5-bedroom semi-detached house · CA4 8FH
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to acquire a substantial part-completed three-storey property, offered for sale “as seen” and ideal for buyers looking to create a home finished to their own specification.
The layout includes a wide entrance hall, front living room, large open-plan kitchen/diner with bi-fold doors, five bedrooms, space for three bathrooms and a paved driveway.Completion works are required Offered for sale “as seen” and part completed, this substantial property presents an excellent opportunity for buyers seeking a project with considerable potential.
Requiring completion throughout, the property offers generous and flexible accommodation arranged over three floors, with much of the internal layout already in place.
Works required include second fix electrics and plumbing, along with the installation of a kitchen and bathroom suites.
Plumbing is understood to be in situ, providing a useful starting point for the remaining works.
Once completed, the property has the scope to create an impressive family home finished to the new owner’s own specification.
The accommodation includes a wide entrance hall with staircase access to the upper floors.
There is a good-sized living room to the front, while to the rear is a spacious open-plan kitchen/dining area with bi-fold doors leading out to the garden, offering an attractive space for modern family living.
To the first floor there are three bedrooms, one of which has provision for an en-suite shower room, together with a family bathroom.
The second floor provides two further bedrooms and space for an additional bathroom.
Please note that while stairs are fitted to the first floor, the staircase to the second floor has not yet been installed.
Externally, the garden requires landscaping, allowing purchasers to design the outside space to suit their needs. A paved driveway is located to the side of the property, providing off-road parking.
Given the property’s current condition, interested parties should make their own enquiries regarding mortgageability.
Although finance may be possible, we would advise that buyers are ideally in a position to proceed with cash funds.
Directions Leave the city heading east onto the A69 turn off for Scotby, The Plains is situated is on your right.
Services Mains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested. Key Information: • Standard construction.
• We understand that broadband and mobile telephone reception are available. For an indication of speeds and supply please see the OFCOM website: • There is private off road vehicle parking.
• SOLD AS SEEN. Requiring completion and sold without the benefit of guarantees or warranty.
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 3 The Plains, Scotby, Carlisle, Cumbria
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