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Water Street, Wigton, Cumbria, CA7

North East

£55,000Guide Price

Listed on 25/09/2026

The listing

Property details

Bedrooms
2
Type
End Of Terrace

Description

Situated in the vibrant market town of Wigton, this two-bedroom semi-detached house presents a unique opportunity for buyers looking to make their mark. The property requires refurbishment, allowing you to tailor the living space to your preferences. The ground floor features a spacious living room, which can accommodate a dining area, and a kitchen equipped with fitted units and access to a sizeable enclosed yard. On the first floor, you will find two bedrooms and a bathroom that is in need of modernisation. The outdoor space includes an enclosed yard and an outhouse, offering potential for further development with the appropriate permissions. Viewing is highly recommended to fully appreciate the potential this property has to offer. Offered at auction, the buyer and seller are expected to complete within 56 days, making this a timely investment opportunity.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

43out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom semi-detached house in Wigton presents a significant opportunity for those willing to undertake a heavy refurbishment project. The property is in poor overall condition, with dated interiors throughout, including a living room and bedrooms that require attention. The kitchen also needs modernisation, and the bathroom is in particularly poor shape, demanding a complete renovation. However, the enclosed yard offers a good size for outdoor improvements, allowing potential buyers to create a nice outdoor space that enhances the property’s value.

With a guide price of £55,000, while we can't assess the value per square foot due to missing floor area data, it stands out as a low entry point for a project of this scale. Just bear in mind that bidding can push the final price above the guide, so it may not stay this affordable. Given the extent of the works needed, this property is best suited for those ready to invest both time and money into transforming it into a desirable residence.

Key opportunities

  • Extensive refurbishment allows for a complete redesign of the interiors, creating a modern living space.
  • The good-sized enclosed yard provides scope for outdoor improvements, enhancing the overall appeal.
  • Potential to add value through a full renovation and modernisation of the dated kitchen and bathroom.

Key risks

  • Stripped interiors requiring a £40,000–£80,000 works budget make this a full-gut programme, not a refresh.
  • Capped gas fire presents a safety risk that needs addressing.

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Map

Location

Water Street, Wigton, Cumbria, CA7
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£208
Based on a loan of £41,250 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.

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