2 Bed Terraced House, Single Let, Carlisle, CA1 2HB, £85,000

43 Close Street, Carlisle, CA1 2HB - 1 views - a month ago

Sold STC
BTL
ROI: 5%
69 m²
+6 photos

ValuationOvervalued

Sold Prices£48.5K - £175K
Sold Prices/m²£735/m² - £1.9K/m²

 

 

Square Metres

69 m²
Price/m²£1.2K/m²

Value Estimate

£77,846

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£500 - £995

Rent Estimate

£508

Running Costs/mo

£387

Cashflow/mo

£121

Cashflow/yr

£1,449

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £48.5K to £175K, average is £87.3K. £735/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£97.5K04/230 mi8, Close Street, Carlisle, Cumberland CA1 2HB2
£71K03/210 mi38, Close Street, Carlisle, Cumbria CA1 2HB2
£111K08/230.01 mi13, Bowman Street, Carlisle, Cumberland CA1 2HD2
£81.5K05/230.06 mi10, Fusehill Street, Carlisle, Cumberland CA1 2ES2
£61K11/200.06 mi7, Fusehill Street, Carlisle, Cumbria CA1 2ES2
£88.5K10/200.07 mi20, Edward Street, Carlisle, Cumbria CA1 2JE2
£95K11/220.08 mi17, South Street, Carlisle, Cumbria CA1 2EW2
£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
£100K07/230.1 mi15, South Street, Carlisle, Cumberland CA1 2EW2
£110K07/230.12 mi40, Rydal Street, Carlisle, Cumberland CA1 1SQ2
£88K03/230.12 mi37, Flower Street, Carlisle, Cumberland CA1 2JN2
£75K02/230.12 mi49, Flower Street, Carlisle, Cumbria CA1 2JN2
£100K03/210.14 mi13, Broad Street, Carlisle, Cumbria CA1 2AG2
£100K03/210.14 mi31, Broad Street, Carlisle, Cumbria CA1 2AG2
£70K06/230.16 mi8, Orchard Street, Carlisle, Cumberland CA1 2JL2
£95K03/210.17 mi60, Cecil Street, Carlisle, Cumbria CA1 1NX2
£48.5K01/230.18 mi24, Linton Street, Carlisle, Cumbria CA1 2LY2
£83K05/210.18 mi53, Alexander Street, Carlisle, Cumbria CA1 2LJ2
£175K06/230.19 mi23, Hart Street, Carlisle, Cumberland CA1 2BP2
£71K06/210.19 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£71K06/210.19 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£74.3K04/210.19 mi21, Alexander Street, Carlisle, Cumbria CA1 2LH2
£95K04/230.19 mi31, Alexander Street, Carlisle, Cumberland CA1 2LH2
£73.1K11/200.19 mi2, Melrose Terrace, Carlisle, Cumbria CA1 2DP2
£72.5K02/210.2 mi24, Tait Street, Carlisle, Cumbria CA1 1RX2
£75K08/210.21 mi67, Thomson Street, Carlisle, Cumbria CA1 2LP2
£75K11/200.21 mi72, Thomson Street, Carlisle, Cumbria CA1 2LP2
£72K07/210.21 mi31, Sybil Street, Carlisle, Cumbria CA1 2DT2
£68K02/230.21 mi14, Tait Street, Carlisle, Cumbria CA1 1RX2
£96K06/230.21 mi29, Vasey Crescent, Carlisle, Cumberland CA1 2BG2
£85K03/230.21 mi26, Thomson Street, Carlisle, Cumbria CA1 2LW2
£75K11/210.21 mi14, Thomson Street, Carlisle, Cumbria CA1 2LW2
£81.5K10/210.21 mi59, Thomson Street, Carlisle, Cumbria CA1 2LW2
£95K04/230.21 mi64, Thomson Street, Carlisle, Cumberland CA1 2LW2
£86.5K09/210.21 mi84, Sybil Street, Carlisle, Cumbria CA1 2DS2
£97.8K05/230.21 mi84, Sybil Street, Carlisle, Cumberland CA1 2DS2
£108K07/230.21 mi42, Sybil Street, Carlisle, Cumberland CA1 2DS2
£120K11/210.23 mi47, Greystone Road, Carlisle, Cumbria CA1 2DG2
£125K08/230.23 mi101, Greystone Road, Carlisle, Cumberland CA1 2DG2
£68K04/210.23 mi2, David Street, Carlisle, Cumbria CA1 2LR2
£60K10/210.23 mi42, Oswald Street, Carlisle, Cumbria CA1 2LU2
£97K11/200.25 mi22, Melbourne Road, Carlisle, Cumbria CA1 2DW2
£110K12/220.25 mi46, Melbourne Road, Carlisle, Cumbria CA1 2DW2
£88.5K03/230.25 mi50, Lindisfarne Street, Carlisle, Cumbria CA1 2ND2
£109.2K10/210.25 mi16, Margery Street, Carlisle, Cumbria CA1 2BE2
£88K03/230.25 mi34, Margery Street, Carlisle, Cumberland CA1 2BE2
£70K03/230.25 mi34, Lindisfarne Street, Carlisle, Cumberland CA1 2ND2
£72K01/210.28 mi17, Delagoa Street, Carlisle, Cumbria CA1 2LZ2

