Modern Method of Auction
Auction date not yet published
2-bedroom flat · CA3 0ES
For saleReduced £20k (−23.5%) on 27 SepListed 70 days
Opportunity summary
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About
Sold by modern method of auction. Two bedroom ground floor flat with garden and garage in Lowry Hill, Carlisle.
The accommodation comprises entrance hallway, living room, kitchen, two bedrooms and bathroom.
Externally is a garden and garage.Situated to the North of Carlisle in the Lowry Hill area, this property is in an ideal location with M6 junction 44 and city bypass approx 1.5 miles away.
Carlisle City Centre is just over 2 miles away. Many local amenities with Kingstown Industrial Estate and Retail Park, gym, bars and supermarkets nearby.
Adjacent to Kingmoor Nursery and Infant School and a short walk away from Kingmoor Junior School. Local primary schools are Kingmoor and Stanwix. Austin Friars School is 1 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. CAR260457/8 Entrance Hall Leads to all rooms.
Living Room (4.05m x 3.98m) Positioned at the front of the property.
Kitchen (3.83m x 2.51m) A range of wall and base units with contrasting worktops, induction hob, stainless steel sink and mixer tap, plumbing for washing machine, spaces for fridge/freezer and tumble dryer, partial wall tiling and vinyl flooring.
Bathroom (2.45m x 1.68m) Three piece white suite consisting of a bath, over-bath shower, glass style screen, vanity unit incorporating sink, WC, partial wall tiling.
Priimary Bedroom (3.47m x 3.13m) Positioned at the rear of the property. Bedroom 2 (2.6m x 2.45m) Positioned at the side of the property.
External To the rear is a garden and garage situated in a row of four. Garage Situated at the end of a row of four, with up and over garage door. Additional Double glazing and gas heating.
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.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% 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 (truncated) Agents Note The lease has 59 years remaining.
Interested buyers should satisfy themselves that this meets their individual needs and those of their lender.
Value & comps
No previous sales on record.
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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
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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 advisors 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 32, Hether Drive, Cumbria
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