40 Bowscale Close, Carlisle, Cumbria CA3 9LJ

Description

A purpose built, two bedroomed, first floor flat in a popular area, just off Eden Street, north of the City centre. The accommodation comprises:- 23' sitting room with kitchen area, two bedrooms, store room and bathroom.

Accommodation

Hall; Sitting Room / Kitchen 23' x 10'9 max, 7' min; Rear Bedroom 12'6 x 9'9; Front Bedroom 9'6 x 7'6; Store 6'6 x 6'; Bathroom 6'3 x 5'9

Location

Popular area, just off Eden Street, north of the City centre. What3words location ///swan.loves.desks

Tenure / Property Information

Investment Analysis

The supplied completed sales on Bowscale Close range from £70,000 to £81,000. The most recent comparable sold for £81,000 on 21 November 2025, while three earlier sales were £75,000–£80,000. A base GDV of £80,000 is supported, with a £70,000–£81,000 evidence range. Condition, floor-level differences, lease details and service-charge information are not supplied.

Investment Snapshot

Strategy Recommendation

Potential value-led purchase only if the legal pack confirms acceptable lease, charges and no material liabilities, and inspection confirms limited works. Do not rely on BTL or BRRR returns until rent, costs and lease information are verified.

Works Required

No refurbishment works are evidenced in the supplied information. Confirm condition, lease terms, service charges, ground rent, restrictions and any required works from the legal pack and inspection before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £50,000 guide, the known purchase price plus minimum administration charge is £51,500 before the unspecified buyer premium, disbursements, finance, tax and any works. A 75% refinance against the £80,000 base GDV would be £60,000, but cash left in cannot be calculated without total project costs. Lease and lender acceptability also require legal-pack confirmation.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The £1,500 minimum administration charge applies at the £50,000 guide, before any buyer premium and other legal-pack disbursements.

Flip Analysis

The £80,000 base GDV indicates a gross difference of £28,500 against the £50,000 guide plus the £1,500 minimum administration charge, before buyer premium, works, selling costs, finance, tax and other disbursements. A reliable flip surplus cannot be calculated from the supplied evidence.

Investor Risks & Due Diligence

• Buyer premium amount is unspecified.

• Legal-pack disbursements and other purchaser costs are unknown.

• Lease length is stated as 125 years from 2000; remaining term and detailed lease provisions should be confirmed.

• Ground rent, service charge and any arrears or restrictions are not supplied.

• Property condition and refurbishment requirements are not evidenced.

• Rental income and investment yield cannot be supported from the supplied evidence.

Recommendation

Potential value-led purchase only if the legal pack confirms acceptable lease, charges and no material liabilities, and inspection confirms limited works. Do not rely on BTL or BRRR returns until rent, costs and lease information are verified.

Strategy Rating

Analysis Confidence

Completed local sales provide useful GDV evidence, but there is no condition assessment, rental evidence, EPC, council tax, lease-cost detail, buyer premium or full legal-pack cost information.