2-bedroom flat · CA3 0AQ
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented and spacious two bedroom, ground floor apartment with gardens, offered to the market in excellent condition throughout, sought after location to the North of the city centre, close to local amenities and benefitting from easy transport links.
Enjoying a bright and airy feel with views to the garden, the accommodation includes a spacious living room with patio doors to the rear, a well-appointed dining kitchen with integrated appliances, two good-sized bedrooms, an en-suite shower room to the master bedroom, and a generous family shower room.
Allocated parking with side gate access in a secure residents only area.
Reiver Place has a secure telecom entry system, making it an ideal choice for those seeking a low-maintenance and easy-living home.
Perfectly suited to buyers looking for a property that is ready to move straight into, this excellent apartment is positioned within a sought-after area of Carlisle, with a superb range of amenities and transport links close by.
Early viewing is highly recommended.
Situated to the north of Carlisle, this is a highly desirable and well-established location, favoured for its excellent range of nearby amenities and superb transport connections.
Everyday conveniences are particularly well catered for, with asda, M&S Foodhall and Next Home at Kingstown Retail Park, together with Morrisons, Aldi, Home Bargains, Bannatynes Health Club & Spa, North Carlisle Medical Practice and The Gosling Bridge Inn all within easy reach, while Carlisle city centre provides a wider selection of shopping, dining and social amenities.
The area is also well placed for schooling and day-to-day family life, with Carlisle railway station easily accessible for those travelling further afield.
For commuters, the M6 at Junction 44, the A69 and the city bypass are all conveniently close by, making travel throughout the region and beyond both straightforward and efficient Entrance Hall Living Room (3.35m x 3.66m) Dining Kitchen (4.11m x 3.33m) Bedroom One (3.02m x 3.76m) En-Suite Shower Room Bedroom Two (3.1m x 2.26m) Shower Room 1.88m x 8
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.
Area
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About 1, Reiver Place, Cumbria
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