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Halfway House, Dalston Road, Carlisle, Cumbria - Image 1
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Halfway House, Dalston Road, Carlisle, Cumbria

North East

£700,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom family residence, situated on the periphery of the city, presents a substantial opportunity for renovation and investment. With three spacious reception areas, it offers a flexible layout that can be creatively reimagined. The generous garden complements the property, while an attached garage and workshop provide practical space for storage or future projects. Most notably, the property includes a 5.8-acre paddock with dedicated roadside access, enhancing its appeal for equestrian enthusiasts or developers considering future residential projects (subject to planning permissions). Originally known as The Admiral Nelson Inn, this unique detached home radiates historic charm yet requires modernization to fully unlock its potential. Refurbishment could not only enhance living conditions but also capitalize on the expansive land that could support diverse development strategies. Positioned within a promising development zone—allocated for housing with plans for approximately 60 units—this property offers unmatched investment appeal. Recent resolutions regarding access issues have cleared the path for new proposals. With excellent transportation links and nearby amenities, this site stands as a blank canvas ready to be transformed. Amenities include mains gas, electricity, and water services; however, buyers should ensure these meet current standards prior to purchase. The surrounding area is characterized by open countryside views and mature gardens further enriching its desirability.

Investment Analysis

(CA2 area)
Area Average
£168/sq ft
Avg Rent (weekly)
£175
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
85%
Properties sold annually

Local Market Trend (CA2)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +6.6%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on CA2 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

Halfway House, Dalston Road, Carlisle, Cumbria
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 over 30 years at 4.06% 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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