2 Bed Terraced House, Single Let, Workington, CA14 2XZ, £65,000

Clay Street, Workington, CA14 2XZ - 7 months ago

Sold STC
BTL
ROI: 12%
~64 m²
+3 photos

ValuationFair Value

Sold Prices£35K - £125K
Sold Prices/m²£449/m² - £1.9K/m²

 

 

Square Metres

~64.44 m²
Price/m²£1K/m²

Value Estimate

£66,142

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Total Cash In

£19,400

 

 

Cash Out

 

Rent Range

£470 - £750

Rent Estimate

£525

Running Costs/mo

£328

Cashflow/mo

£197

Cashflow/yr

£2,363

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £35K to £125K, average is £78.3K. £449/m² to £1.9K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£82K07/230 mi14, Clay Street, Workington, Cumberland CA14 2XZ2
£59K10/200.01 mi41, Lonsdale Street, Workington, Cumbria CA14 2YD2
£54.5K05/210.02 mi18, Milburn Street, Workington, Cumbria CA14 2XT2
£35K03/210.02 mi33, Milburn Street, Workington, Cumbria CA14 2XT2
£60K03/230.03 mi47, Lonsdale Street, Workington, Cumberland CA14 2YD2
£68K11/210.05 mi1, Harcourt Street, Workington, Cumbria CA14 2XL2
£78.5K04/230.06 mi26, Gladstone Street, Workington, Cumberland CA14 2XH2
£81K12/220.06 mi10, Harcourt Street, Workington, Cumbria CA14 2XL2
£67K05/230.06 mi6, Fletcher Street, Workington, Cumberland CA14 2XW2
£100K06/230.11 mi62, Corporation Road, Workington, Cumberland CA14 2PQ2
£80K10/210.11 mi36, Findlay Place, Workington, Cumbria CA14 2XG2
£61K10/200.17 mi27, Yeowartville, Workington, Cumbria CA14 2BY2
£70K06/210.18 mi9, Duke Street, Workington, Cumbria CA14 2HW2
£56.5K01/210.19 mi22, Yeowartville, Workington, Cumbria CA14 2BX2
£58K07/230.19 mi6, Yeowartville, Workington, Cumberland CA14 2BX2
£47K12/200.2 mi1, Yeowartville, Workington, Cumbria CA14 2BU2
£45K04/230.2 mi52, Napier Street, Workington, Cumberland CA14 2PU2
£50K08/230.2 mi6, Bolton Street, Workington, Cumberland CA14 2SL2
£61K10/210.23 mi15, James Street, Workington, Cumbria CA14 2DF2
£85.5K07/230.23 mi15, James Street, Workington, Cumberland CA14 2DF2
£80K12/200.23 mi21, James Street, Workington, Cumbria CA14 2DF2
£80K02/230.24 mi9, Chapel Street, Workington, Cumbria CA14 2BS2
£82K12/220.27 mi95, Bolton Street, Workington, Cumbria CA14 2SW2
£68K02/230.27 mi90, Bolton Street, Workington, Cumbria CA14 2SW2
£78K11/200.3 mi6, Cumberland Street, Workington, Cumbria CA14 2SP2
£58K03/210.3 mi18, Vulcans Lane, Workington, Cumbria CA14 2NW2
£65K03/210.3 mi71, Vulcans Lane, Workington, Cumbria CA14 2NW2
£94.5K02/210.32 mi39, Vulcans Lane, Workington, Cumbria CA14 2NR2
£77K12/200.32 mi69, Victoria Road, Workington, Cumbria CA14 2QU2
£86K02/210.32 mi110, Victoria Road, Workington, Cumbria CA14 2QU2
£40K06/210.32 mi17, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K01/230.32 mi29, Cumberland Street, Workington, Cumbria CA14 2QP2
£80K11/200.32 mi22, Cumberland Street, Workington, Cumbria CA14 2QP2
£93K04/210.32 mi72, Cumberland Street, Workington, Cumbria CA14 2QP2
£100K06/230.32 mi80, Cumberland Street, Workington, Cumberland CA14 2QP2
£91.5K06/210.33 mi8, Albert Street, Workington, Cumbria CA14 2QH2
£75K12/220.33 mi34, Victoria Road, Workington, Cumbria CA14 2QT2
£78K12/220.33 mi3, Warwick Place, Workington, Cumbria CA14 2BQ2
£60K07/210.33 mi14, Victoria Road, Workington, Cumbria CA14 2QT2
£90K09/210.33 mi21, Victoria Road, Workington, Cumbria CA14 2QT2
£80K07/230.33 mi29, Victoria Road, Workington, Cumberland CA14 2QT2
£96.5K08/210.34 mi20, Brayton Street, Workington, Cumbria CA14 2NP2
£78K06/210.34 mi43, Brayton Street, Workington, Cumbria CA14 2NP2
£100K03/230.34 mi17, Brayton Street, Workington, Cumberland CA14 2NP2
£91.5K10/210.35 mi19, Vulcans Lane, Workington, Cumbria CA14 2NU2
£120K04/210.36 mi94, Gray Street, Workington, Cumbria CA14 2NH2
£125K02/230.36 mi94, Gray Street, Workington, Cumbria CA14 2NH2
£94K06/230.37 mi3, Pearson Street, Workington, Cumberland CA14 2QR2
£83K03/230.37 mi25, Pearson Street, Workington, Cumberland CA14 2QR2
£75K03/210.39 mi1, Pilgrim Street, Workington, Cumbria CA14 2RA2

