2-bedroom flat · CA2 5SW
For saleReduced £3k (−3%) on 11 OctListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom, two bathroom second floor apartment offers open plan living, balcony and parking.
Newly decorated and carpeted throughout, the double glazed and electric heated apartment comprises vestibule leading into an entrance hall, 31' open plan lounge and kitchen with access on to a private balcony, master bedroom with en-suite shower room and access on to the balcony, second bedroom and a three piece bathroom.
Externally the property has off-street residents parking.
Located in a convenient location close to amenities, Carlisle historic quarter and with good transport links to the city centre and West Cumbria.
The property would make an ideal downsize, first time buy or buy to let investment and is sold with no onward chain.
The accommodation with approximate measurements briefly comprises: Entry through front door into the vestibule.
This two bedroom, two bathroom second floor apartment offers open plan living, balcony and parking.
Newly decorated and carpeted throughout, the double glazed and electric heated apartment comprises vestibule leading into an entrance hall, 31' open plan lounge and kitchen with access on to a private balcony, master bedroom with en-suite shower room and access on to the balcony, second bedroom and a three piece bathroom.
Externally the property has off-street residents parking.
Located in a convenient location close to amenities, Carlisle historic quarter and with good transport links to the city centre and West Cumbria.
The property would make an ideal downsize, first time buy or buy to let investment and is sold with no onward chain.
The accommodation with approximate measurements briefly comprises: Entry through front door into the vestibule.
Entrance Hall Doors leading through to the open-plan living and kitchen, both bedrooms and bathroom. Secure intercom system and electric heater.
En-Suite Shower Room Three piece suite comprising shower cubicle, wash hand basin and WC. Built-in storage cupboard housing the water cylinder and wall-mounted heater.
Bedroom 2 9' 5" x 9' 0" (2.87m x 2.74m) Double glazed window and electric heater. Bathroom 6' 6" x 6' 5" (1.98m x 1.96m) Three piece suite comprising panelled bath, wash hand basin and WC.
Tiled splashbacks, wood effect flooring and wall-mounted heater.
Anti-Money Laundering (Aml) Checks Estate agents in the UK are legally required to conduct Anti-Money Laundering (aml) checks on buyers, focusing on identifying the buyer and verifying their source of funds.
Key requirements include a valid photo id (passport/driving license), proof of address (utility bill/bank statement), and documented proof of funds (bank statements, mortgage agreement, or proof of gift).
To carry out these checks there will be a charge of £48 inc. Vat per person that will need to be paid for by Debit Card before a property can be marked Sold and Instructions sent to Solicitors.
Bedroom 1 15' 0" max x 14' 0" max (4.57m x 4.27m) French doors leading on to the balcony, electric heater and door to the en-suite. External Vestibule Door leading into the entrance hall.
Open Plan Living & Kitchen 31' 0" max x 16' 9" max (9.45m x 5.11m)kitchen Fitted kitchen incorporating freestanding electric oven and grill with four burner hob, plumbing and space for washing machine, space for full height fridge freezer, stainless steel sink with mixer tap.
Tiled splashbacks, wood effect worksurfaces, wood effect flooring, double glazed window and breakfast bar.
Living area Two double glazed windows to the front with views over the railway and park, door leading to the balcony and three electric heaters.
Outside The property has a private balcony with views over the railway towards Bitts Park and off-street residents parking. Note Tenure We are informed the tenure is Leasehold.
962 years remaining.ground rent £25 per annum. Service charge £1584 per annum.
Council tax We are informed the property is Tax Band C.These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in the employment of Cumbrian Properties has the authority to make or give any representation or warranty in relation to the property.
All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.
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.
Area
Agent & docs
FAQ
About 56, Caldew Maltings, Carlisle
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