We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CA1 2FD
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** LOW COST HOUSING *** Take a closer look at 35 Richard James Avenue. A beautiful and immaculately presented top floor apartment, presented in pristine order throughout.
Being sold under a Low Cost Housing Scheme, this property would make a great purchase for first time buyers looking to get on to the property ladder.
Conveniently located just off London Road, in this sought after High Grove development.
Accommodation comprises Entrance into Hallway, Lounge with Quality Open Plan Fitted Kitchen, Two Double Bedrooms (Master Bedroom with Ensuite) and a Bathroom.
The property benefits from gas central heating and uPVC double glazing. Externally there is designated off street parking provided for two vehicles. Internal viewing is highly recommended.
In through the oak front door to: Entrance Hallway Nicely presented hallway, intercom phone system, thermostat for central heating, BT open reach master socket, single radiator, oak door leading to a large walk in cloaks cupboard, oak doors to both bedrooms, bathroom and lounge with open plan kitchen.
Lounge 18' 4'' x 14' 4'' (5.58m x 4.37m) A superb lounge with a modern fitted open plan fitted.
Lounge area has decorative coving, LED spotlights to the ceiling, french uPVC doors with fitted blinds offering views over Carlisle, T.V. and telephone points, satellite T.V.
connection, further uPVC double glazed window with fitted blind offering views over Carlisle.
Open Plan Kitchen A quality fitted kitchen with a range of base and wall units, complementary granite worktop, one and a half bowl stainless steel sink and drainer with a mixer tap above, fitted Zanussi electric fan assisted oven and grill, gas hob, stainless steel splashback, extractor canopy above, integrated fridge and freezer, integrated washing machine, breakfast bar, decorative coving, LED spotlights to the ceiling, two velux windows which allow plenty of natural light, cupboard housing the Alpha combi boiler.
Master Bedroom 14' 6'' x 11' 6'' (4.42m x 3.50m) An immaculately presented master bedroom with an ensuite.
Bedroom has access to the loft via pull down ladders, decorative coving, radiator, telephone point, uPVC double glazed windows to the front and side of the property offering views over Carlisle, oak door into: Ensuite 8' 0'' x 5' 4'' (2.44m x 1.62m) Spacious ensuite, double shower cubicle with thermostatic shower and tiled surround, WC, wash hand basin, part tiled walls, LED spotlights to the ceiling, extractor, chrome heated towel ladder, frosted uPVC double glazed window.
Bedroom Two 11' 4'' x 10' 2'' (3.45m x 3.10m) Nicely presented good sized double bedroom, decorative coving, T.V. point, radiator, two uPVC double glazed windows with fitted blinds.
Bathroom 6' 7'' x 5' 0'' (2.01m x 1.52m) Modern bathroom, bath with thermostatic shower and drench unit shower head, WC, wash hand basin, LED spotlights to the ceiling, part tiled walls, tiled flooring, extractor, chrome heated towel ladder.
Outside Designated parking for two vehicles. Services Mains gas, water, electricity and drainage. Gas central heating. uPVC double glazing. Leasehold. 125 years from 1st April 2015.
Maintenance charge is £50.00 per month and includes general maintenance, communal tidy up and windows cleaned, if requested, and buildings insurance. Council Tax Band B.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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.
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FAQ
About 35, Richard James Avenue, Carlisle
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