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Gray Street, Workington, CA14 2NJ - Image 1
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Gray Street, Workington, CA14 2NJ

North East

£80,000

Listed on 16/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
967 sqft

Description

This two-bedroom terraced home in Workington carries a rich history and is ripe for transformation. With its bay-fronted design, the property presents an exciting opportunity for those eager to add their personal touches. The interior features two spacious reception rooms that offer flexibility for various living arrangements—from intimate evenings to entertaining guests. Adjacent to these spaces, a separate dining area could easily be reimagined as a home office or playroom, catering to your lifestyle needs. The kitchen, characterized by sleek high-gloss finishes, provides a functional base for culinary endeavors but could benefit from some updates to elevate its functionality further. Upstairs, you’ll find a family bathroom and two double bedrooms, which promise comfortable retreats after a busy day. Outside, the galley yard serves as a private enclave for relaxation without demanding extensive upkeep, allowing for more leisure time rather than garden maintenance. On-street parking is an added convenience in this central location where Workington’s amenities are just a short walk away—perfect for anyone looking for accessibility alongside potential investment growth. This property stands as a blank canvas full of possibilities waiting for the right vision to bring it back to life.

Investment Analysis

(CA14 area)

Below Market Value

This property is priced -46.9% below area average per sq ft

-46.9%
Potential saving
This Property
£83/sq ft
Area Average
£156/sq ft
Avg Rent (weekly)
£160
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£165,778
10% above area average per sq ft
Potential ROI
+44.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CA14)

Area prices are falling by -4.5% over the last 12 months
3 year growth: +5.2%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on CA14 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

Gray Street, Workington, CA14 2NJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £60,000 over 30 years at 4.45% 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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