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See how verdicts work2-bedroom flat · CA2 7JE
Listing removedListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom, first floor flat benefits from a private entrance, two good size bedrooms, spacious lounge and kitchen and, although in need of some modernisation, would make an ideal first time buy or buy to let investment.
The double glazed and central heated accommodation briefly comprises vestibule with staircase to the first floor, lounge, kitchen, two bedrooms – one with built-in wardrobes and storage, and three piece bathroom.
Externally there is ample off-street parking. Located close to local amenities including schools, shops and bus routes, and just a short walk from the Cumberland Infirmary.
Sold with the benefit of no onward chain. The accommodation with approximate measurements briefly comprises: Front door into vestibule.
Vestibule Staircase to the first floor with door to the lounge.
Lounge 13' 0" x 12' 0" max (3.96m x 3.66m) Double glazed window, radiator, built-in cupboard, doors to kitchen and inner hall.
Kitchen 9' 0" x 7' 0" max (2.74m x 2.13m) Fitted kitchen incorporating a stainless steel sink unit with mixer tap, freestanding electric cooker, plumbing for washing machine, double glazed window to the front and tile effect laminate flooring.
Inner Hall Door to bedrooms and bathroom. Bedroom 1 11' 0" x 11' 0" max (3.35m x 3.35m) Double glazed window and radiator.
Bedroom 2 11' 0" x 7' 0" max (3.35m x 2.13m) Built-in wardrobe, storage cupboard housing the boiler, radiator and double glazed window.
Bathroom 7' 0" x 6' 0" max (2.13m x 1.83m) Three piece suite comprising electric shower above the panelled bath, wash hand basin and WC.
Vinyl flooring, radiator and double glazed frosted window. Note TENURE We are informed the tenure is Leasehold. 999 years from 1989. COUNCIL TAX We are informed the property is Tax Band A.
NOTE 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
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.
Area
Agent & docs
FAQ
About Collin Place, off Newtown Road, Carlisle, CA2
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