3-bedroom house · OL13 0UJ
For saleReduced £15k (−14.3%) on 29 SepListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this large Victorian property, currently with commercial use, but with potential, subject to pp, to convert to a single residential dwelling, or apartments, as several neighbouring properties have done.
EPC:86B Presenting a substantial, Victorian mid-terraced property, with large rooms across ground floor and an open-plan first floor with the capacity for three well-apportioned bedrooms, plus generous cellar space.
This property currently offers two large rooms downstairs, plus a kitchen extension, a single, large open plan space upstairs, that could accommodate three, well-apportioned bedrooms, plus a landing and bathroom.
The property next door, also has a large loft room.
Many properties on this popular row and neighbouring terraced rows, have been converted into residential use, giving a precedent to suggest that the same could also been done here, subject to relevant permissions, could continue to function solely as a commercial premises, or offer mixed use, either as a whole, or splitting back into two properties.
Sold with no vendor chain, these properties are ready for the next owner to develop and enhance.
The property is on the well served 464 bus link between Accrington and Rochdale, via Rawtenstall, neighbouring properties have council tax band A.
Close to local shops and schools including Holy Trinity primary school and brgs grammar school and with easy access to the M66 for Manchester.
_________ As part of making an offer, we’re required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc. VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly & smoothly as possible.
Anti-Money Laundering (aml) Checks - As part of making an offer, we’re required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 310, Newchurch Road, Rossendale
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