2-bedroom terraced house · OL13 9JA
Sold STCListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great first-time buyer or investment opportunity two bedrooms with pleasant valley views practical accommodation over two floors offered with no onward chain.
A pavement-fronted back-to-back terraced property offering well-proportioned accommodation arranged over two floors, making this an ideal opportunity for a first-time buyer, investor or landlord looking for a property with straightforward letting potential.
Offered with no onward chain, the property is available for immediate occupation and provides an excellent opportunity for a buyer looking to add their own style and improvements.
The property is warmed by gas central heating and benefits from double glazing, with the accommodation providing a practical layout that is ready to move into whilst also offering scope for some cosmetic updating.
The property opens into a spacious main living room, providing a comfortable reception space with plenty of room for furniture.
A spindle staircase rises to the first floor, while a door leads through to the kitchen.
The kitchen is a practical and functional space, fitted with a range of wall and base units complemented by work surfaces and incorporating an integrated oven and hob together with a single-drainer stainless-steel sink unit.
There is also useful space for a small dining table, making this a versatile everyday living space.
To the first floor, there are two bedrooms, both of which benefit from pleasant valley views towards the front, adding an attractive feature rarely associated with properties of this type.
Completing the accommodation is a three-piece bathroom, fitted with a panel bath, pedestal wash hand basin and WC.
The location The property is situated on Alma Street, Bacup, within the Rossendale Valley and conveniently positioned for access to the amenities and facilities available within Bacup town centre.
The surrounding area provides a good range of everyday shops, supermarkets, cafés, schools and local services, while excellent walking and countryside opportunities are available throughout the surrounding Rossendale landscape.
For commuters, the property is well placed for access to the wider road network, with Rawtenstall, Haslingden, Rochdale and Todmorden all accessible by road.
The location also provides access towards the A56, connecting Rossendale with Manchester and the M66 motorway network.
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 £60 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.
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
Agent & docs
FAQ
About 5, Alma Street, Rossendale
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