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78 Warwick Road, Carlisle, CA1 1DU

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Prime Property Auctions is excited to present this excellent BRRR opportunity. 5 bedroom mid terrace house, split into 3 flats, located within a prime location in Carlisle ***Guide Price of £160,000
  • ***Apartment 4, 10, Lismore Place, Carlisle, CA1 1LX Previously sold for £175,000. 26, Hanson Place, Carlisle, CA1 1NG Previously sold for £185,000. Apartment 2, 3 Portland Square, Carlisle, CA1 1A
  • Property comprises 3 separate units, the ground floor flat is currently tenanted at £650 p/m. This provides an annual income of £7,800. Planning has been approved for conversion for another 2 bed a
  • Property requires renovation. Sure to appeal to shrewd builders/investors/developers looking for a rare project and excellent BRRR opportunity.
  • Property is located near a whole host of local amenities including a shopping centre, restaurants and coffee shops, close to schools with public transport easily accessible nearby.

Description


    • Prime Property Auctions is excited to present this excellent BRRR opportunity. 5 bedroom mid terrace house, split into 3 flats, located within a prime location in Carlisle ***Guide Price of £160,000***

    •  ***Apartment 4, 10, Lismore Place, Carlisle, CA1 1LX Previously sold for £175,000. 26, Hanson Place, Carlisle, CA1 1NG Previously sold for £185,000. Apartment 2, 3 Portland Square, Carlisle, CA1 1AG Previously sold for £190,000***

    • Property comprises 3 separate units, the ground floor flat is currently tenanted at £650 p/m. This provides an annual income of £7,800. Planning has been approved for conversion for another 2 bed and studio apartment. Excellent Capital Growth Potential. 

    • Property requires renovation. Sure to appeal to shrewd builders/investors/developers looking for a rare project and excellent BRRR opportunity.

    • Property is located near a whole host of local amenities including a shopping centre, restaurants and coffee shops, close to schools with public transport easily accessible nearby.

    Prime Property Auctions NEW Entry. Excellent BRRR opportunity. 5 bedroom mid terrace house,split into 3 flats, located within a prime location in Carlisle ***Guide Price of £160,000***

    Property Comprises: 

    Ground Floor Flat: 2 bedroom Flat: Currently tenanted at £650 p/m. 

    Middle Floor Flat: Ready for conversion renovation for 2 Large Double Bedrooms, Bathroom, Kitchen, Living area. 

    Top Floor Flat: Ready for conversion into studio flat

    Once fully renovated, the property could command a collective rental income of £21,000 - £23,000 p/a. This would provide an excellent 13% gross yield if achieved for a guide price of £160,000. 

    Potential for each apartment to be sold as separate units once renovated. The local area has seen some great sales recently showing strong demand. 

    Local Sales Evidence for flats in the area: 

     ***Apartment 4, 10, Lismore Place, Carlisle, CA1 1LX Previously sold for £175,000. 26, Hanson Place, Carlisle, CA1 1NG Previously sold for £185,000. Apartment 2, 3 Portland Square, Carlisle, CA1 1AG Previously sold for £190,000***

    Property requires full renovation. Sure to appeal to shrewd builders/investors/developers looking for a rare project with remarkable capital growth potential. Excellent BRRR Opportunity .

    The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

    This lot is open to immediate offers and offered at a fantastic price to ensure an Auction sale.

     The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

     

    Location:

    Carlisle, located in the county of Cumbria in northwest England, is a city with a rich history and strategic location, making it an appealing place to live and invest. Known as the "Great Border City," Carlisle offers a blend of historical charm and modern amenities. The city's proximity to the Lake District and the Scottish border provides residents with access to stunning natural landscapes and outdoor activities. Carlisle's economy is diverse, with key sectors including logistics, manufacturing, and retail, supported by its excellent transportation links, including a major railway station and proximity to the M6 motorway. The University of Cumbria adds to the educational appeal and fosters a vibrant community of students and academics. Additionally, Carlisle's affordable property market and ongoing regeneration projects enhance its investment potential, making it an attractive choice for both residents and investors.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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78 Warwick Road, Carlisle, CA1 1DU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carlisle Station0.3 miles
  • Wetheral Station3.9 miles
  • Dalston Station4.1 miles
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About the agent

Prime Property Auctions (Scotland) Ltd, Glasgow

126 West Regent Street, Glasgow, G2 2RQ

Prime Property Auctions (Scotland) Ltd, Glasgow

Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.

Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great

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Disclaimer - Property reference (208186067). The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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