2-bedroom house · BB3 0ET
For saleListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented 2 bedroom stone faced mid terrace property convenient for all local amenities and within easy reach of the town centre...
A well presented stone faced mid terrace property convenient for all local amenities and within easy reach of the town centre, Railway Station, Bolton and the motorway network.
Briefly comprises: A living room, a fitted dining kitchen, first floor, two bedrooms and a bright three-piece bathroom.
PVC double-glazed windows (not overlooked) and gas central heating (the boiler is approximately 2 years old) are both installed. Enclosed yard to rear. Viewing a must at this realistic asking price!
Tenure We are advised by the vendor that the property is Leasehold, 999 year lease absentee landlord. Any prospective purchaser should seek clarification from their solicitor.
Location From Darwen town centre on Railway Road, continue under the railway bridge onto Atlas Road at the top turn left into Olive Lane, continue ahead and the property is on the right hand side.
Accommodation living room 13' 1" x 13' 5" (3.99m x 4.09m) Measurements into recess.
PVC double-glazed window, radiator, recess fireplace, stone hearth, meter cupboards fitted dining kitchen 13' 15" x 11' 19" (4.34m x 3.84m) Fitted wall and floor units including drawers, stainless steel single drainer sink unit with mixer tap, gas cooker, plumbed for automatic washing machine, wall mounted gas fired central heating boiler unit (approximately 2 years old), PVC double-glazed window, PVC exterior door to rear yard first floor Landing, loft hatch bedroom 1 13' 5" x 13' 2" (4.09m x 4.01m) Measurements into recess.
PVC double-glazed window, radiator, built in cupboard bathroom Panelled bath with shower attachment and screen over, pedestal wash hand basin, low level WC, radiator, PVC double-glazed window bedroom 2 11' 8" x 6' 6" (3.56m x 1.98m) PVC double-glazed window, radiator outside Enclosed yard to rear with astroturf and flower beds 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 55, Olive Lane, Darwen
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