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See how verdicts work1-bedroom flat · CA1 1AE
Listing removedReduced £9.9k (−11.7%) on 21 JunListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious, one bedroom, city centre flat, with the benefit of a private parking space, is pleasantly decorated and ready to move in to.
The double glazed and electric storage heated accommodation briefly comprises communal entrance with lift and staircase to the fourth floor, private entrance hall, spacious 18’ open plan lounge/kitchen, bedroom, bathroom, spacious storage cupboard and a paved balcony area which can be accessed from both the lounge and bedroom.
Perfectly situated for city centre living and only a five minute walk to the railway station. Sold with no onward chain this property would suit an investor or a first time buyer.
The accommodation with approximate measurements briefly comprises: Communal entrance hall with lift and staircase to the fourth floor.
Entrance Hall Telephone intercom system, electric storage heater and spacious storage cupboard housing the hot water cylinder. Doors to open plan lounge/kitchen, bedroom and bathroom.
Open Plan Lounge/Kitchen 18' 0" x 9' 6" max (5.49m x 2.90m) Two electric storage heater, double glazed window and patio doors opening onto the balcony.
Kitchen Area 10' 4" x 6' 0" (3.15m x 1.83m) Fitted kitchen incorporating electric oven and hob with extractor hood above, plumbing for washing machine, integrated fridge and stainless steel sink with mixer tap.
Bedroom 13' 0" x 9' 0" (3.96m x 2.74m) Electric storage heater, fitted wardrobe and patio door to the balcony.
Bathroom 6' 0" x 5' 7" (1.83m x 1.70m) Three piece suite comprising shower above panelled bath, WC and wash hand basin. Part tiled walls and electric storage heater. Outside One private parking space.
Note Tenure We are informed the tenure is Leasehold. 999 years from 16th April 2015. Service charge = £179.17 x 4 (£716.68 ) council tax We are informed the property is Tax Band B.
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.
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About Flat 22, Spencer House, Carlisle
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