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Leabourne Road, Carlisle, CA2 - Image 1
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Leabourne Road, Carlisle, CA2

North East

£95,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
775 sqft

Description

This three-bedroom property, located in a sought-after area south of the city, presents an excellent opportunity for those looking to invest in a renovation project. The home is positioned for modernisation, making it an appealing option for buyers wanting to personalize their space or enhance its value for rental purposes. On the ground floor, you will find a spacious lounge and a dining kitchen that offers ample room for creative updates. The kitchen leads directly to the rear garden, which holds potential for landscaping or further development into a more functional outdoor area. Upstairs, there are three generously sized bedrooms alongside a family bathroom that could benefit from refurbishment. Given its previous use as a rental property, this home is primed to become a lucrative buy-to-let investment with some thoughtful upgrades. Situated in a vibrant residential community with easy access to amenities, schools, and transport links, this property not only promises comfort but also the chance to add significant value through renovation. Early viewing is encouraged to truly appreciate its potential.

Investment Analysis

(CA2 area)

Below Market Value

This property is priced -27.5% below area average per sq ft

-27.5%
Potential saving
This Property
£123/sq ft
Area Average
£169/sq ft
Avg Rent (weekly)
£192
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£144,158
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
121%
Properties sold annually

Local Market Trend (CA2)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +8.5%
5 year growth: +18.2%
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

Leabourne Road, Carlisle, CA2
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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
£343
Based on a loan of £71,250 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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