Local Rents

23 rents from £470/mo to £750/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£47002/240.02 mi-2
£55003/240.03 miLonsdale Street, Workington, CA142
£75009/240.04 mi-2
£56504/240.06 miGladstone Street, Workington2
£52502/240.21 mi-2
£57503/240.27 miBolton Street, Workington2
£55003/240.27 miBolton Street, Workington, Cumbria, CA14 2SW2
£50010/240.31 mi-2
£59503/240.31 miHunter Street, Workington2
£75003/250.36 mi-2
£57003/240.36 miGray Street, Workington2
£57511/230.37 mi-2
£62511/240.37 mi-2
£61003/240.38 miVictoria Road, Workington, CA142
£62502/240.4 mi-2
£69503/250.4 mi-2
£65003/250.41 mi-2
£69503/250.42 mi-2
£62505/240.44 miFrostoms Road, Workington2
£65010/240.45 mi-2
£55003/240.47 miIslay Place, Workington, CA142
£52504/240.47 mi-2
£60004/240.49 miAshton Street, Workington2

Local Area Statistics

Population in CA14

35,826

Population in Workington

35,830

Town centre distance

0.75 miles away

Nearest school

0.10 miles away

Nearest train station

0.13 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £65,000

August 30, 2024

Floor Plans

Description

  • For sale with no forward chain +
  • New carpets throughout +
  • Interchangeable reception rooms +
  • Boasts a modern kitchen +
  • Two spacious double bedrooms +
  • Walking distance to town centre +
  • Excellent transport links +
  • Ideal for first time buyers +

This property offers excellent value for money and would be an ideal investment opportunity. The property, which is sold with no forward chain, has been tastefully decorated throughout and boasts new carpeting and a new kitchen you would simply need to unpack. Just a five-minute walk and you will find yourself at the train station and ten minutes, you will find yourself in the town centre. The property features a vestibule, which leads through to a good sized hallway. From here there is access to the first spacious and well presented reception room, which would make an ideal dining room or home office. At the end of the hall, there is access to the larger of the two reception rooms and this room also leads through to the modern kitchen. Beyond the kitchen, there is a rear hall which leads out to the yard and also the downstairs bathroom suite. To the first floor, you will find two spacious double bedrooms, one benefiting from a built-in storage cupboard. To see the value for money this property offers, get in touch and arrange a viewing.

Agent Details

First Choice Move, Lillyhall

01946 552543

Next Steps?

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