2-bedroom flat · CA1 3TU
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A realistically priced, two double bedroom, two bathroom, ground floor flat.
The double glazed and central heated accommodation briefly comprises communal entrance, entrance hall, bay-fronted dining lounge, kitchen with integrated appliances, two double bedrooms, master en-suite shower room and family bathroom.
The property also benefits from communal gardens and allocated parking.
Situated in close proximity to shops, schools, supermarkets, pharmacy, public transport links and a short drive to the M6 motorway at junction 42.
The accommodation with approximate measurements briefly comprises: Secure communal front door into communal entrance hall with front door into the ground floor flat.
Entrance Hall 12' 0" x 9' 5" (3.66m x 2.87m) Radiator, coving, telephone entry intercom system and built-in shelved storage cupboard. Doors to dining lounge, kitchen, family bathroom and bedrooms.
Dining Lounge 20' 5" x 11' 0" (6.22m x 3.35m) UPVC double glazed bay window to the front, two radiators, fireplace and coving.
Kitchen 11' 0" x 9' 0" (3.35m x 2.74m) Fitted kitchen incorporating sink unit with mixer tap, electric oven and grill with electric four ring hob and extractor hood above, plumbing for washing machine, integrated fridge and freezer, integrated dishwasher, tiled flooring, radiator and UPVC double glazed window to the front.
Bedroom 1 12' 0" x 10' 0" (3.66m x 3.05m) UPVC double glazed window to the rear, radiator and door to the en-suite shower room.
En-Suite Shower Room 9' 5" x 4' 5" (2.87m x 1.35m) Three piece suite comprising WC, vanity unit wash hand basin and walk-in shower unit.
Heated towel rail, tiled flooring and UPVC double glazed frosted window to the side. Bedroom 2 12' 5" x 10' 0" (3.78m x 3.05m) UPVC double glazed window to the rear and radiator.
Family Bathroom 6' 5" x 6' 0" (1.96m x 1.83m) Three piece suite comprising vanity unit wash hand basin, WC and panelled bath with shower attachment.
Radiator, UPVC double glazed frosted window to the side, tiled splashbacks and tiled flooring. Outside Communal gardens and allocated parking. Notes Tenure We are informed the tenure is Leasehold.
155 years from 1st September 1997. 126 years remaining. Ground rent £160 per annum payable 1st March. Service charge £850 per annum which includes the maintenance and upkeep of the common parts.
Council tax We are informed the property is Tax Band B. Note This property is being sold on behalf of a relative of the Directors of Cumbrian Properties ela Ltd.
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 tes...
Anti-Money Laundering (Aml) Checks Estate agents in the UK are legally required to conduct Anti-Money Laundering (aml) checks on buyers, focusing on identifying the buyer and verifying their source of funds.
Key requirements include a valid photo id (passport/driving license), proof of address (utility bill/bank statement), and documented proof of funds (bank statements, mortgage agreement, or proof of gift).
To carry out these checks there will be a charge of £48 inc. Vat per person that will need to be paid for by Debit Card before a property can be marked Sold and Instructions sent to Solicitors.
Value & comps
No previous sales on record.
Returns
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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 74, Watermans Walk, Carlisle
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