2-bedroom terraced house · BL8 3QS
For saleReduced £20k (−8.7%) on 15 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming mid-terraced cottage offered for sale with no onwards chain , providing generous and comfortable accommodation throughout and boasting a wealth of character and original features.
Ideally positioned in a desirable location surrounded by beautiful open countryside, the property also offers excellent scope for further refurbishment and modernisation.
With plenty of potential to create a home to suit individual tastes, this property would make an appealing choice for first-time buyers looking to take their first step onto the property ladder, those looking to downsize, or investors seeking a property with renovation potential.
The ground floor comprises a welcoming entrance porch leading into a spacious lounge, which features an exposed stone fireplace with wood-burning stove, exposed beams, recessed alcoves and ceiling spotlights.
A separate, generously sized dining room provides further character with exposed stone walls and beams, ceiling spotlights and a staircase rising to the first floor, with useful storage space beneath.
To the rear is a well-appointed, recently fitted kitchen, along with a convenient ground floor cloakroom/WC.
Upstairs, there are two well-proportioned double bedrooms, both benefiting from a range of fitted wardrobes, together with a modern shower room.
To the rear is an enclosed yard which enjoys an open outlook over the adjoining countryside.
Situated within a highly sought-after area, the property is surrounded by attractive countryside and is conveniently positioned within walking distance of a local bus stop.
There are a variety of nearby shops, amenities and well-regarded schools, while excellent road and public transport connections provide easy access to surrounding towns and cities including Bury, Bolton, Rochdale and Manchester City Centre.
EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 16 Watling Street, Bury
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