2 Bed Terraced House, Single Let, Carlisle, CA2 4EW, £80,000

Gloucester Road, Currock, Carlisle, CA2 4EW - 24 days ago

Sold STC
BTL
ROI: 8%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£48.5K - £130K
Sold Prices/m²£735/m² - £1.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£78,260

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£500 - £995

Rent Estimate

£550

Running Costs/mo

£380

Cashflow/mo

£170

Cashflow/yr

£2,040

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £48.5K to £130K, average is £85K. £735/m² to £1.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£63K06/210 mi51, Gloucester Road, Carlisle, Cumbria CA2 4EW2
£72.5K04/230.02 mi28, Harrison Street, Carlisle, Cumberland CA2 4EP2
£85K07/210.02 mi18, Harrison Street, Carlisle, Cumbria CA2 4EP2
£57.5K04/210.02 mi38, Harrison Street, Carlisle, Cumbria CA2 4EP2
£90K11/200.05 mi25, Esther Street, Carlisle, Cumbria CA2 4HA2
£80K11/210.05 mi25, Esther Street, Carlisle, Cumbria CA2 4HA2
£95K06/230.05 mi35, Esther Street, Carlisle, Cumberland CA2 4HA2
£110K11/200.05 mi28, Esther Street, Carlisle, Cumbria CA2 4HA2
£85K01/230.05 mi2, Regent Street, Carlisle, Cumbria CA2 4HD2
£85K05/230.07 mi80, Harrison Street, Carlisle, Cumberland CA2 4ER2
£75.5K02/230.07 mi5, Robinson Street, Carlisle, Cumbria CA2 4ES2
£100K03/210.08 mi34, Clementina Terrace, Carlisle, Cumbria CA2 4EN2
£116K02/230.12 mi7, Arthur Street, Carlisle, Cumbria CA2 4AN2
£56K04/210.16 mi13, Boundary Road, Carlisle, Cumbria CA2 4HH2
£85K05/230.17 mi3, Hasell Street, Carlisle, Cumberland CA2 4HB2
£130K09/210.19 mi32, Grasmere Street, Carlisle, Cumbria CA2 4AR2
£125K04/230.28 mi88, Boundary Road, Carlisle, Cumberland CA2 4HT2
£115K07/210.28 mi88, Boundary Road, Carlisle, Cumbria CA2 4HT2
£125K07/230.29 mi21, Red Bank Terrace, Carlisle, Cumberland CA2 4BD2
£128.3K11/200.29 mi48, Currock Road, Carlisle, Cumbria CA2 4BJ2
£68K04/210.3 mi2, David Street, Carlisle, Cumbria CA1 2LR2
£83K04/210.33 mi9, Coney Street, Carlisle, Cumbria CA2 4BQ2
£71K03/230.33 mi10, Coney Street, Carlisle, Cumberland CA2 4BQ2
£89K06/230.33 mi9, Coney Street, Carlisle, Cumberland CA2 4BQ2
£71K06/210.34 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£71K06/210.34 mi38, Alexander Street, Carlisle, Cumbria CA1 2LH2
£74.3K04/210.34 mi21, Alexander Street, Carlisle, Cumbria CA1 2LH2
£95K04/230.34 mi31, Alexander Street, Carlisle, Cumberland CA1 2LH2
£70K06/230.34 mi8, Orchard Street, Carlisle, Cumberland CA1 2JL2
£85K03/230.34 mi26, Thomson Street, Carlisle, Cumbria CA1 2LW2
£75K11/210.34 mi14, Thomson Street, Carlisle, Cumbria CA1 2LW2
£81.5K10/210.34 mi59, Thomson Street, Carlisle, Cumbria CA1 2LW2
£95K04/230.34 mi64, Thomson Street, Carlisle, Cumberland CA1 2LW2
£60K10/210.34 mi42, Oswald Street, Carlisle, Cumbria CA1 2LU2
£88K08/210.34 mi1, Maitland Street, Carlisle, Cumbria CA2 4ED2
£70K03/230.35 mi34, Lindisfarne Street, Carlisle, Cumberland CA1 2ND2
£88.5K03/230.35 mi50, Lindisfarne Street, Carlisle, Cumbria CA1 2ND2
£88K03/230.37 mi37, Flower Street, Carlisle, Cumberland CA1 2JN2
£75K02/230.37 mi49, Flower Street, Carlisle, Cumbria CA1 2JN2
£83K05/210.4 mi53, Alexander Street, Carlisle, Cumbria CA1 2LJ2
£75K08/210.41 mi67, Thomson Street, Carlisle, Cumbria CA1 2LP2
£75K11/200.41 mi72, Thomson Street, Carlisle, Cumbria CA1 2LP2
£87K05/210.41 mi5, Upperby Way, Carlisle, Cumbria CA2 4GJ2
£92.5K03/230.42 mi13, Lediard Avenue, Carlisle, Cumberland CA2 4BP2
£88.5K10/200.42 mi20, Edward Street, Carlisle, Cumbria CA1 2JE2
£100K07/230.45 mi15, South Street, Carlisle, Cumberland CA1 2EW2
£123K03/230.45 mi11, Herbert Street, Carlisle, Cumberland CA1 2QE2
£72K01/210.46 mi17, Delagoa Street, Carlisle, Cumbria CA1 2LZ2
£85K03/210.46 mi15, Delagoa Street, Carlisle, Cumbria CA1 2LZ2
£48.5K01/230.46 mi24, Linton Street, Carlisle, Cumbria CA1 2LY2

