1-bedroom house · BB18 5BA
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the ever popular market town of Barnoldswick, this stone built cottage presents an excellent opportunity for buyers looking to add their own style and value.
Requiring modernisation and cosmetic improvement throughout, the property offers plenty of potential and is ideal for first time buyers, investors or anyone seeking a renovation project.
The property is currently tenanted and will be sold with vacant possession, with the tenant due to vacate on 24th July.
Arranged over three floors, the accommodation comprises a living room and kitchen to the ground floor, a generous double bedroom and spacious bathroom to the first floor, together with an attic room on the second floor.
The attic room is currently used as a bedroom by the occupier. However, building regulations approval has not been confirmed and it is therefore being marketed as an attic room.
Barnoldswick remains one of East Lancashire's most desirable market towns, offering an excellent selection of independent shops, cafés, restaurants, supermarkets and everyday amenities, alongside beautiful countryside walks and good transport links to neighbouring towns.
EPC Rating: D Ground Floor The property is accessed via a small enclosed forecourt into the living room, which offers good proportions and retains character features including built in storage cupboards and a feature fireplace.
To the rear, the kitchen provides a range of fitted units with space for appliances and access to the rear of the property.
The kitchen would benefit from updating, offering buyers the opportunity to create a space to suit their own tastes.
First Floor The first floor comprises a generous double bedroom overlooking the front of the property. The spacious bathroom includes a bath, separate shower enclosure, wash hand basin and WC.
The room offers good proportions and provides scope for refurbishment.
Second Floor A staircase leads to the attic room, which is currently used as a bedroom and benefits from a roof window providing natural light.
Please note that building regulations approval has not been confirmed for this room. It is therefore being marketed as an attic room rather than a bedroom.
Disclaimer We have not tested any appliances, fixtures, fittings, or services and cannot confirm they are in working order.
Buyers must satisfy themselves as to condition, and no employee of Fardella & Bell is authorised to give any warranty or guarantee. All measurements are approximate and may be subject to error.
They should not be relied upon for furniture, fixtures, or floor coverings. These particulars are provided in good faith, approved by the vendor(s), and are subject to error and omission.
They do not form part of any offer or contract. Buyers should satisfy themselves on all matters, including any alterations or works and the relevant consents or approvals.
AML All buyers and sellers must complete Anti-Money Laundering checks in line with HMRC regulations before a transaction can proceed.
Fardella & Bell uses Coadjute’s Assured Compliance service, and a fee is payable for each individual check.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Back Chapel Street, Barnoldswick, BB18
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