3-bedroom semi-detached house · CA14 5JB
Listing removedListed 70 daysAuction 10 Sep · ended
Opportunity summary
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About
GUIDE PRICE £45,000+ FOR SALE BY PUBLIC AUCTION ON THURSDAY 10TH SEPTEMBER 2026 AT THE HALSTON HOTEL, CARLISLE.
For bidder registration, please visit auctionhousecumbria.co.uk Semi-detached house for modernisation on large plot A three bedroomed semi-detached house occupying a larger than average garden plot.
The property is in need of modernisation, some work has started, but offers great potential and comprises:- hall, two reception rooms, kitchen, three bedrooms and bathroom upstairs, front garden and long rear garden - see title plan.
What3words location ///tried.glaze.radiators Ground Floor Hall Sitting Room 13'9 x 12' Living Room 10'6 x 9'9 Kitchen 10'6 x 9'9 Side Porch First Floor Rear Bedroom 7'9 x 7'3 Bathroom 8'9 x 5'6 Front Bedroom 10'3 x 10' Front Bedroom 13'3 x 12' max Outside Front garden and long rear garden - see title plan.
Tenure: See Legal Pack EPC Rating: F Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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
Agent & docs
FAQ
About 15 Grasmoor Road, Salterbeck, Workington, Cumbria CA14 5JB
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