4-bedroom house · BB4 6EW
For saleReduced £100k (−12.5%) on 20 OctListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
4/5 bedroom, detached family home, set upon A sizeable plot with full, extant planning permission for development too - Generous Accommodation Requiring Full Refurbishment, Good Views, Great Position For Rawtenstall Centre / Local Amenities / Transport Links - Contact Our Rawtenstall Office Exclusively For All Enquiries - viewings by appointment only Two Acres, Clayton Avenue, Rawtenstall, Rossendale is a 4/5 bedroom, detached family home requiring full refurbishment, set upon a generous plot of land which also has full extant planning permission for development too.
Located in a sought after position within easy reach of Rawtenstall centre and all local amenities.
Internally, the property briefly comprises: Entrance Porch, Hallway, Lounge, Dining Room, Kitchen / Breakfast Room, Integral Garage, Bedroom 4, Side Hall, Study, Shower Room, 2nd Lounge / Bedroom 5.
Off the first floor Landing are Bedrooms 1-3 and the Family Bathroom.
Currently, the site houses one detached dwelling including driveway parking, with the remainder of the development area comprising the property's gardens and grounds.
Access is directly from the head of Clayton avenue itself and via the existing property's entranceway.
Planning on the site is extant, with initial works on access having been confirmed as previously begun. The planning reference for the approved scheme, at Rossendale Borough Council, is 2002/532.
A Lawful Development Certificate confirming a material start was made, was produced as a result of planning reference 2016/0273.
Located within easy reach of a great range of local amenities, the site also has excellent transport links close by, via M66/M60/M65/M62 motorway links to local and regional destinations.
Open countryside is accessible within just a few minutes and throughout Rossendale as a whole, a great range of leisure, shopping, healthcare and other resources is widely available.
Housing demand in the area is currently strong and there is expected to be robust demand for properties such as those approved.
For all enquiries, please contact our Rawtenstall office - Viewings are available, by appointment only, due to the existing premises onsite.
Porch Hallway Lounge (7.26m x 3.93m (23'10" x 12'11")) Dining Room (3.70m x 2.72m (12'2" x 8'11")) Kitchen/Breakfast Room (3.66m x 4.22m (12'0" x 13'10")) Rear Hall Integral Garage Side Hall Bedroom 4 (2.73m x 2.62m (8'11" x 8'7")) Study (1.50m x 2.38m (4'11" x 7'10")) Shower Room 2nd Lounge / Potential Bed 5 Landing Bedroom 1 (3.67m x 5.12m (12'0" x 16'10")) Bedroom 2 (3.62m x 3.00m (11'11" x 9'10")) Bedroom 3 (2.76m x 5.21m (9'1" x 17'1")) Bathroom (3.07 x 2.73 (10'0" x 8'11")) Side Driveway Rear Garden Further Garden / Paddock Agents Notes The site includes a detached residential dwelling to which all mains services are, we understand, currently connected.
Tenure: Freehold Council Tax: Band 'F' 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
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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.
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About Two Acres, Clayton Avenue, Rossendale
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