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 · OL13 8AN
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for experienced and new landlords. Presenting this well presented period mid-terraced property. Let at £650pcm to settled tenants (£7,800pa), giving a gross yield of 8.67%. EPC:D.
Situated on an established residential road, this is the perfect property for a new landlord, or an experienced landlord looking to add to their portfolio, with a generous 8.67% yield/ £650pcm income.
Situated on the edge of Bacup town centre, close to the popular Circle cafe and family events space, enter a porch and through to a 175sqft lounge with front window and open doorway through to the kitchen.
The kitchen features a collection of fitted kitchen cupboards on three sides with a window looking onto the gardens and under stair storage space.
To complement the kitchen there is a rear hall, with utility space, a door to a spacious downstairs W.C. And a door into a small private rear yard.
A staircase off the kitchen leads to the first floor landing.
There is dual access to the larger front bedroom, a c.110sqft double bedroom, with storage above the stairs and a pair of front windows, whilst a 75sqft second bedroom, overlooks the rear.
There is a neat three-piece bathroom, with panel bath, shower above, light grey wall tiles and glass shower screen, plus W.C. And wash hand basin.
Well presented with settled tenants, please call Ryder & Dutton to arrange your viewing.
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
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FAQ
About 16, Rose Bank Street, Rossendale
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