2-bedroom terraced house · CA14 3UA
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a quiet residential street with easy access to Workington town centre, local schools, shops, amenities and excellent transport links, this two-bedroom terraced home presents an ideal opportunity for first-time buyers or investors seeking a buy-to-let property.
Offered to the market with no onward chain, the property provides fantastic potential for a new owner to modernise and add their own personal touch.
The accommodation briefly comprises an entrance vestibule leading into a spacious open-plan living and dining room, creating a welcoming and versatile living space.
To the rear is the kitchen, along with a convenient utility room and a ground floor bathroom. To the first floor are two generous double bedrooms.
Externally, the property enjoys an enclosed patio-style garden, designed for ease of maintenance and providing the perfect spot to sit and relax during the warmer months.
Combining excellent potential with a convenient location and no onward chain, this is a fantastic opportunity not to be missed.
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.
WHV260403/2 Entrance Vestibule 1.04m x 0.94m Welcoming entrance to the home, with door leading to the living/dining room.
Living/Dining Room 7.59m x 3.98m Spacious, open plan living/dining room, with stairs leading to the first floor- dividing the space into two distinctive zones.
The living area is centred by a feature fireplace with multi-fuel stove and floating wood mantle, creating an inviting and cosy atmosphere.
The dining area, currently styled as a second sitting area, would comfortably accommodate a four to six-seater dining table.
Kitchen 3.74m x 2.33m Offering a range of shaker style fitted units, with butcher block effect countertops and complementary tiled backsplash.
an external door provides direct access to the rear garden.
Utility Room 2.15m x 1.45m Convenient utility room, with fitted base unit, butcher block effect countertop and plumbing for a washing machine.
Bathroom 2.39m x 2.08m Ground floor bathroom, benefitting from a bath, separate shower cubicle, w/c and wash hand basin. First Floor With landing.
Bedroom 1 4.01m x 3.42m Spacious double bedroom, with convenient over stairs storage cupboard. Bedroom 2 4m x 3m Good-sized double bedroom, currently styled as a home art studio.
Outside To the rear of the property, is the enclosed patio style garden. Low maintenance and designed for ease of up-keep, making it ideal for sitting and relaxing in the warmer months.
A small, brick built outbuilding provides ideal storage/shed space and a gate provides external rear access to the property.
Agents Notes The property benefits from gas heating and double glazing. Parking for the property is on-street.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About Cranbourne Street, Workington, Cumbria, CA14
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