2 Bed Terraced House, Single Let, Workington, CA14 5TE, £78,000

Church Road, Distington, Workington, CA14 5TE - a month ago

BTL
ROI: 9%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£37K - £220K
Sold Prices/m²£602/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£86,194
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£24,600

 

 

Cash Out

 

Rent Range

£500 - £1,150

Rent Estimate

£548

Running Costs/mo

£373

Cashflow/mo

£175

Cashflow/yr

£2,096

ROI

9%

Gross Yield

8%

Local Sold Prices

40 sold prices from £37K to £220K, average is £85K. £602/m² to £3.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£97K06/230.04 mi3, Church Road, Distington, Workington, Cumberland CA14 5TD2
£170K11/200.05 miKilnside Bungalow, Kilnside, Distington, Workington, Cumbria CA14 5TN2
£145K08/230.16 mi2, Distington Park, Distington, Workington, Cumberland CA14 5UN2
£55K12/210.18 mi11, Central Avenue, Distington, Workington, Cumbria CA14 5XB2
£157.9K04/210.34 mi6, Prospect View, Distington, Workington, Cumbria CA14 5XN2
£150K01/230.34 mi15, Prospect View, Distington, Workington, Cumberland CA14 5XN2
£80K01/210.53 mi17, Boot Brow, Distington, Workington, Cumbria CA14 5XR2
£90K04/210.59 mi45, Common End, Distington, Workington, Cumbria CA14 5XT2
£63K08/210.59 mi37, Common End, Distington, Workington, Cumbria CA14 5XT2
£125K02/230.64 mi2, Furnace Row, Distington, Workington, Cumbria CA14 4NZ2
£158K09/211 mi85, Broadacres, High Harrington, Workington, Cumbria CA14 5RN2
£75K12/221 mi5, Keys Brow, High Harrington, Workington, Cumbria CA14 5RR2
£160K02/231.03 mi43, Broadacres, High Harrington, Workington, Cumbria CA14 5RL2
£190K02/231.03 mi17, Broadacres, High Harrington, Workington, Cumbria CA14 5RL2
£180K02/231.12 mi1, Bannatyne Drive, High Harrington, Workington, Cumberland CA14 4LQ2
£148K06/211.18 mi76, Main Road, High Harrington, Workington, Cumbria CA14 4LT2
£143K02/211.18 mi46, Main Road, High Harrington, Workington, Cumbria CA14 4LT2
£193K03/231.18 mi12, Seadown Drive, High Harrington, Workington, Cumbria CA14 4NE2
£74K11/211.32 mi2, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£62K04/211.32 mi4, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£67.5K08/211.32 mi10, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£67.5K02/211.32 mi4, Melbourne Terrace, High Harrington, Workington, Cumbria CA14 5PQ2
£69K12/201.33 mi42, Pica Cottages, Pica, Workington, Cumbria CA14 4QB2
£37K12/221.33 mi55, Pica Cottages, Pica, Workington, Cumbria CA14 4QA2
£220K12/221.33 miJandale, Scaw Road, High Harrington, Workington, Cumbria CA14 4LY2
£90K06/211.35 mi27, Main Road, High Harrington, Workington, Cumbria CA14 5PE2
£77K07/211.37 mi71, Pica Cottages, Pica, Workington, Cumbria CA14 4QD2
£65K10/211.37 mi72, Pica Cottages, Pica, Workington, Cumbria CA14 4QD2
£143.8K02/211.55 mi47, Moorclose Road, Harrington, Workington, Cumbria CA14 5LB2
£80K04/231.67 mi15, Mountain View, Harrington, Workington, Cumberland CA14 5JX2
£95K03/211.69 mi2, Ghyll Bank, Lowca, Whitehaven, Cumbria CA28 6QJ2
£96K10/211.69 mi3, Ghyll Bank, Lowca, Whitehaven, Cumbria CA28 6QJ2
£156K02/211.71 mi3, Commongate, Low Moresby, Whitehaven, Cumbria CA28 6RX2
£58.5K11/211.73 mi32, Coronation Drive, Salterbeck, Workington, Cumbria CA14 5LS2
£77.5K02/231.84 mi7, East Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PY2
£66K10/201.85 mi16, East Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PY2
£70K10/211.87 mi15, West Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PX2
£70K08/211.87 mi17, West Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PX2
£67.5K06/231.87 mi10, West Croft Terrace, Lowca, Whitehaven, Cumberland CA28 6PX2
£70.7K12/221.88 mi23, West Croft Terrace, Lowca, Whitehaven, Cumbria CA28 6PX2

