2-bedroom terraced house · OL14 5RF
Sold STCListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this Mid-Terrace property with a tenant in situ.
Situated in the heart of Todmorden Town close to all local amenities and features two double bedrooms, a rear patio and is deceptively spacious throughout.
*Please note that this property is being sold with a sitting tenant in situ and therefore we will only be allowing viewings to those who are investors looking to invest in a buy to let.
Please contact an agent for further information.
Ground Floor: Living Room: Entering from the front door, the living room offers a brilliant space as it currently houses a large sofa, table and chairs and a coffee table.
Neutral painted walls, grey carpet and has a large window to allow lots of natural light to flood the room.
Kitchen: This large wooden kitchen features dark grey worktops and an abundance of storage with ample wall and base units providing plenty of space.
This is also, direct access to the yard, offers convenience for outdoor dining.
First Floor: Master Bedroom: This double bedroom is a great size, featuring a double bed and has painted white walls, giving it a bright and airy feel.
The room offers a cleaver storage solution around the chimney breast, with fitted wardrobes on one side providing ample hanging space.
On the other side, there are shelves neatly integrated into the design.
Bathroom: Equipped with a WC, washbasin, free standing bath and a shower, the four-piece bathroom suite maintains a cohesive look; the white-tiled bath/shower surround, contrast with the newly fitted laminate flooring.
Second Floor: Bedroom 2: This spacious bedroom features charming character elements, including wooden beams and an arched opening from the chimney breast provides a unique architectural detail, which could be utilised for additional storage or decorative purposes.
To one side, there's eaves storage that offers extra space, while a velux window and window at the front allows natural light to flood the room.
A combination of these features makes the room both functional and full of character.
External: To the rear of the property there is small patio area, which comfortably fits a table and chairs for sitting outside in an ideal place to relax. On street Parking is available.
Hansons Opinion: Hansons acknowledge Key Sike Lane as a wonderful property and is an ideal investment for those looking to expand their property portfolio.
Positioned in central Todmorden, offering easy access to all shops, cafes, restaurants, supermarkets, schools and the Train Station.
Location: From Todmorden's Central roundabout, proceed down Halifax Road for approximately 0.4 miles. Turn Right onto Key Sike Lane and the Property is on the Left.
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
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FAQ
About Key Sike Lane, Todmorden
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