1-bedroom flat · OL13 0AD
Listing removedListed 141 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rossendale Lettings have this newly converted one bedroom flat available for rent. It is located in the centre of Bacup with all the local amenities to hand.
The flat is accessed from a secure door with a staircase to the first floor and a separate entrance into the flat. It has been finished to a high standard.
The heating is all electric wall heaters with a fitted kitchen and oven and hob. There is a small entrance hall which has the bedroom leading off to the left and the bathroom to the right.
The bathroom does not have a bath but a large shower. The kitchen is almost a galley design to the left of the lounge area. The lounge is located on the right .
This property needs to viewed to be fully appreciated.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 2A, Irwell St Lancashire, Bacup
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