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See how verdicts work2-bedroom flat · CA1 3PD
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vicinity Homes are delighted to offer to the market this two double bedroom, first floor apartment situated within the sought after Persimmon Homes Speckled Wood Development to the South of Carlisle City Centre.
The property is close to a range of local amenities, regular bus route, popular Primary Schools and has excellent access towards the City Centre, Southern City Bypass and the M6 Motorway.
The accommodation briefly comprises of an entrance hallway, two double bedrooms, master en-suite shower room, a bathroom and an open plan lounge and modern kitchen.
The property also benefits from double glazing, central heating, parking space and communal garden areas. Viewing is highly recommended to fully appreciate the accommodation on offer.
The property is part of The Council's Affordable Housing Scheme and is offered to the market at 70% of the full property value.
A purchaser will need to have a local connection to Carlisle to purchase the property. Directions Proceed South along London Road and turn left at the traffic lights onto Cumwhinton Road.
Proceed straight over the road about and turn right onto the Speckled Wood Estate then first left onto Admiral Way.
Follow the road to the bottom and the apartments are situated on the right hand side. Communal Hallway Incorporating an intercom entry system.
Apartment Hallway Incorporating a built in storage cupboard, double glazed window to front and a radiator.
Open Plan Dining Kitchen & Lounge (6.620m x 3.736m (21'8" x 12'3")) Kitchen Area (3.729m x 1.911m (12'2" x 6'3")) Incorporating a range of modern fitted wall and base units with complementary work surface over, integrated oven and integrated hob with cooker hood over.
Integrated dishwasher, sink unit with mixer tap, plumbing for a washing machine, double glazed window to front, space for a fridge/freezer and inset ceiling lights.
Lounge Area (4.616m x 3.736m (15'1" x 12'3")) Incorporating a double glazed window to side, double glazed window to rear and two radiators.
Bedroom One (3.500m x 3.076m (11'5" x 10'1")) A double bedroom incorporating a double glazed window to rear and a radiator.
En Suite Shower Room (2.028m x 1.636m (6'7" x 5'4")) Incorporating a three piece suite comprising of a shower cubicle, pedestal wash hand basin and WC. Extractor fan, tiled splash areas and radiator.
Bedroom Two (3.496m x 2.519m (11'5" x 8'3")) A double bedroom incorporating a double glazed window to rear and a radiator.
Bathroom (2.113m x 1.939m (6'11" x 6'4")) Incorporating a three piece suite comprising of a bath, pedestal wash hand basin and WC.
Double glazed obscured window to front, radiator, tiled splash areas and extractor fan. Outside There is an allocated parking space.
Floor Plan Please note, the floor plan is not to scale and should be used for illustrative purposes only. Epc Band B Council Tax The property is in Council Tax Band B.
Tenure The property is Leasehold. There are 999 years on the lease which started in 2016. There are now 989 years left onto the lease.
The annual service charge this year was £1312.65 payable to Gateway. The vendor has informed us the ground rent was £150.00 for 2026. Viewings Strictly through arranged appointments by Vicinity Homes.
To arrange a viewing, please contact: T: Or E: Referral Fees We routinely refer potential purchasers to Mortgage Advisers - Fisher Financial Associates.
It is your decision whether you choose to deal with Fisher Financial Associates.
In making that decision, you should know that we will receive commission from the company worth approximately £50 depending on any business written.
Referral Fees - Vicinity Homes work with preferred conveyancers for a house sale or purchase. You are under no obligation to use their services.
Should you choose to use them, Vicinity Homes Estate Agents will receive a referral fee of between £120.00 to £150.00 on completion of a sale or purchase.
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.
Mailing List To register your buying information and receive updates on all our available properties, please contact Vicinity Homes on or via email to .
Free, No Obligation Valuation We would be pleased to provide you with a free, no obligation valuation for your home. Please contact Vicinity Homes on or via email to to arrange an appointment.
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.
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FAQ
About 7, Admiral Way, Carlisle
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