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34 Lorne Street, Carlisle, Cumbria, CA2 5DX - Image 1
34 Lorne Street, Carlisle, Cumbria, CA2 5DX - Image 2
34 Lorne Street, Carlisle, Cumbria, CA2 5DX - Image 3

34 Lorne Street, Carlisle, Cumbria, CA2 5DX

North East

£45,000

Listed on 13/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house presents a promising opportunity for renovation in a well-situated area of Carlisle, just 0.8 miles from the city center. The property features a rear garden and is currently vacant, making it ideal for immediate refurbishment. Inside, the layout includes two reception rooms and a kitchen on the ground floor, along with two bedrooms and a bathroom on the first floor. While the house is in need of modernisation, its location near local amenities and transport links enhances its investment potential. Offered at auction, this property is a blank canvas awaiting your vision.

WHOTS analysis

Our WHOTS verdict

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

45out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom mid-terrace house presents a significant renovation opportunity, particularly given its good location near amenities and the city centre. The property is currently in poor condition, with worn interiors, damaged flooring, and signs of neglect throughout. However, its vacant status allows for immediate work, enabling a new owner to reimagine the space entirely, including potential updates to the dated kitchen and overall layout.

While the asking price of £45,000 suggests a low entry point, the lack of usable floor area means we can't yet assess its value against local averages. The renovation estimate ranges from £40,000 to £80,000, indicating a heavy refurbishment project ahead. This is an ideal canvas for someone looking to create a modern living space in a sought-after area, but it will demand a thorough approach to bring it back to life.

Key opportunities

  • Transform the space with a full renovation, allowing for a modern layout and updated interiors.
  • Utilize the rear garden to enhance outdoor living and improve property appeal.
  • Reconfigure the existing layout to maximize functionality and comfort.

Key risks

  • Stripped interiors and a £40,000–£80,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

34 Lorne Street, Carlisle, Cumbria, CA2 5DX
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Finance

Mortgage calculator

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

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 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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