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See how verdicts work2-bedroom flat · CA1 3PD
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** low cost housing *** Homesearch Direct is delighted to offer to the market, 17 Admiral Way, an immaculately presented top floor apartment, situated within the popular Speckled Wood development to the southern outskirts of Carlisle.
Presented in pristine decorative order throughout making it an ideal first time buy, but would also be suitable for those looking to downsize.
Accommodation comprises:- Entrance into Hallway, Lounge, Open Plan Fitted Kitchen with appliances, Two Double Bedrooms (master with En-suite) and a Bathroom.
The property benefits from gas central heating and uPVC double glazing.
Externally there is designated parking, Internal viewing highly recommended In through the front door to:- Entrance Hallway Large entrance Hallway, intercom phone system, digital thermostat for central heating, built in cloaks cupboard, loft access, doors to all rooms Lounge/Diner 23' 0'' x 12' 2'' (7.01m x 3.71m) A nicely presented lounge with open plan kitchen making it a great space for entertaining, there are views over local countryside, TV, telephone and Satellite TV points, space for a dining table, two radiators, two uPVC double glazed windows Open Plan Kitchen A modern fitted kitchen with a range of base and wall units, complementary work top surface, stainless steel sink and drainer with a mixer tap above, fitted Electrolux electric oven and grill, four ring gas hob, stainless steel splashback and extractor canopy above, integrated fridge and freezer, integrated washer/dryer, Ideal Logic combination boiler, uPVC double glazed window Master Bedroom 12' 8'' x 10' 1'' (3.86m x 3.07m) A beautifully appointed double bedroom with an en-suite, digital thermostat for the central heating, alcove which would house a wardrobe, radiator, uPVC double glazed window offering countryside views En-suite 6' 9'' x 5' 5'' (2.06m x 1.65m) A Corner shower cubicle with a Mira Agile thermostatic shower and tiled surround, WC, wash hand basin, radiator, extractor fan Bedroom Two 12' 1'' x 8' 5'' (3.68m x 2.56m) A double bedroom, radiator, uPVC double glazed window, offering countryside views Family Bathroom 6' 11'' x 6' 8'' (2.11m x 2.03m) A modern white three piece bathroom suite, comprising of a bath, WC, wash hand basin, part tiled walls, radiator, extractor fan, frosted uPVC double glazed window Externally Externally there is designated parking, gardens and a general waste and recycling point Services Mains Gas, water, electricity and drainage.
Gas central heating and uPVC double glazing. There is also superfast BT fibre broadband available to the building. The property is Leasehold. There are 999 years on the lease which started in 2016.
There are now 989 years left onto the lease. The annual service charge this year was £1312.65 payable to Gateway. The ground rent was £235.13 for the year.
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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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 17, Admiral Way, Carlisle
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