We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · CA1 2ER
Sold STCListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTERS.
Available to purchase with a tenant in situ on an assured shorthold tenancy, with a gross yield in the region of 8%, a recently modernised, end terraced, double fronted 2 bedroom home, in this popular area, close to the town centre and university.
An excellent addition to any investment portfolio, or an ideal first buy-to-let opportunity, 1 Fusehill Street is an attractive and well-presented end-terrace property offered with reliable tenants in situ.
Currently achieving £650 per calendar month, the tenants have expressed a clear intention to remain, providing immediate and ongoing rental income.
The property has been thoughtfully improved in recent years and offers a well-proportioned and flexible layout.
The ground floor comprises a welcoming central hallway, a spacious kitchen dining room, and a dual-aspect living room featuring a charming wood-burning stove.
To the first floor are two bedrooms and a well-appointed bathroom. Externally, there is a small enclosed rear yard with pedestrian access.
Ideally located for investment purposes, the property is within easy reach of the University of Cumbria and is less than a five-minute walk from Botchergate and Carlisle city centre.
Early viewing is highly recommended to fully appreciate the opportunity on offer. Directions From the city centre head through Portland Square onto Aglionby Street.
Turn right onto Myddleton Street which becomes Fusehill Street. Services Mains gas, electric, water and drains are connected, but neither these services nor any boilers or radiators have been tested.
Key Information: • Standard construction. • We understand that broadband and mobile telephone reception are available.
For an indication of speeds and supply please see the OFCOM website: • Vehicle parking is on road.
(Permit required) Entrance Hall Living Room 3.9m x 3.89m Kitchen Dining Room 3.86m x 3.84m First Floor Landing Bedroom 1 3.96m x 3.45m Bedroom 2 2.41m x 2.06m Bathroom 3.45m x 1.68m
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 1 Fusehill Street, Carlisle, Cumbria
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