2-bedroom terraced house · CA14 2SW
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market at an incredibly competitive price, this traditional terraced property on the outskirts of Workington town centre presents an excellent opportunity for investors, developers or buyers looking for a renovation project with plenty of potential.
The property offers more accommodation than may initially be expected, with approximately 744 sq ft of internal space arranged over three floors.
While the house is dated throughout and requires a substantial programme of modernisation and improvement, the existing layout provides a good starting point for a purchaser looking to refurbish and add value.
On the ground floor, the accommodation comprises a lounge, separate dining room, kitchen, hallway and a useful utility room/WC.
The first floor provides two bedrooms, while a further staircase leads to the upper floor, where there is a loft room and bathroom.
The property should very much be viewed for its potential rather than its present condition.
There is considerable scope to update the accommodation and create a more modern home, which may make it particularly appealing to those considering refurbishment for the rental or resale market, subject to any necessary consents and regulations.
Externally, there is an enclosed rear yard, with access beyond to a large, private and enclosed garden.
The garden is currently overgrown and requires considerable clearing and tending, but its size offers further potential and could become a real asset to the property once brought back into use.
Situated on the outskirts of Workington town centre, the property is conveniently positioned for access to the town and its range of amenities.
The low asking price reflects the amount of work required, and prospective purchasers should expect to undertake significant updating.
For those prepared to take on a project, however, the combination of accommodation, outside space and potential to add value makes this an interesting proposition, particularly for the investment market.
Viewing is recommended to appreciate the space and assess the potential this property has to offer.
SELLING WITH FIRST CHOICE MOVE First Choice Move began in 2010 from humble beginnings—from a kitchen table in Egremont.
Built on family values, hard work, and a passion for property, we have grown to become the largest estate agency in West Cumbria.
As a family-run business, we believe in combining traditional estate agency values with the very latest marketing techniques to ensure every property gets maximum exposure.
From high-quality photography, 3D tours, drone photography, videos and professional floorplans to online advertising and social media campaigns, we use a tailored approach to attract the right buyers.
Our commitment to excellence has earned us multiple national, industry-recognised awards, a testament to our dedication to delivering outstanding service and results.
We are more than just an estate agency—we’re a trusted partner for buyers and sellers across West Cumbria, combining innovation with personal service to help you move with confidence.
MORTGAGES Need help finding the right mortgage for your needs?
First Choice Move Mortgage Services are part of the Mortgage Advice Bureau network, one of the UK's largest award-winning mortgage brokers.
We can search from a selection of over 90 different lenders with over 12,000 different mortgages, including exclusive deals only available through us, to find the right deal for you.
Our advice will be specifically tailored to your needs and circumstances, which could be for a first-time buyer, home-mover, or for remortgaging or investing in property.
Contact us on to arrange a free consultation with one of our experienced and dedicated in house mortgage and protection advisers.
You may have to pay an early repayment charge to your existing lender if you re-mortgage There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
NOTE Please note that all measurements have been taken using a laser tape measure which may be subject to a small margin of error. Some photos may have been taken with a wide-angle camera lens.
First Choice Move has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A buyer is advised to obtain verification from their solicitor or surveyor. References to the tenure of a property are based on information supplied by the Seller.
The Agent has not had sight of the title documents.
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 advisors 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 Bolton Street, Workington, CA14
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