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Leabourne Road, Carlisle CA2 - Image 1
Leabourne Road, Carlisle CA2 - Image 2
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Leabourne Road, Carlisle CA2

North East

£95,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
775 sqft

Description

This three-bedroom property, located to the south of the city, presents a promising opportunity for those looking to invest in a renovation project. The home features a spacious lounge and a dining kitchen on the ground floor, both of which provide ample space for updates that could significantly enhance their appeal. Access to the rear garden from the kitchen opens up possibilities for landscaping or even further development, adding value to the property. On the first floor, you'll find three generously sized bedrooms and a family bathroom equipped with a classic three-piece suite. Previously rented out, this residence has excellent potential as a buy-to-let investment following updates to meet modern standards. Situated in a desirable residential neighbourhood, this property enjoys proximity to essential amenities, schools, and transport links—making it an attractive prospect for future tenants or families looking for their own home. Given its need for modernisation throughout, this property offers an exciting chance for buyers aiming to create value through renovation.

Investment Analysis

(CA2 area)

Below Market Value

This property is priced -26.6% below area average per sq ft

-26.6%
Potential saving
This Property
£123/sq ft
Area Average
£167/sq ft
Avg Rent (weekly)
£187
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£142,282
10% above area average per sq ft
Potential ROI
+5.4%
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
60%
Properties sold annually

Local Market Trend (CA2)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +7.5%
5 year growth: +18.5%
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

Leabourne Road, Carlisle CA2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£336
Based on a loan of £71,250 over 30 years at 3.91% 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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