2-bedroom flat · CA2 7JE
Listing removedListed 38 daysModern Method of Auction 1 Jan · ended
Opportunity summary
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About
SOLD BY MODERN METHOD OF AUCTION. Ideally located off Newtown Road, close to Cumberland Infirmary, is this ground floor flat with parking.
The accommodation comprises entrance hallway, living room, kitchen, two bedrooms and wet room. Externally is an allocated parking space. To the rear is a communal garden.
Situation Conveniently located close to Cumberland Infirmary, and less than 1.5 miles to the City Centre.
Close to regular bus route and many amenities including supermarkets, takeaways, Post Office and convenience stores.
Newtown Primary School is a short walk away and Caldew Lea Primary School is less than half a mile away. The Northern Bypass is approx 1.5 miles away.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
CAR260565/2 Entrance Hall 3.52m x 0.99m Entrance hallway with storage cupboard. Living Room 3.87m x 3.94m Spacious living room with neutral décor and gas fire. Leads to kitchen.
Kitchen 2.14m x 3.07m A range of wall and base units with contrasting worktops, electric oven, electric hob, integral extractor hood, integral washer/dryer, stainless steel sink with mixer tap, partial wall tiling.
Primary Bedroom 3.18m x 2.71m Positioned at the rear of the property with built-in wardrobes. Bedroom 2 2.89m x 2.26m Positioned at the front of the property.
Wet Room 3.21m x 1.67m With shower, sink, WC, storage cupboard, partial wall tiling and wet room flooring. External To the front is an allocated parking space.
To the side, is the entrance. To the rear is a communal garden with hedgerow, lawn and space to sit. Additional Benefits from double glazing and gas heating.
Ground Rent - £30 per annum (due January). Service Charge - £900 per annum (paid for period 1/1/26-31/12/26).
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within (truncated)
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Collin Place, Newtown Road, Carlisle, Cumbria, CA2
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