Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CA13 0XZ
For saleReduced £10k (−14.3%) on 21 OctListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the quiet and well-positioned village of Little Broughton, this spacious two-bedroom semi-detached property offers an exciting opportunity for buyers looking to create a lovely home or investment property.
Conveniently located just a short drive from Cockermouth and approximately 10–15 minutes from Workington and Maryport, the property enjoys a desirable village setting with excellent access to nearby amenities and transport links.
Once modernised, this could become a lovely home in a popular village location.
The accommodation includes: Two good-sized double bedrooms Two Reception Rooms Comfortable living accommodation Low-maintenance paved rear yard While the property would benefit from updating and refurbishment throughout, including modernisation of décor, flooring, kitchen, and bathroom, it offers excellent potential for improvement and value enhancement With an attractive auction guide price and plenty of scope to add value, this property would suit a wide range of buyers including: First-time buyers Investors Landlords Developers Those seeking a renovation project Entrance Hall Lounge - 4.32m x 2.9m (14'2" x 9'6") Dining Room - 4.32m x 3.51m (14'2" x 11'6") Kitchen - 2.79m x 1.91m (9'2" x 6'3") Bathroom Bedroom One - 4.32m x 3.45m (14'2" x 11'4") Bedroom Two - 3.43m x 2.92m (11'3" x 9'7") Externally To the rear is a low maintenance courtyard garden.
Tenure Freehold. Services Mains gas, electricity, water and drainage.
Additional Information Council Tax Band: A Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
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FAQ
About Clealand Cottage, Cockermouth
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