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Petteril Street, Carlisle

North East

£185,000
Listed on 25/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1975 sqft

Description

This spacious terraced home features four bedrooms and three reception rooms, making it an appealing option for families or investors looking for renovation opportunities. A noteworthy aspect of this property is the versatile loft room, which is ready for conversion—offering significant potential to expand living space subject to planning permissions. Nestled close to Warwick Road, the property benefits from its proximity to the city center, easily accessible on foot. Local amenities include a supermarket, various eateries and pubs, as well as primary and secondary schools within walking distance. Outdoor enthusiasts will appreciate nearby riverside walks, along with Carlisle Football and Rugby grounds adding to the local charm. Commuters will find convenient transport links to both the M6 and A69 highways. The ground floor underwent refurbishment in 2016, including rewiring and the installation of a new combi boiler following prior flooding events. The home is equipped with gas central heating and double-glazed windows for improved energy efficiency. A welcoming porch leads into a hallway that connects to three distinct reception areas: a lounge, sitting room, and dining room. Adjacent to the dining area is a fully fitted kitchen, which benefits from a utility room situated at the rear of the property. On the first floor, you'll find four bedrooms alongside a family bathroom. The staircase continues up to a generous loft room that presents numerous possibilities for future use or enhancement. To further explore outdoor options, the rear of the property includes three outhouses and a paved yard area—potentially transformable into an inviting outdoor space or additional storage solutions. Overall, this property combines period charm with practical features and considerable renovation potential in a desirable location.

Investment Analysis

(CA1 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£94/sq ft
Area Average
£150/sq ft
Avg Rent (weekly)
£169
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£326,418
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (CA1)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 1.2%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on CA1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Petteril Street, Carlisle
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE