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 house · OL13 9RY
Listing removedListed 388 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 bedroom mid-terrace with great rear outlook - Neutral Modern Décor, Lounge & Good Size Dining Kitchen, Tidy Rear Patio Area - Great Buy-To-Let or First Home - Contact Us Now To View!
New Line, Bacup is a 2 bed stone terrace which is neutrally decorated throughout, with nice Kitchen and Bathroom and also benefiting from a good patio area to the rear ideal for BBQs, which overlooks good rear views too.
Internally the property briefly comprises; Entrance Vestibule, Lounge, modern Dining Kitchen, stairs up to first floor Landing, large Bedroom 1, Bedroom 2 with views to the rear and modern Bathroom.
Located on New Line the property is close to open countryside, Stubby Lee Park and within easy reach of amenities in Bacup town centre, the property provides an ideal combination of proximity to both facilities and attractive surroundings.
* Gas Central Heating * uPVC windows * Currently Tenanted - Ideal Buy-to-Let Home or First Time Buyer Entrance Vestibule Lounge (4.27m x 4.19m (14'0" x 13'9")) A good sized lounge with outlook to the front, with gas fire and neutral decoration.
Door leading through to Kitchen.
Breakfast Kitchen (3.18m x 3.12m (10'5" x 10'3")) A good range of wall and base units in beech effect with contrasting black worktops, tile splash back and vinyl flooring.
Lamona electric oven, four ring gas hob and extractor over, space for washing machine and fridge/freezer. Door leading to rear patio and door to stairs.
Landing Bedroom 1 (4.27m x 3.71m (14'0" x 12'2")) A spacious main bedroom with ample storage provision in the form of wardrobes and bedside drawers.
With a front outlook, this room has neutral decoration with curtains to match.
Bedroom 2 (2.24m x 2.01m (7'4" x 6'7")) A size room with outlook views to the rear, neutrally decorated with additional storage.
Bathroom (2.62m x 1.60m (8'7" x 5'3")) Three piece bathroom suite in white comprises sink, WC and bath with electric shower over. Additional storage provision with vinyl black flooring to finish.
Rear Patio A nice flagged area suitable for entertaining, clothes drying and bin storage. Outlook is over private gardens.
View To The Rear Agents Notes Council Tax: Band 'A' Tenure: Long Leasehold - 999 Year Lease - Ground rent not collected. Please Note - Items in the property are that of the current tenant.
Stamp Duty: 0% up to £125,000,2% of the amount between £125,001 and £250,000,5% of the amount between £250,001 & £925,000,10% of the amount between £925,001 & £1,500,000,12% of the amount above £1,500,000.
For some purchases, an additional 3% surcharge may be payable on properties with a sale price of £40,000 and over.
Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase.
Disclaimer Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors.
Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order.
Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard.
The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc.
Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted.
These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact.
In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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About 177, New Line, Bacup
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