We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · BB3 1NJ
Sold STCListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing this three bedroom property to essential to appreciate the immaculate living accommodation on offer.
Briefly comprises: Entrance vestibule, hallway, attractive living room, dining room/living room, separate fully fitted kitchen with high-gloss units and built in appliances.
On the first floor there are three bedrooms and a family bathroom with shower.
Benefits from gas central heating (the boiler was new August 2024 and has over 10 years warranty) and PVC double-glazed windows.
Externally there is a small front garden with wrought iron railings and gate and to the rear there is an enclosed yard (the rear elevation of the house has recently been rendered).
It is pleasantly situated on this quiet Street with more than average parking spots!
Also close to Avondale, Sunnyhurst Woods, moorland trails and within walking distance to all town centre amenities, it also convenient for motorway network.
LOCATION From Darwen town centre leave on Duckworth Street, turn left onto Vale Street, turn right into Edensor Terrace, turn left onto Melrose Street and the property is on the left-hand side TENURE We are advised by the vendor that the property is Leasehold, 999 year lease, approximately £1.50 p.a.
Any prospective purchaser should seek clarification from their solicitor.
ACCOMMODATION ENTRANCE VESTIBULE PVC front door, part tiled walls, glazed door to: HALLWAY Radiator LIVING ROOM 12' 1" x 10' 10" (3.68m x 3.3m) Measurements into recess.
PVC double-glazed window, radiator, picture rail with feature coving and ceiling, stone hearth DINING ROOM/SITTING ROOM 13' 9" x 12' 6" (4.19m x 3.81m) Measurements into chimney breast, two wall lights, picture rail with feature coving and ceiling, PVC double-glazed window, radiator, understairs storage cupboard FULLY FITTED KITCHEN 8' 7" x 7' 0" (2.62m x 2.13m) High gloss wall and floor units including drawers, four-ring gas hob, built in under oven, extractor, stainless steel one and a half bowl single drainer sink unit, tiled splash-backs, radiator, PVC double-glazed window, PVC exterior door FIRST FLOOR Landing BEDROOM 1 13' 9" x 12' 12" (4.19m x 3.96m) Measurements into chimney breast, PVC double-glazed window, radiator BEDROOM 2 8' 10" x 6' 7" (2.69m x 2.01m) Maximum measurements into recess.
Minimum measurements are 5'7 (1.7m), PVC double-glazed window, radiator, laminate flooring BEDROOM 3 8' 1" x 7' 1" (2.46m x 2.16m) PVC double-glazed window, radiator, laminate flooring, built in cupboard THREE PIECE BATHROOM Panelled bath with shower and screen, pedestal wash hand basin, low-level W.C, tiled splashbacks, dado rail, extractor, radiator OUTSIDE Small garden area to the front and enclosed paved yard to rear with outside water tap 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Melrose Street, Darwen
Explore nearby