Land
For saleListed 5 days
Opportunity summary
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About
Two building plots available with lapsed planning permission for a mid and end terrace property, situated on the land where The Pedestrian Arms once stood, on Newtown Road, Carlisle.
Planning was for two plots with three bedroom properties incorporating entrance hallway, living room, kitchen and cloakroom. First floor has two bedrooms and bathroom.
Second floor offers a bedroom with en-suite shower room.Situated within walking distance to many local amenities including convenience store, takeaway, Post Office and Sainsbury's supermarket.
Entrance road to Cumberland Infirmary a short walk away. Carlisle City Centre approx one mile away. Regular bus routes close by.
Caldew Lea, Newtown and St Bede's Primary Schools less than half a mile away. Belle Vue Primary School one mile away.
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.
CAR260740/8 Description Exciting Development Opportunity – Former Planning Permission for Two Three-Bedroom Dwellings with parking.
An excellent opportunity for developers, builders or investors to explore the potential for a residential development, with previous planning permission for the construction of two spacious, three-bedroom, three-storey dwellings.
The proposed plans illustrate two well-designed homes, each offering generous accommodation across three floors.
The ground floor of each property comprises a spacious living room, kitchen, entrance hallway and WC.
The first floor provides two double bedrooms and a family bathroom, whilst the second floor offers an impressive principal bedroom with en-suite shower room, together with additional storage space.
The thoughtfully designed layouts provide an attractive opportunity to create two modern family homes, making this an appealing prospect for developers seeking their next project.
Planning Information Planning permission (truncated)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 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 Newtown Road, Cumbria
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