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Wigton Road, Carlisle

North East

£70,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terraced property presents a unique opportunity for investors or landlords seeking a renovation project. Comprising two spacious double bedrooms and two reception areas, the home requires extensive refurbishment throughout to unlock its full potential. With a strategic location near local amenities such as the Cumberland Infirmary and close proximity to Carlisle City Centre, this property is ideal for those looking to add value through significant updates. The layout includes an entrance vestibule leading into a sizeable lounge and an adjoining sitting/dining room with period features. The kitchen is equipped with basic units and plumbing capabilities, providing a solid foundation for a modern redesign. Upstairs, both large bedrooms offer ample space, with possibilities for reconfiguration, especially with the ensuite in Bedroom One that can be updated or redesigned. Outside, there's access to a shared yard, contributing to the property's appeal. This offering is sold with no ongoing chain, making it convenient for immediate investment action.

Investment Analysis

(CA2 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (CA2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +7.1%
5 year growth: +18.8%
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

Wigton Road, Carlisle
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£250
Based on a loan of £52,500 over 30 years at 3.97% 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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