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Eadie Terrace, Harrington, Workington, CA14 5PY

North East

£49,950
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
796 sqft

Description

This two-bedroom property presents a significant renovation opportunity, ideal for families and first-time renovators. Nestled near Beckstone Primary School and the Youth Club, it offers a family-centric location just a short 10-minute stroll to the shoreline. Spanning three floors, the home provides ample space to reimagine its layout. The two reception rooms have been opened up to create an expansive area that extends the full depth of the house. This configuration invites creativity; there’s potential to transform the existing compact kitchen into a more spacious kitchen-diner or even a cozy family room, enhancing the home's functionality. The first floor features a generously sized double bedroom along with a family bathroom, while the second floor includes another double bedroom and an additional versatile bonus room. This extra space could serve as a walk-in wardrobe, nursery, or home office—offering flexibility to suit your needs. Location is a key advantage here. With essential amenities such as a Post Office, Morrisons Daily, butcher shop, and local pub all within walking distance, daily errands can be easily managed without needing to drive. For those commuting or seeking leisure activities, both the train station and marina are also nearby, providing excellent transport links. While this property requires substantial work to realize its full potential, it is priced accordingly. The initial 28-day period during which only owner-occupiers can purchase allows for a unique advantage in securing this gem before investors can enter the picture. If you have vision and are ready for a hands-on project in a welcoming community setting, this home could become your ideal long-term residence or investment opportunity.

Investment Analysis

(CA14 area)

Below Market Value

This property is priced -60.7% below area average per sq ft

-60.7%
Potential saving
This Property
£63/sq ft
Area Average
£160/sq ft
Avg Rent (weekly)
£170
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£139,790
10% above area average per sq ft
Potential ROI
+39.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CA14)

Area prices are falling by +2.8% over the last 12 months
3 year growth: 7.8%
5 year growth: 5.7%
Investment Disclaimer: Analysis based on CA14 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.

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Location

Eadie Terrace, Harrington, Workington, CA14 5PY
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