Local Rents

28 rents from £500/mo to £1.1K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£69505/240.25 mi-3
£69505/240.25 mi-3
£69504/241.06 miWhins Close, Harrington, Workington, CA143
£52002/241.33 mi-3
£57504/241.33 miPica Cottages, Pica, Workington2
£80003/241.35 miRuskin Close, High Harrington, Workington, CA142
£57505/241.45 mi-2
£57504/241.45 miBurnside, Harrington, Workington, CA142
£80003/241.5 miBellaport Gardens, Harrington, Workington, CA14 5QX4
£75001/251.5 mi-4
£59503/241.52 mi-2
£59503/241.52 miPrimrose Crescent, Harrington, Workington, CA142
£79503/241.66 mi-3
£79512/241.66 mi-3
£79503/241.66 miMountain View, Harrington, Workington, CA143
£50004/241.7 miLow Moresby, Whitehaven, Cumbria, CA281
£65003/241.71 miLow Moresby, Whitehaven, CA281
£85007/241.74 mi-3
£75009/241.93 mi-3
£1,15009/242.06 mi-3
£62505/242.1 miNeedham Drive, Workington, CA142
£57503/242.24 miMoss Bay Road, Workington, CA142
£57503/242.24 miMoss Bay Road, Workington, CA142
£70001/252.26 mi-3
£77503/242.33 miTivoli Cottages, Moresby, CA283
£75003/242.35 miChaucer Road, Workington3
£62504/252.38 mi-2
£57504/242.42 miMoss Bay Road, Workington3

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

2.68 miles away

Nearest school

0.60 miles away

Nearest train station

1.48 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £78,000

March 15, 2025

Floor Plans

Description

  • An affordable mid-terrace in a handy village location +
  • Just a couple of doors down from the primary school, community centre & park +
  • Ideal first home or ready-to-go rental investment +
  • Two reception rooms +
  • Fitted kitchen leading out to a south-facing rear yard +
  • Two good-sized bedrooms plus upstairs bathroom +
  • Chain free — making your move quicker & easier +
  • Semi-rural village location, ideal for bringing up young kids +
  • It’s still only a short drive to Workington & Whitehaven, with Burger King and Starbucks just 2 minutes away! +
  • Surrounded by countryside and perfect if you like getting out to the National Park +

Move In, Lie In And Forget The School Run. This affordable mid terrace is right by the primary school, community centre and the park. Chain free - it’s an ideal first home or a brilliant BTL with built-in tenant appeal, thanks to the handy location. If you’re after a first home where the location makes life easier (and mornings much calmer), this affordable mid-terrace could be perfect. Just a couple of doors down from the primary school (rated “Good” by Ofsted), the community centre and the park, it’s perfectly placed for young families.  There’s even a handy Morrisons Daily and a cracking chippy close by - perfect for those nights when you really can’t be bothered cooking. The house itself is ready to move into, with a classic two up, two down layout.  You’ll have two spacious reception rooms, a kitchen leading out to the yard, and two decent sized bedrooms upstairs, along with the bathroom. The south facing back yard is a proper little suntrap - ideal for sitting out with a cuppa. Distington has a friendly, semi-rural village feel. But you’re actually just off the A595. That means you can drive to Workington or Whitehaven in less than 15 minutes. Unless you need to go there for work you may not need to head into town too often.  Distington has everything you’ll need day-to-day, with a Morrison’s Daily, a sandwich shop, a chippy and doctors surgery. There’s even a Burger King and a Starbucks at the nearby A595 roundabout. And if you like getting out into the countryside, the village is surrounded by open fields to explore. Ennerdale Water is only 25 minutes drive (or a 10 mile bike ride) away. This could be perfect if you’re looking for an affordable first home or a ready-to-let investment. There’s no forward chain, so this place will be ready when you are. Make sure you don’t miss your chance to see it for yourself - call  today to arrange a viewing.

Agent Details

Mark Buchanan Property Group, Powered by eXp UK, Workington

01900 510697

Next Steps?

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