4 bedroom end of terrace house for sale

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4 bedroom end of terrace house for sale

Mount Florida, Carlisle, CA1
£140,000

Price History

Initial price £160,000
02/04/25 £140,000
Price Change -12.50%

Description

This well-maintained 4-bedroom end-of-terrace house in Carlisle offers a fantastic investment opportunity for those looking for a reliable, long-term return. The property is in excellent condition, featuring four bedrooms, two lounges, one bathroom, one WC, and a double garage with space for five cars, as well as outline planning permission for a bungalow. Currently generating an annual gross income of £7,800, the property has the potential to increase to a market rate of £13,800 with long-term tenants already in place. The current tenants, who have lived in the property for several years, have consistently paid their rent and intend to remain in the property, making for a smooth and hassle-free transition for the new owner. With its excellent condition, lucrative rental income, and potential for further growth, this property is a worthwhile addition to any investor's portfolio.