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See how verdicts work2-bedroom flat · CA1 2DR
Sold STCListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention first-time buyers and investors – this superb two-bedroom ground-floor apartment on Adelaide Street offers an outstanding opportunity to secure a move-in-ready home just a short distance from Carlisle city centre - QUOTE LI0465.
Set within a purpose-built development, this well-presented flat benefits from its own private outdoor space, allocated parking and a recently extended lease, making it a rare and highly desirable find for both owner-occupiers and landlords alike.
Number 2 Adelaide Street is fitted with uPVC double glazing and gas central heating throughout and is offered to the market with the added advantage of no onward chain, allowing for a smooth and straightforward purchase.
The property has been well-maintained and provides comfortable, practical accommodation that is ready to be enjoyed from day one.
Upon entering the flat, you are greeted by a spacious entrance hallway which gives access to all of the accommodation.
This area is particularly impressive for a property of this type, featuring two large built-in storage cupboards that provide excellent and often hard-to-find storage space, ideal for coats, shoes, household items and much more.
The kitchen is modern, well laid out and designed to maximise space and functionality.
It is fitted with a range of wall and base units, complementary work surfaces and a tiled splashback, along with space for appliances, a high-level built-in oven and a gas hob.
This is a practical yet stylish workspace that will comfortably cater for everyday cooking and entertaining alike.
The living room is another generous and welcoming space, offering plenty of room for sofas and other furniture.
An electric fire provides a cosy focal point as well as additional warmth during the colder months, while a large front-facing window allows natural light to flood the room throughout the day, creating a bright and relaxing environment.
There are two bedrooms within the flat, both of which are well-proportioned for a property of this type.
The main bedroom is a comfortable double room and enjoys a pleasant outlook over the private rear garden.
The second bedroom is a small single room, making it ideal for guests, a home office or even as an additional reception room.
This room also benefits from a uPVC double-glazed door, which provides direct access to the private outdoor space, perfect for enjoying warmer days.
Completing the interior is a three-piece shower room, fitted with a large walk-in shower cubicle with mixer shower, pedestal wash hand basin and WC.
Part-tiled walls and chrome fittings give the room a clean, contemporary finish while offering all the functionality required for everyday use.
Externally, the property truly stands out thanks to its private, low-maintenance rear outdoor space, which is for the sole use of this flat.
Designed to be easy to look after, it provides your own peaceful oasis where you can enjoy morning coffees, summer evenings and outdoor dining.
A generous flagged patio offers the perfect spot to sit out and relax.
In addition, there is a further low-maintenance gravelled area located to the side of the building, which could easily be enhanced with a little creativity, planters or garden furniture to create another attractive outdoor area.
The flat also benefits from its own allocated parking space, conveniently located adjacent to the property, ensuring you always know exactly where your car will be parked and removing any stress around parking.
Adelaide Street is a well-located residential street close to Carlisle city centre, making it ideal for anyone wanting walkable access to shops, services and city-centre amenities.
The location is particularly convenient for commuters too, with regular public transport nearby and straightforward road access out towards the wider network, including the M6.
The street itself is mainly traditional residential housing and benefits from being tucked just behind the main roads, so it tends to feel more settled than you might expect for such a central position.
Offered with no onward chain, this fantastic ground-floor flat offers space, convenience and rare outdoor features in a highly accessible city location, making it an excellent opportunity for both homeowners and investors.
Tenure - Leasehold, 148 years remaining. Approximately £10.00 Per Annum Ground Rent Payable.
Council Tax Band - A EPC Rating - C Misrepresentation Act 1967 - 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 should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.
Money Laundering Regulations - By law, we are required to conduct anti-money laundering checks on all intending sellers and purchasers and take this responsibility very seriously.
In line with HMRC guidance, our partner, MoveButler, will carry on these checks in a safe and secure way on our behalf.
Once an offer has been accepted, MoveButler will send a secure link for the biometric checks to be completed electronically.
There is a non-refundable charge of £30 (inclusive of VAT) per person for these checks.
The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.
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 advisers 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 Adelaide Street, Carlisle, CA1 2DR
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