Local Rents

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

RentDateDistanceAddressBeds 
£67508/240.03 mi-2
£50002/230.03 mi-2
£52512/240.03 mi-2
£59505/240.06 mi-2
£67503/240.17 miHasell Street, Carlisle2
£69504/240.23 miThirlmere Street, Carlisle2
£72505/240.27 miMayson Street, Carlisle, CA22
£72505/240.27 mi-2
£52504/240.27 miMontreal Street, Currock2
£65004/240.29 mi-2
£65004/240.29 miMontreal Street, Carlisle2
£65004/240.29 miMontreal Street, Carlisle2
£65004/240.29 miMontreal Street, Carlisle2
£79511/240.29 mi-2
£51002/240.34 mi-2
£53001/250.34 mi-2
£65005/240.34 miAlexander Street, Carlisle, CA12
£65003/240.38 miLindisfarne Street, Carlisle, Cumbria, CA12
£62503/240.41 miThomson Street2
£62503/240.41 miBlackwell Road, Carlisle2
£62504/240.41 miBlackwell Road, Carlisle2
£85003/240.42 miHazel Grove, Harraby Green, Carlisle2
£67509/240.42 mi-2
£67509/240.42 mi-2
£67509/240.42 mi-2
£60003/240.44 miLindisfarne Court, Carlisle, CA12
£99503/250.47 mi-2
£62504/240.47 miSybil Street, Carlisle, CA12
£67504/240.49 miSybil Street, Carlisle, CA12
£52505/240.51 mi84 Charles Street, Carlisle2
£62503/240.53 miBlackwell Road, Carlisle2
£69503/240.53 miChertsey Grove, off London Road, Carlisle2
£60004/240.54 miGreystone Road, Carlisle, CA12
£55003/240.55 miGarfield Street, Carlisle, Cumbria, CA22
£62505/240.55 miHope Street, Denton Holme, Carlisle2
£62512/240.55 miHope Street, Denton Holme, Carlisle2
£62506/240.6 mi-2
£62505/240.6 miRaven Street, Carlisle, CA12
£62505/240.6 miRaven Street, Carlisle, CA12
£65003/240.6 miCaldew Maltings, Denton Holme, Carlisle2
£60003/240.61 mi8 East Norfolk Street, CA22
£57003/240.62 miGrange Road, London Road, Carlisle2

Local Area Statistics

Population in CA2

39,646

Population in Carlisle

103,015

Town centre distance

1.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £80,000

March 12, 2025

Description

  • Terraced property +
  • Popular residential area +
  • 2 bedrooms +
  • GF bathroom +
  • 1 reception +
  • Rear yard +
  • Ideal first time buy or investment +
  • No onward chain +

Ideally suited to the first time buyer or buy to let investor, a two double bedroom, one bathroom mid terraced property situated within close proximity to local shops and the city centre. The double glazed and central heated accommodation comprises of lounge with electric fire, spacious dining kitchen with breakfast bar and access to the rear yard, and a three piece ground floor bathroom. To the first floor there are two double bedrooms with fitted storage to the master. Externally there is on street parking and a rear walled yard.  The property has been successfully rented for several years with an approximate rental valuation of £550 pcm. Sold with the benefit of no onward chain. The accommodation with approximate measurements briefly comprises: Entry via UPVC door into lounge.

Agent Details

Cumbrian Properties, Carlisle

01228 276406

Next Steps?

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