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Wigton Road, Carlisle CA2 - Image 1
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Wigton Road, Carlisle CA2

North East

£70,000

Listed on 04/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terraced property presents a unique investment opportunity for those looking to undertake a full-scale renovation. Strategically positioned near key local amenities and within walking distance of Carlisle City Centre, this two-bedroom home features substantial living space with two receptions, offering the potential for an attractive rental yield or resale value post-renovation. Currently in need of comprehensive refurbishment, the layout includes an entrance vestibule leading into a spacious lounge with gas wall fire and a second reception room that could be reconfigured to enhance flow. The kitchen is functional but dated, providing ample scope for modernization. On the first floor, both large double bedrooms offer possibilities for improvement, alongside a bathroom that requires updating. With partial uPVC double glazing already in place and no ongoing chain to worry about, this property is primed for transformation.

Investment Analysis

(CA2 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CA2)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +8.6%
5 year growth: +20.3%
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

Wigton Road, Carlisle CA2
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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
£264
Based on a loan of £52,500 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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