3-bedroom terraced house · OL14 6AE
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom mid terraced property requiring renovation, ideally located just outside Todmorden Town Centre whilst remaining within comfortable walking distance of its amenities.
The property benefits from recently having a full rewire. The property provides an excellent opportunity for a buyer to modernise and add their own stamp.
To the ground floor is a spacious lounge featuring a multi-fuel burner, which leads through to the kitchen. From here there is access to the rear yard, along with stairs leading to the first floor.
The first floor offers two bedrooms, comprising one particularly large double bedroom and a further single bedroom, together with a three-piece bathroom suite.
To the second floor is a further bedroom, completing the accommodation.
An ideal opportunity for investors, developers or buyers looking for a renovation project in a convenient and popular location close to Todmorden Town Centre.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HBR260059/2 Living Room This generously sized living room provides an excellent blank canvas for a buyer looking to modernise and personalise the space.
Featuring a central fireplace as a focal point, the room offers ample space to accommodate a range of furnishings.
Kitchen A fitted kitchen offering excellent potential for modernisation and personalisation. The recently fitted boiler is housed within the room, and a door provides access to the rear yard.
Bedroom 1 A spacious bedroom positioned at the front of the property. Bathroom A three-piece bathroom suite which is functional but would benefit from some modernisation.
Bedroom 3 A bright bedroom located at the rear of the property, making an ideal single bedroom or a great home office space.
Bedroom 2 A further large double bedroom located on the second floor, featuring Velux windows.
Some neighbouring properties on the street have split this room into two, creating an additional bedroom, subject to the necessary requirements and permissions.
Yard A well-proportioned, flagged and fenced yard, creating a private outdoor space ideal for those with bikes or for enjoying outdoor seating.
Rental Opportunity Great rental investment opportunity!
Once renovated to a high standard, this property could comfortably achieve rental income in the region of £900–£950 PCM, offering an attractive potential yield of approximately 9.5% Agents notes EPC D Council Tax Band A Leasehold- 877 years remaining Ground Rent- £11 per year Chain Free On Street Parking To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Greave Street, Todmorden, OL14
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