 1LS4
£255K11/200.37 mi32, St Aidans Road, Carlisle, Cumbria CA1 1LS4
£295K11/200.37 mi4, St Aidans Road, Carlisle, Cumbria CA1 1LS4
£193K02/210.41 mi204, Warwick Road, Carlisle, Cumbria CA1 1LH4
£195K03/210.41 mi202, Warwick Road, Carlisle, Cumbria CA1 1LH4
£146K11/200.42 mi219, Warwick Road, Carlisle, Cumbria CA1 1LJ4
£175K12/200.42 mi239, Warwick Road, Carlisle, Cumbria CA1 1LJ4
£187.5K01/210.51 mi5, Tramside Way, Carlisle, Cumbria CA1 2FH4
£220K07/210.62 mi13, Chertsey Mount, Carlisle, Cumbria CA1 2PH4
£200K04/230.62 mi5, Chertsey Mount, Carlisle, Cumberland CA1 2PH4
£122K03/230.62 mi7, Blackwell Road, Carlisle, Cumbria CA2 4AB4
£152.5K01/210.67 mi8, Mcilmoyle Way, Carlisle, Cumbria CA2 5GY4
£145K03/210.71 mi23, Gardenia Street, Carlisle, Cumbria CA2 4AW4
£260K11/220.73 mi1, Heron Drive, Carlisle, Cumbria CA1 2WA4
£150K06/230.77 mi6, Robinson Avenue, Carlisle, Cumberland CA2 4EU4
£85K11/200.82 mi27, Harold Street, Carlisle, Cumbria CA2 4HG4
£87.5K01/210.83 miThe Cottage, Stanwix Bank, Carlisle, Cumbria CA3 9AH4
£445K05/210.83 mi2, Brampton Road, Carlisle, Cumbria CA3 9AN4
£490K02/230.84 mi13, Rickerby Court, Rickerby, Carlisle, Cumberland CA3 9BF4
£170K12/200.85 mi1, South Dale Street, Carlisle, Cumbria CA2 4HR4
£122.5K12/200.89 mi85, Currock Road, Carlisle, Cumbria CA2 4BH4
£185K04/230.89 mi101, Currock Road, Carlisle, Cumberland CA2 4BH4
£175.5K07/230.9 mi36, Dalston Road, Carlisle, Cumberland CA2 5NP4
£265K12/200.94 mi42, Hillcrest Avenue, Carlisle, Cumbria CA1 2QJ4
£227.5K11/200.95 mi51, Dalston Road, Carlisle, Cumbria CA2 5NN4
£105K03/210.95 mi14, Webster Crescent, Carlisle, Cumbria CA2 4DA4
£390K01/230.97 mi21, Mulcaster Crescent, Carlisle, Cumbria CA3 9EA4
£315K07/230.99 mi54, St James Road, Carlisle, Cumberland CA2 5PD4
£210K09/210.99 mi33, Chertsey Bank, Carlisle, Cumbria CA1 2QF4
£166K02/210.99 mi13, Mulcaster Crescent, Carlisle, Cumbria CA3 9EA4
£255K11/210.99 mi7, Mulcaster Crescent, Carlisle, Cumbria CA3 9EB4
£312.5K10/200.99 mi43, Scotland Road, Carlisle, Cumbria CA3 9HS4

Local Rents

20 rents from £595/mo to £4.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85004/240.02 miAglionby Street, Close To City Centre, Carlisle4
£85004/240.02 miAglionby Street, Close To City Centre, Carlisle4
£75003/240.07 miOrfeur Street, Carlisle3
£65003/240.08 miCarlisle, CA13
£1,40003/240.09 miAglionby Street, Carlisle, Cumbria, CA15
£90005/240.15 miPetteril Street, City Centre, Carlisle, CA13
£90004/240.15 miPetteril Street, City Centre, Carlisle, CA13
£75004/240.19 miWarwick Road, Carlisle3
£70004/240.24 mi-3
£72503/240.3 miValley Drive, Carleton Grange, Carlisle3
£3,25002/240.33 mi-3
£70003/240.35 miLinton Street, Carlisle, CA13
£75005/240.38 miBrook Street, Carlisle, CA13
£72503/240.41 miThomson Street, Carlisle3
£72503/240.42 miLindisfarne Street, Carlisle, CA13
£59503/240.43 miOswald Street, City Centre, Carlisle, CA13
£4,08002/250.44 mi-3
£95004/240.58 mi-5
£95003/240.58 miSheffield Street, Carlisle, CA25
£75009/240.61 mi-3

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

0.86 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £195,000

March 4, 2025

Floor Plans

Description

  • No Onward Chain +
  • City Centre Location +
  • Two Reception Rooms +
  • Utility and Cellar +
  • Four Spacious Bedrooms +
  • In Need of Refurbishment +
  • Short Walk to Parks +
  • On and Off-Street Parking +

OVERVIEW
Presenting a substantial town house for sale that's ripe for refurbishment and conveniently nestled in the heart of the city centre. This property offers a golden opportunity for families or developers looking to put their own stamp on a home with robust potential.
This property provides a canvas for redesign and boasts a generous arrangement of rooms including four bedrooms, a family bathroom, further WC, two reception rooms and kitchen, offering ample space for creativity and personalisation.
Within the property, there are numerous additional features that enhance its potential. A utility room and a cellar offer a wealth of extra storage space, providing practical solutions for modern living. With no onward chain, the transition into this home could be smooth and straightforward.
One of the unique features of this property is the provision of parking, a rarity in such a central location. Even more appealing is the property's position overlooking Courtfield Bowling Green offering not just greenery but a local community hub right on your doorstep.
The location of this home is a significant advantage. It's just a short walk from the city centre, and local amenities as well as Rickerby Park, are just a short walk away.
In summary, this town house, in need of renovation, is a blank canvas awaiting transformation. Take advantage of this unique opportunity to create the perfect city-centre home or investment property. USEFUL INFORMATION
The property benefits from gas central heating; the boiler is located in the utility room. Both on street and off-street parking are available.  PLEASE NOTE
1. These particulars have been prepared in good faith as a general guide; they are not exhaustive and include information provided to us by other parties including the seller, not all of which will have been verified by us. They do not form part of any offer or contract and should not be relied upon as statements of fact. 2. We have not carried out a detailed or structural survey, we have not tested any services, appliances or fittings and we have not verified all statutory approvals or consents. Measurements, floorplans, orientation and distances are given as an approximate only and should not be relied on. 3. The photographs are not necessarily comprehensive or current, aspects may have changed since the photographs were taken. No assumption should be made that any contents are included in the sale. 4. Prospective purchasers should satisfy themselves by inspection, searches, enquiries, surveys and professional advice about all relevant aspects of the property Tenure: Freehold,

Agent Details

Northwood, Carlisle

01228 279058

Next Steps?

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