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 · BB4 9QZ
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** new *** - 2 bedroom end terrace in tucked-away village-style setting - Good Living Space, Feature Fire, Front Forecourt Patio, Walking Distance To Bus Stops, Useful Basement Storage Areas, Ideal First Home / Buy-To-Let Too - no chain delay - Contact Us now To View!
North Street, Lumb, Rossendale is a 2 bedroom, end terrace home which is nicely presented throughout.
Offering good size living space, this is an attractive and charming property ideal for a variety of purchasers, including first time buyers, buy to let investors, or simply anyone looking for a lovely stone property in a comparatively tucked away position.
This property also has the additional benefit of being offered for sale with no chain delay. Internally, this property briefly comprises: Entrance Vestibule, Lounge, Kitchen.
Off the first floor Landing are Bedrooms 1 & 2 and the Bathroom. There is also a useful Basement space split into 2 Basement Areas, ideal for storage or a variety of uses.
Outside, the property also has a Front Forecourt Patio adding valuable outdoor space too.
Situated in Water, the property is ideally located for those looking for a semi-rural setting, yet within easy reach of the local and regional commuter destinations by road, motorway network, or local bus connections.
Open countryside is within walking distance too, as are bus stops to Burnley, throughout Rossendale and surrounding towns such as Accrington and Bury.
Vestibule (1.16m x 1.13m (3'10" x 3'8")) Lounge (4.65m x 4.06m (15'3" x 13'4")) Kitchen (3.82m x 2.49m (12'6" x 8'2")) Basement (2.68m x 1.52m (8'10" x 5'0")) Basement Area 2 (1.76m x 1.55m (5'9" x 5'1")) Landing (0.73m x 2.00m (2'5" x 6'7")) Bedroom 1 (4.69m x 2.76m (15'5" x 9'1")) Bedroom 2 (3.86m x 2.21m (12'8" x 7'3")) Bathroom (2.91m x 1.54m (9'7" x 5'1")) Front Forecort Agents Notes Council Tax: Band 'A'.
Tenure: Freehold.
Stamp Duty: 0% up to £125,000,2% of the amount between £125,001 and £250,000,5% of the amount between £250,001 & £925,000,10% of the amount between £925,001 & £1,500,000,12% of the amount above £1,500,000.
For some purchases, an additional 3% surcharge may be payable on properties with a sale price of £40,000 and over.
Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase. Aml: We are required to conduct Anti-Money Laundering checks on all buyers.
These will be completed at a cost of £25+vat per named buyer, payable at the point of offer acceptance and being non-refundable.
Disclaimer Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors.
Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order.
Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard.
The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc.
Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted.
These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact.
In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.
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
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 advisers 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.
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FAQ
About 2, North Street, Rossendale
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