3-bedroom house · BB2 4SR
Listing removedListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This semi-detached house is currently listed for sale Via Modern Method of sale / auction and is primed for renovation, providing an excellent investment opportunity or the perfect project for a first-time buyer.
The property boasts three bedrooms, two of which are generously-sized doubles, and one a good-sized single, making it a great option for families.
In addition to the bedrooms, the house includes a single bathroom and one reception room, offering plenty of space for relaxation and entertaining.
The kitchen also offers a dining space, ideal for family meals or entertaining guests.
Please note this property requires renovation, providing an excellent opportunity for you to truly make it your own. The location of this house is one of its major assets.
It is conveniently situated close to public transport links, making it easy to commute or travel. The house is also in proximity to local schools, perfect for families with school-age children.
Additionally, it is close to local amenities, ensuring everyday essentials are within easy reach.
This semi-detached house is ideal for first-time buyers looking to put their stamp on their new home, investors seeking a renovation project, or families wanting to be near local schools and amenities.
Overall, this property offers a wealth of potential and the opportunity to create a truly special home in a convenient and desirable location.
This property is for sale by the modern method of auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.2% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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.
QBL260211/8 Ground Floor Entrance Hallway Living Room (4.8m x 3.86m) Central heating radiator. UPVC double glazed window to front aspect.
Kitchen Dining Room (3.7m x 3.07m) Fitted with wall and base units. Sink unt with mixer tap over. Tiled flooring. UPVC double glazed window to rear aspect.
Utility Room And WC Plumbed for washing machine. Space for Dryer. WC. UPVC double glazed window to side aspect. First Floor Landing Window to side aspect.
Bedroom One (4.34m x 3.15m) Central heating radiator. UPVC double glazed window to front aspect. Bedroom Two (3.53m x 2.62m) UPVC double glazed window to rear aspect.
Bedroom Three (3.4m x 2.5m) UPVC double glazed window to front aspect. Bathroom Fitted with a three piece suite comprising of panelled bath with shower, wash hand basin and WC.
UPVC double glazed window to rear aspect. Exterior The property is garden fronted, there is a pathway leading to the good sized rear garden that is mainly laid to lawn.
Agents Note We have been informed that the vendor was convicted for offences involving minors.
Iamsold has been informed there is no evidence that any criminal activity took place at the property, and that no official documentation links the property to any offence.
A publicly available media report relating to a former owner exists, and prospective purchasers may wish to undertake their own enquiries and due diligence.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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
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FAQ
About 89, Green Lane, Lancashire
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