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Croft Court, Cumbria CA7

North East

£115,000
Listed on 26/04/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
893 sqft

Description

This three-bedroom home is situated in a well-regarded residential area of Wigton, a market town known for its community spirit and local amenities. While the property currently requires some modernization, it boasts significant potential for renovation and investment. Internally, the layout includes an entrance hallway that leads to a convenient w/c cloakroom. The kitchen/dining area comes equipped with fitted units and an electric hob and oven, offering a solid foundation for a modern culinary space. The spacious living room at the rear is filled with natural light and features ample understairs storage, along with access to a rear hallway that could be repurposed as a utility or pantry area. On the first floor, you'll find two double bedrooms—one of which benefits from built-in storage—as well as a single bedroom. Additional storage options are available on the landing. The family bathroom includes both a bath and a separate shower cubicle, catering to various family needs. Externally, the property features an enclosed rear garden that provides both lawn space and a patio area, ideal for outdoor gatherings or personal gardening projects. The front of the home includes a forecourt area. Notable updates include double glazing throughout and gas central heating for comfort and efficiency. Parking options are available on-street, with the possibility of applying for a resident parking permit from the council. This home’s location offers easy access to local shops, schools, and transport links while maintaining a peaceful neighborhood atmosphere. Overall, this property represents an excellent opportunity for those looking to invest in real estate with room for enhancement. Its blend of size, potential renovation opportunities, and prime location make it worth considering for buyers seeking to create their ideal home.

Investment Analysis

(CA7 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£129/sq ft
Area Average
£196/sq ft

Renovation Potential

Est. Renovation Cost
£11,500 - £28,750
10-25% of property value
Target Value
£192,433
10% above area average per sq ft
Potential ROI
+33.9%
After renovation
Monthly Sales
14
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (CA7)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 14.4%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on CA7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Croft Court, Cumbria CA7
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