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 work4-bedroom bungalow · OL13 9SS
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN: WELL PRESENTED STONE BUILT DETACHED, TRUE BUNGALOW, FOUR BEDROOMS, SITUATED ON A LARGE PLOT IN A SEMI RURAL LOCATION WITH BREATH-TAKING OPEN ASPECT VIEWS ACROSS OPEN MOORLAND.Andrew Kelly & Associates are delighted to offer for sale with NO CHAIN, a well-presented FOUR DOUBLE BEDROOM TRUE BUNGALOW set in a picturesque location, within close proximity to Bacup and Rawtenstall both of which provide a good selection of local amenities including a number of independent shops, excellent schools, bars and restaurants and with easy access to the M66 motorway with links to both Manchester and Leeds.
Located on the foothills of the Pennines the home benefits from some fantastic scenic walks within the surrounding countryside.
The property has gas central heating and double glazed windows throughout and briefly comprises of an entrance hallway, spacious lounge with access to the rear garden, office/dining room, kitchen, two store rooms, four bedrooms and a family bathroom.
Externally, to the front is a lawned garden and two driveways.
To the side and rear is an enclosed wrap around garden with a large decked area, lawned garden with well maintained borders and a wooden workshop with full power.VIEWINGS COME HIGHLY RECOMMENDED TO FULLY APPRECIATE THE LOCATION AND SIZE OF THE PROPERTY ON OFFER.
Entrance Hall Enter via a Upvc double glazed door into a large hallway, carpeted flooring and two radiators.
Kitchen/Diner 18' 10'' x 9' 2'' (5.74m x 2.79m) A side facing Upvc double glazed window with view to Brandwood Moor, a large kitchen with a good range of wall and base units with complementary worktops and tiled splash back, integral oven and hob, dishwasher, inset double sink, space for a stand alone fridge freezer, tiled flooring and radiator.
Lounge 18' 11'' x 18' 10'' (5.76m x 5.74m) Rear facing Upvc double glazed sliding doors leading to the rear garden, two side facing Upvc double glazed windows with views to Brandwood Moor, log burner with stone hearth and wood surround, TV and electrical points, carpeted flooring and radiator.
Bedroom Four 9' 9'' x 12' 7'' (2.97m x 3.83m) A rear Upvc double glazed window, a double room with carpeted flooring and radiator.
Bedroom One 11' 9'' x 16' 4'' (3.58m x 4.97m) A rear facing Upvc double glazed window, a spacious double room, carpeted flooring and radiator.
Family Bathroom 11' 7'' x 9' 6'' (3.53m x 2.89m) A side facing double glazed hardwood window, a large five piece bathroom suite, consisting of a panel bath, a separate walk in shower, WC, bidet, wash hand basin, tiled floor to ceiling, tiled flooring and radiator.
Store Two 8' 10'' x 3' 7'' (2.69m x 1.09m) A front facing garage door, storage area.
Office/Dining Room 8' 6'' x 14' 4'' (2.59m x 4.37m) A rear facing Upvc double glazed window, carpet flooring and radiator.
Store One/Utility 6' 8'' x 4' 4'' (2.03m x 1.32m) Utility cupboard, plumbed for washing machine and power for dryer.
Bedroom Two 10' 9'' x 10' 7'' (3.27m x 3.22m) A front facing Upvc double glazed window, carpeted flooring and a radiator.
Bedroom Three 10' 7'' x 10' 6'' (3.22m x 3.20m) A front facing Upvc double glazed window, a double room, fitted wardrobes, carpeted flooring and radiator.
Externally To the front of the property are two driveways, one to the front and one to the side, with stone steps leading to a lawned garden with well stocked borders.
The property has a wrap around lawned garden to the side and rear with well stocked borders, a large decked area to the rear and a workshop with power.
Information Council Tax band E EPC Rating D Tenure Freehold
Value & comps
No previous sales on record.
Returns
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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.
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About Edge Lane, Bacup
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