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See how verdicts work2-bedroom bungalow · CA7 9AS
Sold STCReduced £9k (−3.5%) on 9 OctListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brand New Detached Bungalow – Stylish, Energy Efficient and Ready to Move Into A fantastic opportunity to acquire this beautifully finished, newly built detached bungalow, situated in the popular market town of Wigton, Cumbria.
Completed to a high standard and ready for immediate occupation, this superb home combines contemporary design, generous accommodation and modern energy efficient technology, making it an ideal choice for those looking for a comfortable and low maintenance home.
The property has been thoughtfully designed to provide bright, spacious and versatile living accommodation, with the heart of the home being the impressive open plan Living/Dining/Kitchen.
This generous space provides an excellent setting for relaxing, dining and entertaining, with the modern kitchen forming a stylish focal point.
The kitchen is finished to a high standard and benefits from a range of integral appliances, providing both practicality and a sleek contemporary finish.
There are two well proportioned double bedrooms, offering comfortable accommodation for residents and guests alike.
The principal bedroom benefits from the added convenience of a Jack and Jill bathroom arrangement, providing direct access to the bathroom and an additional level of privacy and practicality.
The bathroom is particularly impressive and has been designed as a luxurious four piece suite.
It includes a walk-in shower, twin wash hand basins and a freestanding bath, creating a stylish and relaxing space with both functionality and comfort in mind.
Externally, the property benefits from its own private garden and patio area, providing an attractive outdoor space for enjoying the warmer months, entertaining or simply relaxing.
The garden will be turfed ready for the new owners, allowing the property to be enjoyed from the outset with minimal work required. There is also allocated parking, adding further convenience.
The bungalow also benefits from modern energy saving technology, including an air source heat pump and solar panels, helping to create a more energy efficient home and potentially reduce ongoing energy consumption.
The property is situated in Wigton, a well established and attractive market town in the north of Cumbria.
Steeped in history, Wigton offers a good range of everyday amenities including independent shops, cafés, pubs, restaurants and local services, together with schools and leisure facilities.
The town provides a pleasant balance between town living and easy access to the beautiful Cumbrian countryside.
Its location also makes it an excellent base for exploring the wider area, with the stunning landscapes of the Lake District and Solway Coast within easy reach.
Wigton is also conveniently positioned for access to Carlisle and the surrounding towns and villages, making it an appealing location for those who want a quieter setting while retaining good access to larger centres for work, shopping and leisure.
EPC Rating: B Living/Dining/Kitchen (6.10m x 3.53m) Bedroom (4.93m x 3.48m) Bedroom (3.61m x 3.38m) Bathroom (4.78m x 2.08m) Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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.
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About Summer Creek Laurel Terrace, Wigton
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