2-bedroom house · CA2 5TN
For saleReduced £12.5k (−13.9%) on 9 SepListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Can You Get A Better btl Location? This two bedroom terrace is only a short walk from the City Centre.
Property ref: KD0516 Situated just off Wigton Road, the property is well placed for everyday amenities.
Local shops, supermarkets and takeaways are within easy reach, while Carlisle’s main shopping streets and The Lanes Shopping Centre are a short distance away, providing a wide choice of retail and services.
For those who enjoy green space, nearby parks offer room for walking, cycling and play, with larger open areas and riverside walks accessible within a short drive or bus ride.
Families will appreciate the selection of nearby schools serving different age groups, making the location suitable for those looking to settle in the area.
Public transport links are a particular advantage.
Carlisle railway station is accessible by bus or car, offering routes towards Newcastle, Glasgow and Manchester, with services to London via connections.
Regular local bus services run through surrounding streets, providing straightforward journeys into the city centre and other parts of Carlisle.
This terraced house may suit **first-time buyers** looking to get on the property ladder, as well as **investors** seeking a rental option in a location with good access to amenities, schools and transport.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About 49, Rigg Street, Carlisle
Explore nearby