2-bedroom flat · CA1 3TU
For saleReduced £10k (−9.1%) on 21 JunListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor apartment on the popular Watermans Walk development, South Carlisle.
The accommodation comprises entrance hall with storage, living room, kitchen, two bedrooms (one with ensuite shower room) and family bathroom.
Externally is a communal rear garden and allocated parking space. No onward chain.Situated to the East of Carlisle, in the Harraby area.
Approx 2.5 miles to Carlisle City Centre and 2 miles from M6 junction 42, leading you to areas North, South and East.
Local amenities - Aldi supermarket, Post Office, pharmacy, local bakery, Harraby Catholic Club and Harraby Community Centre - all approx 1.5 miles away.
Local primary schools are Pennine Way, Petteril Bank and Inglewood.
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.
CAR260025/8 Entrance Hall Spacious entrance hallway with two storage cupboards, offering access to all other rooms.
Living Room 5.52m 3.29m - With bay window, electric fire (not tested) and neutral décor.
Kitchen (2.84m x 2.79m) A range of wall and base units with contrasting worktops, electric oven, electric ring hob, stainless steel extractor hood, integral fridge/freezer and washing machine, stainless steel sink with mixer tap, larder unit, partial wall tiles, floor tiles and downlighters.
Primary Bedroom (3.76m x 2.92m) Positioned at the rear of the property, overlooking green open space, with en-suite shower room, fitted wardrobes and dressing table.
En-Suite Shower Room (1.99m x 1.33m) Three piece white suite with shower cubicle, wall tiling, vanity unit incorporating sink, wall mounted mirror with lights, towel rail, WC and vinyl flooring.
Bedroom 2 (3.8m x 2.93m) Positioned at the rear of the property, with neutral décor.
Bathroom (1.95m x 1.79m) Three piece white suite with bath, hand held shower attachment from taps, vanity unit incorporating sink, WC, partial wall tiling and vinyl flooring.
External The apartment has a communal entrance hall leading to the first floor via a staircase. The property has one allocated parking space, communal gardens to the rear and a bin store.
Additional Benefits from double glazing and gas heating. Ground Rent - £160 per annum. Service Charge - £896.37 per annum (1 Jan 2026-31 Dec 2026).
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
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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
Agent & docs
FAQ
About 140, Watermans Walk, Cumbria
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