Local Rents

33 rents from £500/mo to £995/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£99503/250.02 mi-2
£52505/240.05 mi84 Charles Street, Carlisle2
£60004/240.18 miGreystone Road, Carlisle, CA12
£65005/240.19 miAlexander Street, Carlisle, CA12
£62503/240.19 miThomson Street2
£62504/240.21 miSybil Street, Carlisle, CA12
£67509/240.21 mi-2
£67510/240.21 mi-2
£67510/240.21 mi-2
£67504/240.22 miSybil Street, Carlisle, CA12
£62506/240.23 mi-2
£62505/240.23 miRaven Street, Carlisle, CA12
£62505/240.23 miRaven Street, Carlisle, CA12
£59004/240.24 miAglionby Street, Carlisle2
£75003/240.24 miHanson Place, Warwick Square, Carlisle2
£60003/240.26 miLindisfarne Court, Carlisle, CA12
£65003/240.26 miLindisfarne Street, Carlisle, Cumbria, CA12
£79511/240.26 mi-2
£51002/240.27 mi-2
£53001/250.27 mi-2
£65003/240.29 mi114, Warwick Road, Carlisle2
£60003/240.36 miRed Gables, Carlisle, CA12
£65004/240.36 miFlat 6, Red Gables, CA12
£52003/240.37 miSpencer House, St Pauls Square, Carlisle2
£65005/240.38 miSpencer House, St Pauls Square, Carlisle2
£65005/240.38 miSpencer House, St Pauls Square, Carlisle2
£67504/250.49 mi-2
£59505/240.5 mi-2
£50002/230.5 mi-2
£52512/240.5 mi-2
£57504/240.57 miThirlwell Gardens, Carlisle, CA12
£67503/240.6 miHasell Street, Carlisle2
£55003/240.62 miGarfield Street, Carlisle, Cumbria, CA22

Local Area Statistics

Population in CA1

24,515

Population in Carlisle

103,015

Town centre distance

1.04 miles away

Nearest school

0.10 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £85,000

March 7, 2025

Description

  • A Recently Decorated Mid Terraced House +
  • Situated Conveniently Close To Carlisle City Centre +
  • Spacious Lounge +
  • Inner Hallway +
  • Modern Fitted Kitchen +
  • Rear Hallway +
  • Bathroom +
  • Two Generous Double Bedrooms +
  • Gas Central Heating & uPVC Double Glazing +
  • Front Forecourt & Rear Yard +

If you are a first time buyer looking to get on to the property ladder, or an investor looking to expand you buy to let portfolio, then take a closer look at 43 Close Street. A recently decorated, two bedroom mid terraced house situated conveniently close to Carlisle City Centre and the University of Cumbria. Having been recently decorated throughout, the property is ready to move straight in to and has the benefit of a modern fitted kitchen and modern bathroom. Accommodation comprises Entrance into Spacious Lounge, Inner Hallway, Modern Fitted Kitchen, Rear Hallway and Modern Bathroom. To the first floor there are Two Generous Double Bedrooms. The property benefits from gas central heating and uPVC double glazing. Externally there is a front forecourt and an L-shaped rear yard. To be sold with no ongoing chain.

Property Overview

Nestled in the heart of Carlisle, 43 Close Street, CA1 2HB, is a charming terraced house that offers both comfort and convenience. This two-bedroom property, recently decorated throughout, presents an excellent opportunity for first-time buyers or investors seeking a buy-to-let option.

As you step inside, you're greeted by a generously sized lounge area, perfect for relaxation and entertaining guests. The neutral tones of the décor enhance the room's brightness, creating a warm and inviting atmosphere.

Adjacent to the lounge is a modern fitted kitchen, equipped with contemporary appliances and ample storage. The design ensures functionality, making meal preparation both efficient and enjoyable. Beyond the kitchen lies a modern ground-floor bathroom, thoughtfully designed with quality fixtures and fittings to provide a comfortable bathing experience.

Ascending to the first floor, you'll find two spacious double bedrooms. Each room continues the theme of neutral decoration, offering a blank canvas for personalization. The ample space in these bedrooms ensures flexibility, whether you envision cozy retreats or functional home offices.

One of the standout features of 43 Close Street is its prime location. Situated in close proximity to the University of Cumbria, the property is an ideal choice for students or university staff seeking nearby accommodation. Additionally, Carlisle City Centre is within easy reach, offering a plethora of shopping, dining, and entertainment options.

The area boasts excellent transport links, with public transportation readily available, ensuring seamless connectivity to other parts of the city and beyond. For those who prefer to drive, the property's location provides straightforward access to major road networks, facilitating convenient commutes.

In summary, 43 Close Street, Carlisle, CA1 2HB, is a well-presented terraced house Its neutral décor, spacious rooms, and proximity to key city landmarks make it an excellent choice for first-time homeowners and investors seeking a property with promising returns. Whether you're looking to settle into a comfortable home or expand your property portfolio, this residence warrants serious consideration.

In through the uPVC front door to:

Lounge
15' 6'' x 11' 3'' (4.72m x 3.43m) 

Inner Hallway

Modern Fitted Kitchen 
11' 4'' x 9' 5'' (3.45m x 2.87m)

Rear Hallway

Bathroom 
10' 11'' x 5' 7'' (3.32m x 1.70m)

From Inner Hallway upstairs to:

First Floor Landing

Bedroom One 
12' 4'' x 11' 4'' (3.76m x 3.45m)

Bedroom Two 
11' 5'' x 9' 6'' (3.48m x 2.89m)

Services
Mains gas, water, electricity and drainage. Gas central heating. uPVC double glazing. Freehold. Council Tax Band A.

Agent Details

Homesearch Direct, Carlisle

01228 582040

Next Steps?

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