2-bedroom flat · CA1 3TU
Listing removedListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor apartment located in Watermans Walk, Carlisle, which is a popular residential area to the south of Carlisle city centre.
Close to the M6 and southern bypass, the location offers good transport links as well as being close to local schools and the nhs site at Carlton.
The two double bedrooms, main bathroom and en-suite offer a practical living arrangement. The spacious living room features a modern fire and the ability to have lounge and dining furniture.
There is an allocated parking space. Council tax band 'B' and EPC rating 'D'.
Overall, this flat in Watermans Walk offers a modern, practical living space in a convenient location, suitable for those looking for a straightforward rental option in Carlisle.
Features Fireplace Allocated Parking Property additional info Entrance Hallaway: 3.68m x 10.30m (12' 1" x 33' 10") with internal doors to all rooms. Intercom to main front door.
Cupboard housing water cylinder. Laminate flooring. Living Room: 6.16m x 3.38m (242' 6" x 133' 1" ) Spacious living room with bay window. Electric fire on modern fireplace. Laminate flooring.
Space for dining table and chairs as well as lounge furniture. Kitchen: 2.82m x 2.77m (111' 0" x 109' 1" ) modern fitted with a range of wall and floor units.
Complimentary worktops with tiled splashbacks. Integrated fridge freezer and dishwasher. Washing machine. Oven and hob with extractor overhead. Laminate flooring.
Bedroom 1: 3.68m x 2.85m (144' 11" x 112' 2" ) Double bedroom with open views to the rear of the property. Built-in wardrobes. En-suite shower room.
En-suite: 1.82m x 1.34m (71' 8" x 52' 9" ) featuring shower enclosure, sink on vanity unit. Toilet. Towel radiator. Tiled floor.
Bedroom 2: 3.85m x 2.84m (151' 7" x 111' 10" ) Double bedroom with open views to the rear of the property.
Bathroom: 2.88m x 1.81m (113' 5" x 71' 3" ) main bathroom featuring bath with shower attachment. Toilet. Sink on vanity unit. Tiled floor. Towel radiator. Outside: Allocated parking space.
Communal garden drying area. Parking Availability: Yes.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 120, Watermans Walk, CARLISLE
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