2-bedroom terraced house · OL13 8QE
Listing removedListed 16 daysAuction 26 Oct · ended
Opportunity summary
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About
FOR SALE BY LIVE STREAM AUCTION ON TUESDAY 20TH OCTOBER 2026 AT 12PM GUIDE PRICE £85,000+ An opportunity to acquire a two bedroom, two reception room terrace property on Burnley Road in the Rossendale village of Weir.
The property offers good-sized accommodation with scope for modernisation and a strong rental potential.
Available with vacant possession it presents a worthwhile project in an established residential location.
Accommodation comprises briefly of entrance vestibule, lounge, dining room, kitchen, first floor landing, two double bedrooms and three piece bathroom.
Weir is a village on the A671 Burnley Road, within the Rossendale Valley in East Lancashire.
The property is a short distance from Bacup, which offers a good range of everyday amenities, including independent shops, supermarkets, cafés, takeaways, pubs, doctors' surgeries and a pharmacy.
The A671 gives direct road links towards Burnley to the north and back through Bacup into the wider valley.
Rawtenstall, Rossendale's main commercial centre, is also within easy reach, with its larger retail and leisure offering.
From there, routes connect to the M66 and the wider motorway network, making Greater Manchester, Rochdale and Lancashire's main towns accessible for commuters.
Regular bus services run along Burnley Road. Weir sits at the edge of the South Pennines, and open countryside is close by.
Moorland walks, reservoirs and countryside trails, including parts of the Rossendale Way, are within easy reach, making the area popular with walkers, cyclists and anyone who wants outdoor space on their doorstep.
Flying Freehold, we advise that you seek clarification from your solicitor to fully understand any implications.
Lease term - 999 years from 26 October 1869 Ground Rent - £1.15 ACCOMODATION Ground Floor Living Room Kitchen First Floor Bedroom One Bedroom Two Bathroom ADDITIONAL INFORMATION Tenure Leasehold Disclaimer Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers.
We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Disbursements Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
FAQ
About Burnley Road, Weir, Rossendale, OL13
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