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Crummock Street, Carlisle

North East

£60,000

Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
720 sqft

Description

This two-bedroom mid-terraced house presents a substantial opportunity for renovation enthusiasts and investors seeking to add value. Currently unoccupied and offered with no onward chain, the property is positioned as a blank canvas awaiting transformation. With a full refurbishment necessary throughout, it provides an ideal setting for those looking to customize their living space or enhance its market appeal. The ground floor layout includes a front lounge, separate dining room, practical kitchen, and rear bathroom, while the first floor accommodates two generously sized bedrooms. Located within a residential area just west of Carlisle's city centre, the property benefits from proximity to local amenities along Wigton Road and essential services like the Cumberland Infirmary. Excellent transport links include regular bus routes and nearby access to major roadways as well as Carlisle railway station, making it convenient for commuting. This house would suit both developers eager to renovate for resale or individuals aiming to create a personalized home in a well-connected location.

Investment Analysis

(CA2 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£83/sq ft
Area Average
£161/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£127,472
10% above area average per sq ft
Potential ROI
+34.2%
After renovation
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

Crummock Street, 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
£214
Based on a loan of £45,000 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.

Stamp Duty Calculator

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