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 terraced house · BB4 8RP
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extended Three Bedroom Stone Terrace | Walking Distance to Rawtenstall Town Centre | Fantastic Modernisation Opportunity Occupying a highly desirable position within easy walking distance of Rawtenstall Town Centre, this substantial extended three-bedroom stone terraced house offers generous accommodation arranged over three floors and presents an excellent opportunity to create a superb family home or investment property.
Views from every window. Offering an abundance of character and space, the accommodation briefly comprises a welcoming lounge, spacious dining room and kitchen to the ground floor.
The first floor features a large double bedroom, a generous single bedroom and a family bathroom.
The second floor is home to an impressive attic room, providing outstanding potential to create a luxurious principal bedroom suite with dressing area and en-suite or, subject to the necessary consents, convert into two additional bedrooms.
Requiring modernisation throughout, the property has been realistically priced to reflect the work required, making it an ideal purchase for first-time buyers looking to get onto the property ladder, families seeking additional living space, or investors searching for a refurbishment project with excellent resale or rental potential.
The property enjoys a convenient location close to everything Rawtenstall has to offer.
A wide range of independent shops, supermarkets, cafés, restaurants, wine bars and traditional pubs are all within easy walking distance, while nearby retail parks provide further shopping options.
Families will appreciate the excellent choice of well-regarded primary and secondary schools, parks and leisure facilities, making this an ideal place to raise children.
For commuters, the property benefits from excellent transport links with easy access to the A56/M66, providing straightforward journeys to Manchester, Burnley, Bury and surrounding towns.
Regular public transport services are also close by.
Outdoor enthusiasts will love the nearby countryside, with scenic walks, cycling routes and the stunning Rossendale Valley right on the doorstep, offering the perfect balance of town convenience and rural living.
Homes of this size, character and potential in such a convenient Rawtenstall location rarely remain available for long.
Early viewing is highly recommended to appreciate the space on offer and the exciting opportunity to create a truly exceptional home.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. RAW260108/2
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.
Area
Agent & docs

FAQ
About Schofield Road, Rossendale, Lancashire, BB4
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