2-bedroom flat · OL13 9PZ
For saleReduced £10k (−11.8%) on 2 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This generously proportioned two-bedroom property offers far more space than you might expect.
With a large lounge, two excellent-sized bedrooms, extensive storage, gardens and a useful stairlift, this is a home with plenty of potential.
The property would make an ideal home for someone looking for generous living space and the opportunity to put their own stamp on a property.
EPC: Tbc Pennine Road is situated within a well-established residential area on the eastern side of the Bacup.
It offers a good range of everyday amenities, including local shops, cafés, supermarkets and other facilities, with the town centre providing further choice for shopping and leisure.
The surrounding area also benefits from the attractive countryside and open landscapes associated with the Rossendale Valley.
Entering via the side entrance, you arrive at the hallway, with stairs leading through to the main accommodation.
A stairlift is installed and included with the property, providing useful accessibility between floors.
The generously proportioned lounge offers plenty of space for comfortable seating and entertaining.
A large front-facing window allows plenty of natural light into the room, while the feature fireplace provides an focal point.
The generous proportions allow for a range of furniture, with green views towards the front of the property.
The kitchen offers excellent storage, with two pantries as well as two large walk-in storage cupboards, making this a particularly practical home for those looking for plenty of useful storage space.
The property benefits from two generously proportioned bedrooms, both offering excellent space and flexibility.
The larger bedroom is particularly impressive, with ample room for a variety of furniture and two windows providing plenty of natural light and a pleasant outlook.
The second bedroom is also a very good size, offering more space than you would typically expect from a second bedroom and providing plenty of flexibility for different furniture arrangements or uses.
Externally, the property benefits from front and rear gardens, together with an additional outbuilding.
The sellers advise that there is an existing arrangement whereby the neighbouring residents use the rear garden, while this property has use of the front garden.
Overall, this is a substantial two-bedroom property offering generous accommodation, excellent storage, gardens and useful accessibility features.
Situated in a quiet part of Pennine Road, the property offers a great opportunity for a buyer looking for a spacious home with scope for further modernisation.
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
FAQ
About 165, Pennine Road, Rossendale
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