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Pearson street, Workington, CA14 2QR

North East

£80,000

Listed on 04/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
839 sqft

Description

This modest two-bedroom terraced house presents a valuable opportunity for first-time buyers and investors looking to make their mark. While the property is in fair condition, there is room for personal customization, particularly in the bathroom and kitchen areas. The home boasts notable period features such as a traditional staircase and decorative fireplace, which can be accentuated with thoughtful renovations. With two separate reception rooms, there's flexibility to create comfortable living spaces or even a dedicated home office. The upstairs consists of two good-sized double bedrooms that provide ample space for storage and lifestyle needs. Outside, the manageable yard offers potential for creating an outdoor retreat without the burden of extensive upkeep. Positioned conveniently near the town center and a local school, this property is ideally suited for someone looking to settle down without being overwhelmed by renovation demands from day one. Explore the potential this home has to offer and start envisioning your updates today.

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Investment analysis

(CA14 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£95/sq ft
Area Average
£153/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£141,296
10% above area average per sq ft
Potential ROI
+34.6%
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
20%
Properties sold annually

Local Market Trend (CA14)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +7.9%
5 year growth: +11.6%
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

Pearson street, Workington, CA14 2QR
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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

Next Steps

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