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Howe Street, Carlisle CA1 2HS

North East

£100,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
930 sqft

Description

This two-bedroom terraced property offers a substantial opportunity for renovation and investment in a sought-after area just off the city center. With nearby amenities, it presents an appealing option for first-time buyers or those looking to expand their rental portfolio. Set back from the street, the property features a modest front forecourt, while on-street parking is available with resident permits. Inside, the ground floor welcomes you with an entrance hall that leads to both reception rooms and the staircase. The galley kitchen, which adjoins the rear reception room, is equipped with essential base units, a sink and drainer, a cooker, and space for a washing machine. A wall-mounted combi boiler adds to the practicalities of this space. The layout continues with a rear hall that provides access to the outside and completes this level with a partially tiled bathroom. Upstairs are two generously sized double bedrooms that offer ample space for customization. The outdoor area at the back includes a block-paved yard with gated access to the lane behind—perfect for future enhancements or landscaping projects. Notably, this home comes with no onward chain, streamlining the acquisition process. This property not only serves as a comfortable home but also holds significant potential for those willing to invest time into renovations or upgrades in order to enhance both its value and appeal in this vibrant location.

Investment Analysis

(CA1 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£108/sq ft
Area Average
£151/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£153,962
10% above area average per sq ft
Potential ROI
+40.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (CA1)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 0.1%
5 year growth: 8.3%
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.

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Location

Howe Street, Carlisle CA1 2HS
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