Land at Jesmond Street, Carlisle, CA1 2DE

Property Overview

Land at Jesmond Street, Carlisle, CA1 2DE. This freehold development opportunity comprises a regular-shaped, fenced and levelled area of land that has recently been cleared. The site is approximately 0.40 acres (0.16 hectares) and benefits from planning permission for 10 apartments under planning reference 22/0391.

We understand the property holds planning permission under Use Class C3 and may be suitable for other uses subject to obtaining all necessary consents. VAT is understood not to be payable on the sale price.

Accommodation

• Planning permission for 10 apartments under planning reference 22/0391.
• Bedrooms: not supplied.
• The accommodation description relates to the permitted development; no completed apartments are stated.

Location

Situated within a predominantly residential area in Carlisle centre on Jesmond Street, just off Greystone Road, a main arterial cut-through route from Warwick Road to London Road. The land is adjacent to Irvings Coach Depot.

Tenure & Key Information

• Tenure: Freehold.
• Site area: approximately 0.40 acres / 0.16 hectares.
• EPC: N/A.
• Council Tax: N/A.
• Occupancy, lease, parking and heating details: not supplied.
• Services: none have been tested.

Auction & Buyer Charges

• Guide price: £170,000+.
• Auction date: 30 September 2026.
• Buyer premium: not supplied.
• Auction administration fee: £2,000 plus VAT, being £2,400 including VAT.
• If using a recommended solicitor from the auctioneer’s panel, the auctioneer may receive a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480).

Investment Analysis

HB estimates: No GDV, refurbishment estimate, rental estimate, gross yield or maximum bid has been provided. The available information does not support an independent estimate of market value, development viability or resale value.

The £170,000+ guide price is not a valuation. The £2,400 auction administration fee including VAT should be allowed for in any bid budget.

Sold Comparables

No HM Land Registry sold comparables were supplied. No relevant completed sales evidence is available for this assessment.

Rental Evidence

The following are advertised asking rents, not achieved or passing rents. The evidence relates to unrelated locations and is not considered reliable for Carlisle or for valuing undeveloped land.

Supplied source	Type	Bedrooms	Advertised asking rent
Property to Rent in LS18 4 (2026) — AI Rental Search	Flat/Apartment	1	£1,550 pcm
Property to Rent in CB4 3 (2026) — AI Rental Search	Flat/Apartment	1	£2,450 pcm
Property to Rent in KT10 (2026) — AI Rental Search	Development Opportunity	1	£4,425 pcm
1 Bedroom flats to rent in West Jesmond, NE2, Tyne and Wear	Flat/Apartment	1	£347 pcm

Auctioneer estimated rent: not supplied.

Strategy & Risks

Do not bid above the £170,000+ guide without verifying planning status, permitted development, site dimensions, access, services, title restrictions, abnormal construction costs and achievable end values. Treat the supplied rental evidence as unusable for this site.

• No planning consent or development parameters have been supplied beyond the stated planning reference and apartment numbers.
• No access, services or title information has been supplied.
• No relevant completed sales comparables, Carlisle-specific end values or Carlisle-specific rents have been supplied.
• Development, construction and abnormal-cost exposure cannot be quantified.
• The £2,400 auction administration fee including VAT applies.
• The guide price is not evidence of market value.