2-bedroom terraced house · CA14 2BS
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this two-bedroom home presents an excellent opportunity for investors, developers or buyers looking to create a home tailored to their own taste.
Requiring full modernisation throughout, the property offers fantastic potential and should not be missed.
Conveniently situated within walking distance of Workington town centre, the property enjoys easy access to a wide range of shops, amenities and excellent transport links, making it an ideal location for a variety of buyers.
The accommodation briefly comprises an entrance hallway, a cosy living room, a dining room which is open to the living room via an archway, and a kitchen.
To the first floor are two well-proportioned bedrooms and a spacious family bathroom.
Externally, the property benefits from an enclosed rear hard-standing yard, providing a low-maintenance outdoor space.
Offering superb potential in a convenient location, this property is an ideal project for those looking to renovate and add value. Viewing is highly recommended.
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.
WHV260578/2 Entrance Hallway Welcoming entrance, with stairs leading to the first floor.
Living Room 4.31m x 3.13m Spacious living room, centred by a feature fireplace- creating a cosy atmosphere. Access to the understairs cupboard provides convenient storage space.
Dining Room 3.18m x 3.01m With an open archway connecting from the living room, creating a seamless flow between living areas, the dining room offers space to comfortably accommodate a four to six-seater table.
Kitchen 3.47m x 2.48m Offering a range of fitted units, with wood effect countertop and tiled backsplash. An external door provides access to the rear yard.
First Floor With landing and access to the attic, provided by a loft hatch. Bedroom 1 3.96m x 3.14m Spacious double bedroom. Bedroom 2 4.33m x 2.26m Small double bedroom.
Bathroom 3.48m x 2.48m Generous family bathroom, benefitting from a bath, separate enclosed shower cubicle, w/c, wash hand basin. A fitted storage cupboard houses the gas boiler.
Outside To the rear of the property, is the L-shaped enclosed yard. Hardstanding and designed for ease of upkeep, the yard would make an ideal space to sit out and relax in the warmer months.
A gate provides external rear access. Agents Notes The property benefits from gas heating and double glazing.
Parking for the property is on-street, via a residents permit, which can be obtained from the Cumberland Council.
Due to the circumstances of the sale, All services/appliances have not and will not be tested. We have also been unable to obtain detailed information about the property.
Buyers are advised to make their own enquiries and satisfy themselves, as well as their mortgage lender, regarding all aspects of the property.
Please speak to a member of the team for further clarification.
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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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Chapel Street, Workington, Cumbria, CA14
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