2-bedroom house · BB3 3DF
Sold STCReduced £10k (−11.8%) on 1 OctListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention investors! This garden fronted mid terrace house is in need of tlc! The property has 2 double bedrooms (1 gives access to a spacious bathroom).
The ground flr has a vest, hall, 2 reception rms and a kitchen. PVC d-g windows throughout. 'Any experienced builder will see the potential' Attention investors!
This traditional stone faced, garden fronted mid terrace house is in need of tlc!
The property has two generous sized double bedrooms and one gives access to a spacious three-piece bathroom, the ground floor has a vestibule, hallway, two reception rooms and a kitchen.
PVC double-glazed windows are installed throughout. The property is in need of modernisation and in our opinion any experienced builder will see the potential this house has to offer.
It is conveniently situated close to all amenities in the town centre and within walking distance to both the railway and bus station.
The realistic asking price is reflective of the renovation needed. Location From Darwen town centre leave on Railway Road, turn left into Richmond Terrace.
Turn right into London Terrace and the property is on the right. Tenure We are advised by the vendor that the property is Leasehold, approximately £1.50 p.a, assumed 999 year lease.
Any prospective purchaser should seek clarification from their solicitor.
Accommodation entrance vestibule Meter cupboard, interior door through to; hallway sitting room 11' 9" x 10' 3" (3.58m x 3.12m) Measurements into recess.
PVC double-glazed window, original coving to ceiling living room/dining room 14' x 11' 8" (4.27m x 3.56m) PVC double-glazed window, under stairs storage cupboard, fireplace kitchen 11' 11" x 11' (3.63m x 3.35m) Fitted wall and floor units including drawers, stainless steel single drainer sink unit with mixer tap, plumbed for automatic washing machine, PVC double-glazed window, exterior door and storm door (to rear yard) first floor Landing bedroom 1 14' 2" x 12' (4.32m x 3.66m) Measurements into recess.
PVC double-glazed window bedroom 2 14' 4" x 12' 10" (4.37m x 3.91m) Measurements into recess.
PVC double-glazed window, built in cupboard, access through to; bathroom 11' 5" x 8' 4" (3.48m x 2.54m) Panelled bath with shower over, pedestal wash hand basin, low level WC, built in cupboard, PVC double-glazed window outside Small garden area to the front and enclosed yard to the rear please note viewings are to be arranged through Proctors and are by appointment only.
We have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify if they are in working order or fit for their purpose.
Compliance Agents are required by law to conduct anti-money laundering checks on all those renting or buying a property. The cost of these checks is £20 per check. This is a non-refundable fee.
These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office proceeding with checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 4, London Terrace, Darwen
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