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 work2-bedroom terraced house · BB4 7LG
Listing removedListed 25 daysAuction 17 Apr · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
National Online Auction 26th - 27th October 2026 A Two Bedroom Mid Terrace House A leasehold mid terrace house comprising, open plan lounge / kitchen, two bedrooms and bathroom. Rear decked yard.
Situated on a busy main road on the outskirts of Rawtenstall. Close to local shops and schools with good transport links Bacup, Bury and Bolton.
Tenure: Leasehold Title number: LA471000 Length of Lease/Term: 999 years from 17 April 1854 Ground Rent : £3.4s.4¨d Service Charge: £ Council Tax Band : A Local Authority: Rossendale Finance is available on this lot.
For a decision-in-principle visit togethermoney.com/amydip/ IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid.
If you are the successful bidder, you are required to pay the deposit and auction fees immediately.
As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract.
You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor.
Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold EPC Rating: C Administration Fee: 2.75% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £1560 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 240 Bacup Road, Rossendale, Lancashire BB4 7LG
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