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Orchard Street, Carlisle, Cumbria

North East

£55,000
Listed on 25/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
627 sqft

Description

This two-bedroom flat in Carlisle offers a solid foundation for renovation and personalization, ideal for both first-time buyers and investors. The property features a spacious living room and a functional kitchen, presenting an opportunity to update and modernize the space according to your preferences. Its well-sized bedrooms and generous bathroom can also be reimagined to enhance comfort and functionality. The private rear garden adds further potential for outdoor improvements, making it a great spot for relaxation or entertaining. Located conveniently near Rickerby Park and Bitts Park, residents can benefit from green spaces right on their doorstep while enjoying easy access to local amenities and schools. With Carlisle Train Station just a short walk away, commuting to other cities is straightforward, enhancing the property’s appeal. Given its central location and the area's demographic needs, this property is positioned well for those looking to invest in a home that allows for future enhancements in both aesthetic appeal and practical living.

Investment Analysis

(CA1 area)

Below Market Value

This property is priced -44.4% below area average per sq ft

-44.4%
Potential saving
This Property
£88/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£184
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£108,800
10% above area average per sq ft
Potential ROI
+36.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
138%
Properties sold annually

Local Market Trend (CA1)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +0.3%
5 year growth: +9.4%
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

Orchard Street, 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
£198
Based on a loan of £41,250 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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