2-bedroom house · CA2 4BG
Sold STCReduced £5k (−4.3%) on 18 SepListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
12 Red Bank Square is a two bedroom mid link property, situated on a quiet side street just off Currock Road.
The property would make an ideal first time buy or buy to let and has the bonus of being sold with no ongoing chain.
There are a wealth of local amenities, all within walking distance and Carlisle City Centre is just a five minute drive away.
Accommodation comprises Entrance into Hallway, Good Sized Lounge and a Dining Kitchen. To the first floor there are Two Double Bedrooms and a Bathroom.
The property benefits from gas central heating and uPVC double glazing. Externally there is a low maintenance rear garden and a garage. Viewing is recommended.
In through the uPVC front door to: Entrance Hallway Decorative coving, thermostat for central heating, radiator, stairs to first floor, door into: Lounge 15' 0'' x 10' 7'' (4.57m x 3.22m) Good sized lounge, electric feature fireplace, decorative coving, T.V.
And telephone points, broadband connection, large walk in understairs cupboard, double radiator, uPVC double glazed window to the front of the property, door into: Dining Kitchen 13' 11'' x 8' 9'' (4.24m x 2.66m) Fitted with a range of base and wall units, complementary worktop surface, stainless steel sink and drainer with a mixer tap, Canon double electric oven and grill, electric hob, extractor above, washing machine, space for a tall fridge freezer, space for a dining table, double radiator, Worcester Bosch combination boiler, uPVC double glazed window to the rear of the property, uPVC door leading outside to the low maintenance garden.
From Entrance Hallway upstairs to: First Floor Landing Access to the loft, built in airing cupboard with shelving and radiator, doors to both bedrooms and bathroom.
Bedroom One 10' 8'' x 9' 10'' (3.25m x 2.99m) Double bedroom, walk in wardrobe, single radiator, uPVC double glazed window to the front of the property.
Bedroom Two 11' 8'' x 8' 5'' (3.55m x 2.56m) Double bedroom, built in wardrobe, radiator, uPVC double glazed window to the rear of the property.
Bathroom 7' 10'' x 5' 1'' (2.39m x 1.55m) Three piece bathroom suite, thermostatic shower over the bath, WC, wash hand basin, part tiled walls, radiator, frosted uPVC double glazed window to the rear of the property.
Outside To the rear of the property there is a low maintenance garden with a flagged patio, single garage with off street parking for one vehicle in front.
Services Mains gas, water, electricity and drainage. Gas central heating. UPVC double glazing. Freehold. Council Tax Band A.
Value & comps
No previous sales on record.
Returns
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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 12, Red Bank Square, Carlisle
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